10 Businesses You Can Start With ₦100,000
Ever sat around thinking, “Man, if I just had some extra cash, I’d start my own business and be my own boss?” Well, guess what? Starting a business isn’t just for the big guys with millions in the bank. With just ₦100,000 in hand, you’d be surprised at how many doors you can open. This article will break down some creative, low-cost business ideas that will tell you, “Wow, I could actually start this!” So buckle up, because it’s time to dive into some of the best small business ideas that’ll get you......
How To Write A Loan Application Letter To Get A Loan For Your Small Business
So here’s the truth: Business loans are the lifeline for small businesses, especially in a tough economy like Nigeria’s. As a small business owner, you’ve probably faced situations where you needed cash but didn’t have it. Maybe you need to buy more stock for your store or upgrade your equipment to keep up with demand. Whatever the reason, this is where a business loan steps in as your personal “Awoof”. Now, there are several sources to get loans for your business, like applying for the SMEDAN loan we discussed in a previous article.......
12 Proven Ways To Grow Your Small Scale Business In Nigeria
Let’s face it, growing a small scale business in Nigeria can be exciting, but a bit of a hustle. What makes small businesses hard to scale in Nigeria is usually done to a poor start, financial constraints, lack of knowledge and intense competition. But with the right approach, you can build a brand that stands out even in a crowded market. Whether you’re selling on Instagram or managing a neighbourhood grocery store, there are ways to grow your small scale business steadily and sustainably. Let’s get into it. What is a Small Scale......
How to Start Selling Through an eCommerce Website in Nigeria
The typical online seller in Nigeria doesn’t like selling through an ecommerce website. You hear complaints like “ecommerce websites are expensive”, “customers don’t buy from ecommerce sites”, and “I sell only on WhatsApp.” *Sighs* Be “calming” down. Not all of those excuses are true. Launching an ecommerce website for your business might feel like a big step, but it’s one you won’t regret. You might have been running your business from a physical store or through social media, but taking it online with an ecommerce website can level up your hustle big time. ......
7 Ways To Survive In Nigeria’s Harsh Economy As A Small Business Owner
If you do business and want to survive in Nigeria as a small business owner, you have to understand the economic rollercoaster that’s often difficult and unpredictable. As a small business owner, you’ve probably encountered “wahala” when balancing increasing costs, unpredictable market trends, poor power supply and unreliable infrastructure. On top of all these “gbas gbos”, you still have to deal with government officials coming to collect unsolicited taxes or levies, customers’ bad credit, logistics issues and the high chief of all problems – the almighty U$Dollar rate. Haba! How do you survive......
How To Use GB WhatsApp Latest Version For Marketing Your Business
When “GB WhatsApp” is mentioned, “shady texting” or the ability to read deleted messages might pop into your mind. The hype of GB WhatsApp was real back then and still is, in some form today. However, not everyone knows about GB WhatsApp latest version with features business owners marketing on WhatsApp can use. As a modified version of the regular WhatsApp, GB WhatsApp comes with extra sauce, offering customisation and advanced features that the regular app can’t match. If you haven’t been using it to turn your WhatsApp contacts into money printers, no......
AI businesses you can start in 2024 and make money
When AI went mainstream, everyone wanted to make some $$$ out of AI businesses. It’s still a bit weird to think of all the schemes people devised to sell you, “You can make a million bucks using ChatGPT in just 24 hours!” Oh, the horror! A few got lucky with it and made money — that is, the ones selling everyone else courses on how to make money using their “AI gazillion cashflow bot.” The rest quickly realised making money through AI alone was a bit of a hassle. Is possible? Yes! Absolutely.......
7 Ways to Prepare Your Business For Success in 2024
So the Jingle Bells are out, the snows are falling, and 2023 is on its embers. It’s another white Christmas! If you’re like most entrepreneurs, now may be perfect for taking time off, relaxing with loved ones and celebrating the holidays. You should, by all means. However, you should also ensure you’ve done your homework, preparing your business to survive, thrive and come out on top in the coming year. This, my friend, is what many business owners don’t do. Year after year, many entrepreneurs fail to plan to evaluate their business performance......
The Fastest Ways To Secure Funding For Your Startup In 2023
With the year ending, startups and business owners can look for business funds. While Investors typically take stock of their investments this time of the year, it isn’t unusual to hear that business X has raised Y dollars. So if you’re still in the thick of raising funds for your business, this article is for you. You must learn about the most effective funding options and the fastest way to harness them to succeed. The startup landscape will be fiercely competitive in 2024, with an average of 4.4 million businesses launching annually year-on-year.......
Top Social Networks To Connect With Investors And Business Owners
Social media and communities are crucial for entrepreneurs seeking investment opportunities and connecting with like-minded business owners. That’s why we highlighted nine communities for connecting with business owners earlier. However, choosing the right platform for social networks can be very challenging. Understanding the top social media networks for connecting with investors and business owners is essential. Imagine a world where your network spans continents and valuable insights and industry updates are just a click away. The potential of social media seems limitless, with over 5 billion users across the globe. Social media bridges......