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1. Set clear financial goals You can’t have financial freedom without first setting a gol 2. Start saving as soon as you can 3. Spend less than you earn Spending more than one’s earnings is 4. Only buy what you need When you buy only what you need, you will
The financial sector is one of the most regulated sectors in Nigeria. As such, companies operating in the sector are required to meet stringent requirements before they can operate in the country. For a Fintech company to operate legally in Nigeria, it must get a license from the CBN. The Central Bank of Nigeria (CBN)
Trademark registration is important if you have a brand that you need to protect. In Nigeria, entrepreneurs register trademarks mainly for two reasons; one is to protect their brand and second, due to regulatory requirement. If you want to produce a product that requires approval of the National Agency for Food And Drug Administration and
Most failed businesses did not fail without prior notice. There are always signs but often we fail to see them. Below are eight sights your business could be failing. 1. Your sales figure is going down Are you doing poorly on sales. It could be a sign your business is failing. While now and then
Starting a business is challenging, especialy when it’s your first time. While there are many things to deal with, funding is one of the leading challenges faced by entrepreneurs when starting a business. Below are 6 sources of money to start your business. 1. Personal savings Personal savings is your best source of funding
Business Name (also called Enterprise) is the most basic form of business registration in Nigeria. Below are things you need to know about Business Name. Business Name is not a company:- Though it is regarded as a business structure, it is not a legal entity. It is a mere registration of a name being used
There are many reasons why you would want to have a business bank account. Having one helps you separate your business money from your personal money and it increases customer’s trust in you. It’s not difficult to open a business bank account in Nigeria. But to do so, there are couple of steps you need
I understand that excitement when a business idea pops into your head; you want to jump out of bed and start getting things done immediately. While there are things you can start doing immediately such as research and product development, there are a couple of things you shouldn’t be doing until your business is registered.
2 Steps For You To Make Money A simple Google search for “how to make money” will return millions of result. While most of what you will see concerning how to make money is true, there are a few fundamental steps one can take to make money, regardless of your chosen field. 1. Identify a
Differences Between A Business Name And A Limited Liability Company In Nigeria, you can either register your business as a business name or as a limited liability company. While you can carry on business and open business bank account with both registrations, there are some differences between the two. Below are some of the key
