A country such as Nigeria is ranked among the poor countries according to the Human Poverty Index though we have a large oil production base. Since the wealth is not trickling down to the common man, we have to put measures in place to ensure that other sources of wealth […]
Leadership
What is the Minimum Working Capital Requirements For Your Small Business
Have you ever asked yourself this question and come up with an honest answer? Most small business owners don’t do a thorough cost analysis after that first one which is required when they write a business plan. The bank will look for you to give them a detailed projection of […]
Start in Business – How to Make the Transition From Employee to Entrepreneur
Most of us were raised with the belief that life is happening to us. Since our early ages, we were told that we need to prepare ourselves for what life will bring us in the future. Following our cultural background and our parents’ and teachers’ advice, we learned that our […]
Making Your Working Capital Work
The more rapidly that your business expands, the greater the need for working capital becomes. If you have insufficient working capital – the money necessary to keep your business functioning – your enterprise is doomed to fail. Many businesses, that are profitable on-paper, are forced to “close their doors” due […]