Entrepreneurship can be challenging, particularly for women who face numerous obstacles in starting and running their own businesses. One significant hurdle many women face is the fear of taking loans to finance their businesses. However, this fear is often unfounded and can limit the potential of women-owned businesses. In this…

February is the month when a day is carved out to celebrate love and affection, and this should not just be limited to personal relationships. As a business owner, showing love to your business can bring a new level of passion and energy to your work. …

The relationship between a person’s upbringing and their financial potential in adulthood is a complex one. While it is true that a person’s upbringing can play a role in shaping their financial future, it is not the only factor that determines their potential for success. …

The world is still experiencing post-pandemic effects, which are shaping our lifestyles and businesses. The nature of the market is changing, and small businesses must change with it. The COVID-19 pandemic has brought about many changes in our lives, and small businesses are no exception. However, we cannot let this…

When inflation occurs in Nigeria, it affects everyone directly, and the poor are the most affected. In July 2022, Nigeria hit the highest inflation rate of 19.64% since 2005. Also, the world bank says inflation will likely push about a million Nigerians into poverty by the end of 2022. Although…

Word-of-mouth marketing is a strategy that relies on the power of word-of-mouth advertising to generate sales. It’s been around since the early 1800s, but how effective is it today? This article will explore what makes word-of-mouth marketing effective today and beyond. Word-of-mouth marketing is still relevant today, but what has changed? Word-of-mouth marketing is relied on heavily by businesses around…

A loan process is as important as the repayment procedure. Loan repayment is a vital determinant of your business credit score. Loan repayment refers to the act of refunding a loan based on the agreed terms and conditions. Any business that defaults at loan repayment is liable to a decreasing…

Business loans have a significant influence on the growth and development of small businesses. Most businesses secure loans to facilitate speedy growth and expansion, such as fulfilling marketing plans, buying equipment, making provision for steady cash flow, etc. A business loan is usually incurred by a business owner and issued…

The average small business owner would tell you to avoid debts at all costs, debts are seen as a sign of approaching business failure and that is not always a correct view. Entrepreneurs would most likely encounter debt in their startup, it is a common and even necessary aspect of…