Delves into the day-to-day running of a business, covering areas like project management, supply chain optimization, human resource management, and organizational structure.
What business insurance actually covers — and why founders should care Core policy types explained Business owners usually encounter five core policy types: property (building and contents), public liability, professional indemnity, employer’s liability, and business interruption. Each covers a specific risk. Property protects physical assets. Public liability covers third-party injury or damage. Professional indemnity covers…
In the bustling economic landscape of Nigeria, where tangible assets like land and machinery often take center stage, many entrepreneurs overlook a crucial, yet often invisible, category of business value: intangibles. These are the non-physical assets that, when managed effectively, can significantly propel a business forward. Think of your brand reputation, customer loyalty, proprietary software,…
We dey talk about business growth, expansion, and all those big big things. But sometin wey dey happen behind the scene, wey many people no dey see, na im dey carry the business go far or drag am comot. Na inventory management wey we dey talk about. Dis Inventory Management Wey You Dey Hear So,…
As a business owner for Naija, you sabi say things dey happen. Sometimes e dey like say anything fit burst your market. Maybe light go comot for days, fuel scarcity come dey vex everybody, or even government policy change quick quick. All these wahala fit make your business take brake. Why Your Business Need To…
When we talk about running a business, especially one that involves moving goods, from getting raw materials to finally delivering to customers, there are costs we see and then there are costs we don’t. These hidden costs in business logistics can really eat into your profits if you’re not careful. They are like small leaks…
Wahala dey for business world, abi? Sometimes you dey hear people talk about “runs,” “wayo,” or “tokunbo” and you just dey scratch your head like, wetin all dis one mean? Understand Wetin Dem Mean Nigeria get im own special way of talking when it come to business. E no be say na bad thing, na…
The Moral Tightrope: Why Ethics Matter More Than Ever for Entrepreneurs In the fast-paced world of business, it’s easy for entrepreneurs to get caught up in the whirlwind of innovation, growth, and profit. However, there’s a crucial element that often gets overlooked, yet underpins long-term success and sustainability: ethics. This isn’t just about following the…
In today’s business landscape, efficiency is king. For entrepreneurs, especially those just starting out or looking to optimize their operations, having the right tools can make all the difference. We’re not just talking about fancy office furniture; we’re talking about the software that runs your business smoothly, from managing your finances to keeping your customers…
Starting and growing a business is often likened to walking a tightrope. On one side, there’s the exhilarating pull of innovation – the drive to create something new, disrupt markets, and bring fresh ideas to life. On the other, there’s the critical need for operational resilience – the ability to withstand shocks, maintain consistent performance,…
Starting a business is exciting. You’ve got the idea, the passion, and maybe even a solid business plan. But what about the expenses that sneak up on you? The ones that aren’t always obvious when you’re sketching out your budget? Many small businesses, especially here in Nigeria, find themselves blindsided by these “hidden” costs, which…