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…
One perk this list promise is simplicity of approach. This list was initially promised to be a list of 20 investment opportunities in Nigeria- However, there is no pressure to have so many investments and having headache managing them, rather have high performing investments that can be managed properly. You only need 5 high performing…
Productivity is a concept that almost everybody is familiar with in one way or another. However, there can be nuances that affect its extent. Startups and business
The ease of doing business is a yearly report by the world bank that reviews certain criteria about doing business in virtually all the world countries and generates a ranking using this data. This is a comprehensive breakdown of the report into easy titbits. it draws information from 15,000 professionals from 190 countries of the…
Startup valuation in Nigeria can be a little tricky considering the a lot of uncertainties that continuously shrouds starting and doing business in Nigeria. However complex this may seem, there are a few ways to arrive at a fairly accurate valuation with regards to the peculiarities that are descriptive of the Nigerian landscape. Setbacks to…
