Finance management and sources for small business
Cash flow problems – more money going out of the business than is coming in— are among the most significant reasons that Nigerian companies go out of business. Cash flow isn’t simply about sales or [……]
People who lack knowledge about fundraising often compare it with begging. Some people believe that start-ups and non-profit organizations are asking companies, state bodies, and private individuals to support their activities using the well-known technique [……]
Another 1,000 aspiring African Entrepreneurs are set to benefit from the Tony Elumelu Foundation Entrepreneurship Programme – TEEP in 2017. TEEP is the flagship entrepreneurship programme of the Tony Elumelu Foundation, founded by visionary entrepreneur [……]
Setting up a successful business is not an easy feat. It requires tiresome efforts and brilliant minds, particularly on financial management. The difficulties do not end there. In fact, running a successful business means that [……]
Have you ever applied for a small business loan or overdraft? If your answer is yes, then it is highly likely that your bank had asked you to provide a cash flow projection or forecast [……]
Entrepreneurs from all over the globe are doing their best to show external investors that their start-ups are worth sinking money into. Once they have impressed all the important people, they get the money, and [……]
Small business loan application is one of the common requests with high rejection rate in the commercial banking system.Who should be blamed for these loan rejections? Entrepreneurs, bankers or government regulators? I mostly blame the [……]
One of the major reason of having a startup business plan is to answer the fundamental, and critical question of how much does it cost to start a business. Simple estimate of startup costs can [……]
3 Gambian entrepreneurs are among the 2nd set of 1,000 entrepreneurs for the 2016 cycle in the Tony Elumelu Entrepreneurship Programme (TEEP) initiated by the Tony Elumelu Foundation (TEF). Launched in 2015, TEEP is the largest African philanthropic [……]
Maintaining good cash flows is crucial for any small businesses. Optimized cash flows indicated the strategies a business can use to better improve the amount of capital flowing in and out of the business.It represents [……]
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