The coolest way to eventually become your own boss is to start a side hustle and build your self-employed income while you still have the safety and security of your day job. This is what modern entrepreneurs refer to as Hybrid Entrepreneurship. Hybrid entrepreneurship is identified as the process of…
Customers are the lifeblood of any business, but how do we attract new customers and keep them without breaking the bank? Winning new customers and keeping them can be difficult, I’d argue that it’s even harder than starting a new business. Here are 5 proven tips to help you win…
Skills and knowledge are the driving forces of economic growth and social development of any great nation. Despite the current high level of unemployment, harnessing Nigeria’s young demography through appropriate skill development efforts provides an opportunity to achieve inclusion and productivity within the country. Large-scale skill development is the main policy…
Acquiring new customers isn’t always as easy as we’d like it to be. It drains your energy and leaves you with little time for all the other tasks piling up on your desk. While getting new business is important, there are other ways to grow your business revenue that requires…
Invoicing is probably one of the most challenging bookkeeping tasks that bring stress to small business owners. Chasing after clients and making sure that all bills are paid require multi-tasking and bookkeeping skills. For these regular tasks to be easier, moving to online invoicing is a great decision for most…
Blogging isn’t just something else you should be doing for your business. It’s something that you absolutely need to be doing for your business. Today’s consumers require you to have an online presence and chances are high that your competition already has one. You could be losing customers to your…
Literarily everyone needs a mentor at one stage in their life. For entrepreneurs, turning a passion into a business is the ultimate dream. But that dream doesn’t come easily. It’s hard work, and there are challenges around every corner. Fortunately, entrepreneurs don’t have to do it alone. Their chance of…
As a small business owner, you probably know that the key to your success is not just driven by the number of customer transactions, but also the way you manage your money. Small-business owners need to be informed about every aspect of financing, from bookkeeping to cash-flow projections to effective…
Let’s face it, 80% of new businesses and startups will fail for one reason or another within the first three (3) years of getting started. Why is this so? New startups are coming up everywhere throughout the nation with Lagos and Abuja being the Silicon Valley of the majority of these startup businesses….
Payroll management at a small business is not easy, and many small business owners make the mistake of underestimating how complicated the process can become. If you are to run your small business successfully for the long-run, make sure you take payroll matters seriously. Payroll management and processing can provoke…
The truth is, some of these small business ideas are neither ingenious nor new. But by having street smarts, the right team, risk tolerance, passion, and perseverance, they can become multi-million naira (or dollar) enterprises. Here are 10 small business ideas that will have you raking in millions in no time….
Choosing marketing channels wisely is a very important and tricky task. In the exciting world of digital marketing, you cannot be ignorant of the changes taking place in the world of marketing. As time passes by, you can see a lot of trends emerging. Being at par with these exciting…