You can significantly increase your chances of recovering your loan respectfully and clearly. Remember, open communication and flexibility can go a long way in maintaining a positive relationship, even when money is involved.
Friendship can be a powerful asset in a business partnership, but it’s important to approach it with realistic expectations and open communication. By carefully considering the advantages and disadvantages, thoroughly discussing key aspects with your friend, and establishing a formal partnership agreement, you can increase your chances of building a successful and sustainable business together.
As we close the first quarter of 2024, we wanted to take a moment to reflect on the exciting things happening here at Lenco, and of course, equip you with some helpful tips to navigate the upcoming holidays.
Investing doesn’t have to be a complex or intimidating process. By taking the first step and learning as you go, you can empower your money to work for you, building a brighter financial future and achieving your long-term goals.
Ready to save smarter? Discover 5 essential savings goals every Nigerian should have. Learn how these goals can help you reach your financial dreams, from building an emergency fund to owning a home
Taking care of family brings immense joy, but the financial responsibility of black tax can sometimes feel overwhelming, potentially impacting your own goals and well-being. Find out how to navigate this intricate situation with these practical tips.
Happy new month and welcome to May! In April, Tunde Onakoya caught the attention of Nigeria (and probably the world)…
Wondering how to pay yourself as a business owner? Learn about salary structures, owner’s draws, and dividends, all tailored to your business type (sole proprietorship, LLC, corporation). Discover strategies to find the perfect balance between fueling your business growth and taking care of your own financial needs.
Unsure what human capital means? This article dives deep into the concept, explaining how your skills, education, and experience all contribute to your economic value. Learn how human capital impacts your earning potential and how businesses invest in theirs for success.
Is mixing business and personal finances a bad idea? Absolutely! Discover why separating business and personal finances is crucial for small business success. Learn practical tips and tools to streamline your financial management and protect your assets. This guide explains the problems it creates and offers solutions for more organized finances.
Confused by Nigeria’s new electricity tariff bands (A-E)? Find your band, understand how it affects your bill, & pay easily with Lenco!
Running a business while juggling student life? You’re not alone. But managing finances on top of everything else can feel overwhelming. This is where the Lenco Starter Account comes in, designed specifically for student entrepreneurs like you.
This account tackles the common money challenges student business owners face. With the Lenco Starter Account, hello to effortless expense management.