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.

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...

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 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...

How To Make Money Online In Nigeria

If you are looking for ideas on how to make money online in Nigeria, this post will show you some decent and sure ways you can earn massively online. Here, we are going to discuss several creative way of making money online. So if you are reading this article, you’re one step ahead of achieving success in your online money making quest. Without out wasting mush of your time, below is our step by step guide or better; the list...

10 Reasons Why Nigerian Businesses Fail

Why do small businesses fail in Nigeria? This post will bring to the limelight the key reasons why Nigerian businesses fail. Sometimes, a failing business may be in such a way that the entrepreneur founder or the business owners are unaware of this failure happening until it is often too late. Without doubt, most business professionals know that lack of good management system in a firm's structure has many negative ways of affecting the success fortuity of most businesses. Thus, the leading...

Laws And Regulatory Agencies That Govern Foreign Investment In Nigeria

The article contains the principal statutes, business laws and regulatory agencies that govern foreign investment in Nigeria. It features key Nigeria business laws and the investment regulatory agencies you will contact for a specific guide you need regarding stating or investing into a business in Nigeria. Below is a list of 15 laws and regulatory agencies that govern foreign investment in Nigeria.   LAWS AND REGULATORY AGENCIES THAT GOVERN FOREIGN INVESTMENT IN NIGERIA #1.    Companies and Allied Matters Act (Chapter C20), LFN...

Best Social Media Agency in Lagos Nigeria

Looking for data driven social media marketing agency in Lagos Nigeria that understand the benefits of social media platforms like Facebook and Twitter? Abbakin is a Lagos-based social media management agency committed to lead generation and effective social media campaign for our clients. As the business owner or marketer, building a social media audience should be an essential part of your digital marketing strategy. Most customers today access business information via their smartphones. By leveraging best social media tools, social...

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