There comes a time when a business needs to upscale by becoming a bigger and better version of itself. The business ecosystem is a highly competitive and demanding one globally. This in fact allows entrepreneurs two options; “Thrive” or “Die”. Mostly the only way to keep a business running is to expand operation. Evidently, the …
Micro, Small or Medium enterprise? Do you know what MSME category does your business fall under? This article aims to give an understanding to how businesses are categorized. In Nigeria, micro, small and medium businesses are the most common business types. The Cable Newspaper stated that ‘In Nigeria, there are officially 41.5 million MSMEs, comprising …
Running a business is a monumental task. Most startups fail within the first 5 years of operations. The common cause of failure in businesses is the entrepreneur’s lack of financial discipline. It is impossible to succeed in running a business without financial discipline. In this article, we will explore different financial habits that can cripple …
There comes a time in the life of a business where external funding becomes necessary to either keep the business afloat or maximize its full potential through expansion. Whichever it is, an influx of capital is needed. This capital can be obtained by either Equity or Debt. In this article, we will be talking about …
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Have you ever had that million-dollar idea you felt pretty good with, but could not pursue due to finance issues? How to set up a business and turn it into a unicorn company is one of several questions ravaging the minds of young entrepreneurs in Nigeria. Although the odds of startups being successful in Nigeria …
One of the major challenges faced by aspiring business owners is finding the most effective source of finance for funding their businesses. Growing businesses also face challenges funding their expansion. In this article, we will be looking at the various ways of funding your business; whether you are just starting a business or seeking to …
Broadstreet Financial Review 