Startup Businesses

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.

10 Important Questions to Answer Before Starting a Business

These important questions to answer before starting a business emphasizes on ways startups can discover their entrepreneurial potentials and reasons why they should be in business. So you have what it takes to be an entrepreneur? Now it’s time to focus the beam on you as intending entrepreneur or one already in business. If you are just starting up, you will need a plan of what resources are required to achieve your main objectives; And by analyzing these strategic factors such as: your Strengths, your Weakness Attributes;...

Methods Entrepreneur Can Use To Evaluate A Business Idea

This article outlines the key methods entrepreneur can use to evaluate a business idea before starting up, solving real problems and adding value to the world. If you want to start a business or planning to launch a new product line, you’ll need to think carefully about your business idea and find out if it’s a great idea that could turn into a useful product or service. The first thing to do when you get a business idea is to determine whether it’s a good...

40 Small Business Ideas You Can Start With Little or No Money

If you are thinking about stating your own business but have no capital, here is a list of small business ideas you can start with little or no money. Once you are satisfied that you have the potentials to succeed as an entrepreneur, you must decide on which business is best for you. However, starting the wrong kind of business is the most frequent mistake start-up entrepreneurs usually make. If you have not yet decided on a business, we have put together this list of 31...

How to Develop a Winning Business Plan in 5 Easy Steps

This post outlines how to develop a winning business plan in 5 easy steps. The best way to start a business is to set out your ideas in a proper business plan, with costs and returns on investments well analyzed. It includes free access to our Sample Business Plans, Worksheets, Startups Business Tools and other Resources to help you create a wining business plan that your potential investors or partners would get excited about and willing to invest in.   First, What...

Factors Affecting The Nigerian Business Entrepreneurs

This article takes a look at the key factors affecting the Nigerian business entrepreneurs or the Micro, Small and Medium size Enterprises, (MSMEs) receptively. Entrepreneurship space is currently experiencing rapid grow in Nigeria, perhaps due to the high unemployment rate which climbed to a six-year high of 18.8% in the third quarter of 2018, – according to the most recent data provided by the National Bureau of Statistics (NBS). But only 20 percent of these businesses survive the first few years of their establishments. As an...

5 Best Banks For Business Account In Nigeria

If you want to open account for your Business Name, Limited Liability Company or Public Corporation in Nigeria but you’re not really sure which bank to choose, below is our list of best banks for business account in Nigeria.  This post highlights the top 5 banks in Nigeria that is most suitable for small scale businesses, established firms and startup entrepreneurs who want to open business accounts. Most of these banks provide multiple SMEs packages that are best for online business in Nigeria, internet...

How to Start a Business in Nigeria

Looking for how to start a business in Nigeria? Find out more from this business startup eBook. It covers everything you need to launch start and grow. No doubt, downsizing, also known as workforce reduction is becoming the order in today’s global employment markets. While other professions are faced with cut-backs and lay-offs due to weaker economy, the entrepreneurship sub-sector has continues to remain strong and stable in many nations of the world. For a fresh graduate, laid-off worker and those still in the jobs,...

What is Company Law in Nigeria?

For purpose of this section, we are going to look at what is Company Law in Nigeria; following the provisions of the Companies and Allied Matters Act (CAMA) 1990, as amended. This post is designed to further the understanding of our dear readers, who want to register their businesses in Nigeria. In our previous articles, we learnt that a Company can be structured in different ways, such as: a sole proprietorship business, partnerships, Limited Liability Company, among others. You will also...

How to Register a Business Name in Nigeria: 4 Step Guide

As a business owner or partner, if you have choose to name your business as anything other than your own personal names, then you’ll need to register it with the appropriate authorities in Nigeria. The post is a step by step guide on how to register a business name in Nigeria with the Corporate Affairs Commission (CAC).  It is required by law that you register your business if you want to do legitimate business in Nigeria. Apart from the requirement...

10 Factors to Consider In Business Loans Application Process

In today economy, getting a small business loan can be so important in growing your new business. However, below are key factors to consider in business loans application. However, a lack of equity usually limits the debt financing available to most startup businesses in Africa and across the globe. Lenders will generally require some equity cushion or security (collateral) before they can lend to small businesses. Additionally, debt financing requires the ability to service the debt through current interest payments. This also makes...

×