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 […]
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6 Questions You Have About Paid Time Off (But Were Too Afraid to Ask) You want your employees to love working for you. But, no matter how much they enjoy their jobs, you know that they’re still going to desire (and deserve) some time off. That’s where paid time off […]
HOW TO CONDUCT BUSINESS-TO-BUSINESS MARKETING Business-to-business marketing (often referred to as B2B) is the development and marketing of services and products to business, governmental, and institutional markets at the local, national or international level, rather than private retail consumers. The vehicles of business-to-business marketing are fundamentally the same as those […]
HOW TO PREPARE COMPETITIVE BIDS Competitive bids are offers extended by businesses in which they detail proposed compensation that they will receive in exchange for executing a specific task or tasks. These tasks can range from providing a service for a set period of time to manufacturing and transporting a […]
HOW TO LAY THE GROUNDWORK FOR A NEW BUSINESS People launch their own business for all sorts of reasons. Some are wary of the corporate settings in which they have previously laboured, and hunger for an opportunity to exercise greater control over their lives. Some want to make greater use […]
HOME-BASED BUSINESSES: HOW TO BALANCE WORK AND FAMILY  Owners of home-based businesses face unique challenges in the realm of achieving a desired work/family balance. Whereas small business owners who commute to their place of business everyday are usually freed from child-bearing responsibilities for the duration of their time there, entrepreneurs […]
THINGS TO CONSIDER WHEN DECIDING TO BUY AN EXISTING BUSINESS The decision to buy a business is an extremely important one, for such an acquisition almost inevitably brings significant changes in the buyer’s financial situation and personal life. Such purchases, then, should not be made before first thoroughly investigating all […]
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 […]
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 […]