The launch of a business is usually to solve a problem. However, parallel to starting a business is to make a profit. In this article, we will highlight the different types of revenue models applicable to a business. A revenue model is a framework that determines how to price the value … [Read more...] about Revenue Models and how it applies to businesses in Nigeria
Search Results for: small businesses
Steps on How To Start a Small-Scale Business
Every small scale business starts as a big idea, but you have to be able to execute the plan into action. The execution phase is what gets most entrepreneurs overwhelmed, and some even give up before it starts. With a little dedication, getting started is easier than you think. Breaking your big … [Read more...] about Steps on How To Start a Small-Scale Business
10 Most Lucrative Businesses in Nigeria
Introduction If Nigeria is Africa's biggest economy, it makes you wonder what businesses keep Africa's biggest economy thriving. Opportunities are boundless in this populous nation of ours. In this regard, it can be hard to keep tabs on the endless possibilities that abound in Nigeria. This list … [Read more...] about 10 Most Lucrative Businesses in Nigeria
5 lucrative online businesses in Nigeria you can start now
Why are online businesses the way to go? Well, according to the 2019 digital report by Hootsuite and We Are Social, the average person spends more than six hours a day on the internet. This figure has increased as a result of the current global situation. A lot of people keep spending more time on … [Read more...] about 5 lucrative online businesses in Nigeria you can start now
Asset Finance Scheme in Nigeria explained
One of the major aims of most financial institutions is to make several financing options available to their customers. Asset finance scheme is one of these provisions. Basically, an asset finance scheme is a finance option specially designed to cater to the needs of businesses and individuals. … [Read more...] about Asset Finance Scheme in Nigeria explained
Angel Investment Network in Nigeria – What you should know
One of the major problems businesses face today is the unavailability of investors or rather poor access to investors. Without investors to provide the fund, there are only a few businesses that can expand on its own. Therefore, the Angel Investment Network exists, to bridge the gap between small … [Read more...] about Angel Investment Network in Nigeria – What you should know
5 Sources of business grants in Nigeria for startups
It is no news that starting a business requires capital. While some fresh business owners opt for loans, some apply for grants. Grants do not necessarily require payback and as such, prove to be a useful measure that supports starting businesses. In Nigeria, a secure and easy way to get funds … [Read more...] about 5 Sources of business grants in Nigeria for startups
How To Raise Capital For A Startup
As a startup, you need financing to raise capital for your business. In recent times, it has become easier to raise funds in the marketplace. There are various ways to gather funds for your company as a startup. The following are ways you can adopt to raise capital or expand your startup … [Read more...] about How To Raise Capital For A Startup
How to Make Money on YouTube: Top 5 Strategies for Success
“Hi guys, welcome to my YouTube channel!’ These seven words have become increasingly common over the last three to four years. Why? Because not only is YouTube the second most popular social media network after Facebook, it has come to be a lucrative source of income for content … [Read more...] about How to Make Money on YouTube: Top 5 Strategies for Success
What is Venture Capital?
INTRODUCTION Sometimes, you might have an excellent idea for your business but lack the funds to execute it; this is when venture capital comes into play. Venture capital is a type of financing that investors provide to small businesses or startups. These investors are usually well off … [Read more...] about What is Venture Capital?