Finance management and sources for small business
What is Private Equity? Private equity is usually long-term finance provided in return for an equity stake in potentially high-growth unquoted companies. Most people don’t understand the benefits of private equity to their businesses. Many know private equity firms as organizations that want to purchase your business only to divide it into pieces before selling […]
Exploring the Benefits of Private Equity Read More »
Since the COVID-19 pandemic was declared by the WHO on March 12th 2020, businesses and individuals have faced numerous challenges ranging from meeting customers demand, inadequate supplies, registering doubtful debts and many more. Although we have seen improvement in the number of new cases in most countries, experts also express concern about a possible second wave
How Gambian Businesses Should Prepare for the Second Wave of COVID-19 Read More »
As a result of their survey finding, Startup Incubator Gambia is conducting a series of webinars to provide support entrepreneurs with insights to navigate through the current crisis. Business in Gambia team supported the initiative with a webinar session on Financial Management strategies for businesses during crises. You can view the complete presentation below in
Financial Management for Small Businesses during Crisis Read More »
Debts are part and parcel of business operations because there are always going to be some customers with overdue invoices. At the same time, you may have lent money to some employees, who could show incapacity to repay the debts at a certain point in time. Whatever may be accounting to your business debt, it
6 Tips To Hire A Debt Collection Agency You Can Trust Read More »
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 profits—it’s also about your business expenditure and your ability to collect money owing to you. It is possible to have
Cash Flow an Issue? 5 Top Tips to Keep the Cash Flowing Read More »
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 of “outstretched hand.” In fact, fundraising is an art connected not only with attracting financial support “from outside” for the
Successful Fundraising Campaign: What To Do And What To Avoid? Read More »
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 and philanthropist, Tony O. Elumelu, CON. Their goal is to create 10,000 businesses that can generate 1,000,000 new jobs and
Tony Elumelu Foundation Entrepreneurship Program (TEEP) Read More »
Setting up a successful business is not an easy feat. It requires tiresome efforts and brilliant minds, particularly in financial management. The difficulties do not end there. Running a successful business means that you now have even more responsibilities on your shoulders. Your employees are dependent on you, and any decision that you take will
6 Financial Management Tips for Small Business Owners Read More »
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 for few months. Cash flow projection is an estimate of the cash flows into the business through revenue and borrowings
How to Prepare Cash Flow Projection for Small Business Read More »
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 they’re off to sail a journey towards the fulfillment of their hopes and dreams. Yes, the money helps but there
5 Benefits of External Investors – In addition to Money Read More »
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