The Rising Costs, Reduced Revenue and the Way Forward for SMEs
Rising costs and reduced revenue can be significant challenges for Small and Medium-sized Enterprises (SMEs). These challenges can arise due to various reasons such as economic downturns, increased competition, changes in consumer preferences, rising input costs, and other external factors. SMEs often have limited resources and financial flexibility compared to larger businesses, making it harder […]
ShEquity Business Accelerator (SHEBA) Cohort 4
Established in March 2021 by ShEquity in collaboration with its implementation partner, MBC Africa, ShEquity Business Accelerator (SHEBA) addresses the existing gender funding gap by de-risking African female-led businesses, getting them to become investment ready, and equipping the founders with the skill set needed to grow and scale their businesses. The SHEBA program has executed three (3) cohorts […]
Google for Startups Black Founders Fund in Africa
The Google for Startups Founders Funds provide cash awards — without giving up equity in return — and hands-on support to help Black and Latino entrepreneurs build and grow their businesses. Established in 2020, the Google for Startups Founders Funds have provided more than $30 million to support Black-led startups in Africa, Brazil, Europe, and […]
Understanding your Customers Expectations
It’s often difficult for entrepreneurs to succeed without understanding customers expectations. Changes in customers’ expectations have made many entrepreneurs feel as if they are ill-prepared. My experience as an entrepreneur who has interacted with many entrepreneurs for over seven (7) years clearly shows they all do what is within their means. However, a customer expectation […]
Outsourcing for Small Businesses
What is Outsourcing in Business? Since 1989, labour has been outsourced to reduce costs, regardless of the efficiency of the business. Outsourcing is transferring responsibilities that should be handled by an in-house workforce to specialised third parties, while core business operations are focused on. Outsourcing tasks in business is capital-intensive and less labour-intensive. A business may decide to take […]
The Roddenberry Catalyst Fund
Big, Bold Ideas for a Better Future! The Roddenberry Catalyst Fund makes grants between $2,500–$15,000 to anyone, anywhere in the world who has an early-stage idea or project that addresses pressing global challenges. Focus of the Roddenberry Catalyst Fund Early Stage Projects: The Catalyst Fund is geared towards small and/or early-stage ideas and projects that […]
Understanding the 3 R’s of a Marketing Plan
A new year is here! Is it too late to be super excited? I delayed this writing just to ensure that I have your full attention and to be honest, I recently resumed work and I am still a little sad about it. Anyway, back to this important piece. I am here to explain the […]
3 Grant Opportunities for Nigerian Photographers
Are you a photographer looking for grant opportunities to support your art? Then, you should explore these three (3) grant opportunities for Nigerian photographers in 2023: 1. 9th Jalon Ángel International Photography Awards– Be a winner of 1,000 euros, an emblematic trophy and diploma by participating in the 9th Jalón Ángel Photography Awards. The Jalón […]
Invest your Profits in these 5 Money Yielding Opportunities
So, the past year ended financially happily for your firm. Your profit after tax was a significant sum and you’re wondering what to do with it. Even if this scenario isn’t your reality, perhaps, the profit isn’t significant, or there’s no profit at all, imagine a time when you’ll have overflowing profit. Wouldn’t you like […]
3 Strategies for Boosting Sales
What are your strategies for boosting sales this year? You’ve written your new year resolutions and one of them is to make more sales, but how? While doubling or tripling your sales isn’t impossible, you must use the right sales strategies, with which anyone, including you, would record a significant boost in sales. That’s why this […]