If you are wondering whether you should get commercial insurance for your property or not then you have landed in the right place. In this article we are going to tell you about the five reasons as to why you need to get the commercial building insurance. You must understand that your commercial property is …
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Welders interested in opening their own shops need to know a lot more than how to weld a tight bead. Operating a welding business requires not just performing high-quality welds but also sound business planning. Read on to find out about five things future business owners should keep in mind if they’re planning to start …
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There is a lot of room for those looking to start their own business with little to nothing. In the article below, the author discusses the top 8 low-budget ideas that any business owner can use in 2022-perfect for anyone who doesn’t have much money to spend. 8 Free Low Budget Ideas for Business Owners …
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For many small business owners, trying to keep up with the demands of running a business is an overwhelming task. Technology has been making life easier for entrepreneurs for quite some time, but there are still ways technology can be used to make your business operations less stressful. Check out this article to see if …
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IFC recently reported that there are 37 million SMEs in Nigeria, all of which can benefit from money management. SME finance tips can work wonders, whether a business is micro, small, or medium-sized, so discovering a few trusted cash management tips may be the key to staying in business and growing a company. When entrepreneurs …
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The Pros and Cons of Ball Screws Ball screws are mechanical devices that convert rotational motion into linear motion. Because of their long threaded shaft, ball screws can handle a great amount of stress, while also helping to minimize friction. With this guide, readers will learn about the pros and cons of ball screws, so …
Between 2015 and 2021, Nigerian businesses paid foreign shipping lines an estimated N28.8 trillion (US$60 billion) in freight. The sharp increase in shipping charges last year contributed to this figure, and it massively impacted many small businesses’ profitability. In an environment with strong competition and economic uncertainty, this is a major knock. It’s also highlighted how reducing supply …
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Yesterday, I was opportune to attend the 2022 TEF Mentors’ Onboarding Session, and it was really insightful and refreshing. This session was an opportunity for me to learn more about what will be expected of me as a TEF mentor, what I should expect, and how to navigate the mentoring platform. It was also an …
Tony Elumelu Entrepreneurship Programme TEF2021 Mentorship Programme Read More »
The blockchain is an open, distributed ledger. It allows the tracking of digital currency transactions without the need for central recordkeeping or external validation. The blockchain is primarily used in cryptos like bitcoin and Ethereum. However, it also has the potential to be used in other industries as well such as IoT. Since it can …
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Managed services are becoming more popular among small- to large-sized businesses. Before we explain the benefits of managed IT services, let’s look at a few statistics that show why they’re important. · Downtime can cost a business over $5000 per minute · More than a third of companies’ IT budgets have increased since the pandemic …
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