Federal Government of Nigeria and the Cooperate Affair Commission (CAC) has award contract of Free Business Name registration to some Aggregators and Focal Persons to register 250,000 businesses for free across the 36 states and F.C.T Abuja. The businesses will be registered under the CAC Business Name registration package which […]
Business
HOW BRAINSTORMING CAN PROVIDE SOLUTIONS TO BUSINESS PROBLEMS Brainstorming is a group problem-solving technique that is intended to help members develop innovative new approaches in an unthreatening environment. Brainstorming in its most basic form involves stimulating all the members of a group to express a variety of ideas, which are […]
HOW AUTOMOBILE LEASES WORK Leasing an automobile is an alternative to purchasing that usually enables consumers to pay lower up-front costs and make affordable monthly payments. At the end of the lease period, however, the consumer does not own the vehicle. Instead, consumers opting for automobile leasing arrangements pay for […]
HOW ACTIVITY-BASED COSTING WORKS Activity-based costing (ABC) is an accounting method that allows businesses to gather data about their operating costs. Costs are assigned to specific activities – such as planning, engineering, or manufacturing – and then the activities are associated with different products or services. In this way, the […]
THE TURNAROUND PLAN FOR A TROUBLED COMPANY The Gestation Period of Crisis A crisis rarely develops overnight. The time between the initial cause of trouble and the point of intervention can run from 18 months to five years. What happens to a company during the gestation period has implications for […]
WHY BUSINESSES GET INTO TROUBLED WATERS The Cause Trouble can be caused by external forces, and not under the control of management. Among the most frequently mentioned are recession, interest rate changes, changes in government policy, inflation, the entry of new competition, and industry product obsolescence. However, those who manage […]
INTEGRATIVE BUSINESS GROWTH STRATEGIES – HOW TO GROW WITHIN THE INDUSTRY There are many opportunities for entrepreneurs to pursue integrative growth strategies – to grow their venture through acquisition. The acquisition is in many respects less about the financial ability of the entrepreneur to purchase another company and more about […]
INTENSIVE BUSINESS GROWTH STRATEGIES – HOW TO GROW WITHIN THE CURRENT MARKET (PART 2) Product Development One of the ways to exploit the current product market is to develop new products and services for existing customers or offer new versions of existing products. That is the tactic employed by software […]
First-time Homebuyer’s Guide: Applying for your first mortgage By Better.com This article was originally published on Better.com You’ve dreamed, you’ve planned, you’ve budgeted, and you’ve finally found that place you want to call home. Now, you just need to pay for it. Getting a mortgage isn’t always easy but, the […]
KEY STEPS TO OBTAINING A BANK LOAN Before The Loan Decision Choosing a bank and, more specifically, a banker is one of the more important decisions a new or young business will make. A good lender relationship can sometimes mean the difference between the life and death of business during […]
