Finance is key to the success of any business and a plan on how to make, manage and multiply the income of a business can determine if the enterprise will triumph or be trumped. How to open Business account is one of the most asked questions as your business begins to generate revenue and seeks…
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…
For a lot of startups, there is a need to minimize costs and maximize productivity. A very easy way to minimize cost is to make use of tools that are freely available. These tools can sometimes match the functionality of some proprietary tools. We have curated different tools that can be useful to startups irrespective…
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…