Female entrepreneurs are an integral part of the Nigerian economy. They have played a vital role in developing many sectors…
In fact, many small businesses fail because they aren’t able to cut costs in an efficient manner and instead spend money on things like marketing or hiring employees who aren’t as effective at doing their jobs as they could be.
Setting smart business goals is the key to success. Without a clear understanding of what you want to achieve and how, it’s easy to get distracted by other things or lose motivation along the way. That’s why we’ve put together these six actionable steps.
When it comes to business insurance, there are some important things you need to know – and avoid. That’s why we’ve put together this list of business insurance mistakes that will ensure your business is protected in case of an accident or other unforeseen event.
Adopting the zero-based budget will help small business leaders, like you, decide on what expenses can be put off totally or pending the time they have things under control or they are able to make more revenue.
Now that you know about some of the most important business management tips, it’s time to get started. You can use them to help your small business grow and succeed, or you may find that they are not as useful as you had hoped.
Brand management is not just about marketing, it’s also about creating a consistent message and experience for customers. This is why brand management is so important.
It allows you to create an emotional connection with your customers that will help them understand what you stand for and how they can benefit from being part of your business.
It is one thing to have a budget but another thing is to stick to the budget. Business budget management starts with having a clear picture of what a financial plan (budget) is, clearly mapping out a budget helps the business have a sense of direction as regards managing the budget.