Reasons for Business Partnership Failure

Why a business partnership may fail. There is more to business partnership than two people coming to form and run a business. People enter into business partnership for different reasons. But whatever the reason may be, the common denomination in every business partnership is the desire of the partners to enjoy synergy which the relationship may bring. The synergy advantage of business partnership is enough motivation to bring in partner(s) into a business. But unfortunately, there have been cases whereby business partnerships have been the undoing of some businesses. Business partnership can be likened to a marriage. Everybody goes into Continue ReadingReasons for Business Partnership Failure

How to Start a Blog and Make Money

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Free tutorial on how to start a blog? Do you want to learn how to start a blog? This article will not only teach you how to start a blog, you will learn how to register domain name free and how you can make money from your blog. If someone told me that I can start a blog by myself, I would not have believed. I thought that before anyone can start a blog that he must have studied computer programming or any other computer related course. Ignorance is a disease. A man once said that there is no any mountain Continue ReadingHow to Start a Blog and Make Money

Pros and Cons of Street Hawking

Street hawking is now illegal in Lagos. Street hawking is no longer a new thing in major cities across Nigeria. If you have ever been to Lagos, you must have noticed a number of young men and women selling wares by the road sides, major bus stops and places that are usually characterized with heavy traffic. It is not disputable that street hawking provides a means of livelihood for large number of youngsters who are unemployed. However, the legality of this street hawking has been a point of argument for quite some times now. I believe that every country and Continue ReadingPros and Cons of Street Hawking

Facts to Know About Entrepreneurship

Entrepreneurship definition in perspectives. The term entrepreneurship seems to be misunderstood by many people. Some people think that entrepreneurship is limited to inventing new things or starting a business with huge amount of capital. Here in Nigeria, if you mention entrepreneurship, certain famous entrepreneurs like Alhaji Dangote, Femi Otedola, Jim Ovia, Stella Okoli and Oba Otudeko quickly come into your mind. Also in india, famous entrepreneurs like Sridhar Vembu of Zoho Corporation, Azim Premji of Wipro, Bhargav Sri Prakash of FriendsLearn, Dhirubhai Ambani of Reliance Industries and Lakshmi Mittal of ArcelorMitta can be described as faces of entrepreneurship. People can easily Continue ReadingFacts to Know About Entrepreneurship

Cost Advantage of Sole Proprietorship

Advantages of Sole Proprietorship over Limited Liability Companies. When it comes to the issue of legal structure of a business, sole proprietorship seems to be the most popular. This may be due to its simplicity in formation. Just of recent, I had somebody discussing with me about his intention to start his own new business. He had a business idea and he is convinced that the idea is feasible. Truly, when I looked into his projections coupled with the results of the market research he carried out about this business idea, I was also convinced that the business idea would Continue ReadingCost Advantage of Sole Proprietorship