This website is for people who want to start a business or have already started their business and now looking for useful tools, business information, marketing ideas and resources to help them take their business enterprises to the next level. The Startup Businesses blog section focuses on topics such as business organisational structuring, business planning and business plan templates you can use and product development strategies, How to raise money or capital for your business, how to setup your accounting department, recruiter the right employees and avoid the guesswork, marketing case studies and IT tools to help your grow your business in the shortest time frame.
Why Business Owners Are Not Qualified To Access Loans
Thinking of getting a loan for your business? Here are the main reasons why business owners are not qualified to access loans in Nigeria. The Central Bank of Nigeria (CBN), the Bank of Industry (BoI) and the Lagos State Employment Trust Fund (LSETF) recently say there are many funds available for the micro, small and medium enterprises (MSMEs) in Nigeria, but many business owners are not qualified to access them. They say lack of proper documentation, absence of financial history, and...