NYIF 2024 Application: How to Write a Winning NYIF Business Plan
What is the Nigeria Youth Investment Fund (NYIF)? The Nigeria Youth Investment Fund (NYIF) is a groundbreaking initiative by the Federal Government of Nigeria, aimed at addressing the challenges of youth unemployment and underemployment across the nation. Established in 2020 by the Federal Ministry of Youth and Sports Development, the fund is designed to provide […]
Read MoreUK Scale Up Visa Company List
What is the UK Scale Up Visa? The UK Scale Up visa is a visa that provides an opportunity for foreign workers to move over to the UK to work for a fast-growing UK company for a minimum of 6 months. The Scale Up Visa was launched on the 22nd August 2022 with the objective […]
Read MoreHow To Find Angel Investors In Nigeria: Ultimate Guide
Nigerian entrepreneurs are constantly looking for angel investors and VCs to back their ideas. In fact, Nigerian startups raised a total of $1.37 billion in 2021 alone – which sizes up to about 35% of the total startup funding raised on the continent last year. If you’re planning to take on some funding to run […]
Read More5 TIPS FOR MANAGING EXPENSES AS A SMALL BUSINESS OWNER IN NIGERIA
The number of small businesses keeps growing the Nigerian economy. According to the Nigeria Bureau of Statistics (NBC), there are a total of 41.4 million SMEs in Nigeria. Nigerian small businesses account for 50% of industrial jobs, 84% of employment and 90% of the manufacturing sector. Considering the statistics, it’s evident that small businesses in […]
Read MoreThe Ultimate Guide To HR Outsourcing In Nigeria
Several small to medium-size businesses lack the time and expertise required to deal with some or all of your human resource activities, as this brings distraction from their core duties. As a result of this, outsourcing of staff has become the order of the day in numerous sectors of Nigeria’s economy. HR outsourcing relieve your […]
Read More5 Cashflow Mistakes To Avoid Making In Your Business
Cash flow refers to the net balance of cash moving into and out of a business at a specific point in time. Cash flow can be positive or negative. It’s the net cash generated to finance the company and may include debt, equity, and dividend payments. A financially healthy small business has money flowing in […]
Read MoreThese Are The Top 7 VC Firms In Nigeria For Raising Funding In 2022
Introduction Starting a business can be exciting, fun, and exhilarating. However, it takes a lot of work to transform an idea into a sustainable business. Most startups fail because they lack access to the tools to reach their full potential. It could be funding, expertise, access to opportunities, mentors, etc. This is why successful startups […]
Read MoreWriting A Business Plan: 20 Insider’s Tips For 2022
Writing a business plan is one of the first steps towards starting a business. These plans are essential even if you intend to start a micro or small business. Although the emphasis on writing a business is usually at the start of a business, it is however not meant to be a static, one-time endeavor. […]
Read More40 Best Business Ideas In Nigeria For 2022
The best business ideas in Nigeria for 2022 are not out in the distance. They are closer than you think. In fact, chances are that if you’ve been thinking of starting a business this year, then you might have considered at least one of them. That’s why we compiled this list of 40 business ideas […]
Read MoreStartup Funding Explained: Everything You Need To Know
Startup funding is a crucial topic that you need to understand if you’re a startup founder. Let’s face it, if you’re thinking of launching a startup, then you’ll very likely will raising capital sooner or later. Raising capital, however, could be a totally intensive and time-consuming exercise. Delivering a compelling pitch isn’t easy. It needs, […]
Read More