How to set goals for your small business in 2016

You Need To Set Goals For Your Small  Business. Happy New Year to you all! The year 2015 has gone forever but the impact will still be felt in your small business this year. It does not matter how the year 2015 was to you or your small business. We have another opportunity to do whatever we were unable to do last year. Yes, it is another year; a year of opportunities and challenges.  I hope you are not surprised to hear that the year 2016 has come with its own challenges. As an entrepreneur, the word ‘challenge’ should turn you Continue ReadingHow to set goals for your small business in 2016

How to Get Loan From Bank of Industry for Small Business

Procedure for securing loan from the Bank of Industry As a small business owner, I understand that you may be facing some challenges in raising funds for the expansion of your small business. Growing a small business organically can be very challenging. But the good news is that the Bank of Industry is out to assist small businesses with funds that they might need to grow their businesses. Unfortunately, small businesses still find it difficult to access the funds. It is not that the Bank of Industry is not willing to release the funds. The problem is that most small Continue ReadingHow to Get Loan From Bank of Industry for Small Business

Crazy Idea That Made One Student A Millionaire

The idea that will make you a millionaire may look crazy to others. I mentioned in my previous article all giant companies started with idea. If you are aware of this, you will not allow any idea that comes to your mind to pass unprocessed. Because you don’t know the idea that will turn out to be a gold mine, you need to guard every idea that comes to your mind jealously. I want to share with you this idea that made a million dollar for a student. Possibly you have heard about The Million Dollar Homepage. This was the idea Continue ReadingCrazy Idea That Made One Student A Millionaire

How To Become a Millionaire

Everybody can become a millionaire but you need to learn how to become one. You cannot become a millionaire by wishful thinking. If wishes were horse, beggars would ride. If you will ever become one, you need to do what millionaires do. It is more of principles. When you apply it correctly, you easily become one. The great Book in history makes us to understand that many people want to go to the city but they don’t know the way to it. In the same manner, many people want to become a millionaire but they don’t know how to make Continue ReadingHow To Become a Millionaire

Financial Management in Small Business

Financial Management skill is one of the skills every entrepreneur must learn how to develop. Raising capital is one thing; ability to manage it is a different issue. Financial management requires discipline and skills. No matter the size of any business, lack of financial management skill will lead to the failure of such business. Some are still yet to recover from the aftermath of the collapse of some banks in Nigeria. One might be wondering why banks with a network of several branches, great buildings and large customer base could collapse. The fall of some of these banks was traceable to poor financial Continue ReadingFinancial Management in Small Business