A scalable business is at the core of entrepreneurship. Scale your Business! Business Hub one, 2020 The fundamentals of entrepreneurship does not permit you to be stuck as an employee in your own business, running helter skelter to attend to customers, manage inventory attend to feedbacks and make profits. It is a call to do…
A study of the intrinsic properties of Scalability shows that once a business is scalable, its is invariably profitable. What is Scalability? Scalability is the ability to multi-dimensionally increase the different properties of a particular enterprise. Scalability is the ability to increase profits without significant increase in cost of dong business. In paying attention to…
Happy Independence Day Nigeria! Few independent words… Many have lamented that there is nothing like the Nigerian Dream or questioned the authenticity of the dream or provided demented definitions of the dream… Today, the nation woke up to some comparisons from the no 1 Man. The scriptures says “comparing themselves among themselves, are not wise.”…
The concept of teamwork that it goes beyond a group of people coming together to get things done. One must understand that every individual brings a unique advantage to the table as they come together to form the team. The saying, “two good heads are better than one” isn’t only exemplified in the process of…
The Payment Processing landscape ISOs Independent Sales Organizations (ISOs) sell credit card processing services to merchants, and they act as intermediaries between merchants, payment processors, and acquiring banks. In some cases, they might actually be banks; for example, Wells Fargo is a Fiserv ISO. ISOs service merchant bank accounts and, at times, create the relationship…
Startups are usually the brains behind the introduction of new products and services, and innovations that are usually commercialized.
Agtech generally refers to businesses/startups that combine a bit of both the agriculture and technology to achieve its goal. More Specifically, Agtech refers to processes that combine that improve agricultural activities by introducing technological advantage. These startups that combine technology to their agricultural advantage have risen to the occasion and began to develop platforms and…
Cash flow is an important point of concern for any business that wants to stay afloat or expand. This post Importance of cash flow in Business is an in-depth study of the benefits of evaluating cash flow in businesses What is Cash Flow? The cash flow statement records the amounts of cash and cash equivalents…
Burn Rate is an important metric for startups especially venture-funded startups. In this post we will take a cursory look at how to calculate Burn rate, why it matters for your business and how to ensure you live on the positive side of the effecty of burn rate. What is Burn Rate? Burn rate is…
Taxation is a significant consideration for founders who look to start their business in Nigeria or investors who look to invest in Nigeria. Taxes are fees levied by the government on individuals and companies to generate revenue for the running of the country. Tax There has three attributes Validated by law Not a voluntary payment…