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The Federal Government of Nigeria has said that the success recorded in the fight to reduce the spread of COVID-19, will determine when the lock down would be relaxed. President Muhammadu Buhari had on Monday, extended the initial two-week stay-at-home order by another 14 days. The chairman of the Presidential Task Force (PTF) on COVID-19 and Secretary to the Government of the Federation (SGF), Boss Mustapha, speaking during Friday's briefing, urged Nigerians to collaborate with the government in the effort to achieve success in the war. "Ladies and gentlemen, this is a long-term effort and we should exercise patience as we gradually walk out of danger, reopen our society and her economic life. This virus has no vaccine. Success will mean a return to normalcy and we can only claim victory when: "Cases are no longer increasing; we have no unknown sources for cases; deaths are no longer increasing; more admissions are discharged. The only path to these is your ...

The numbers of victims of the Coronavirus increase by the day. Keeping your business from sinking is one of the major priorities during this crisis. A few notes and tips on how to keep your business moving in this crisis are: Follow the prevention steps provided by the Health Management Organizations i.e wash your hands regularly and keep them sanitized, use a tissue for coughs, avoid touching your face, drink water regularly, eat healthy and generally maintain a high level of hygiene. Digitize your business and move it majorly online. Don't stop marketing. Keep showing the world and your potential customers what you have to offer to them and don't relent. Keep in touch with your staff and keep them motivated to work. Give your customers attention, they are your priority and showing them you are available to them in this crisis will tell them how dedicated you are to them and to your business. Most importantly, stay safe as you will be in contact with lots of p...

Not all businesses are for everybody but there are some businesses that may not give you an instant large gain amount. Recharge card business is one of those businesses. A recharge card is a telephone card that users can use to add money to their calling account. Recharge cards are and will always be needed by people to get in touch with people, send texts and subscribe to the internet. Much like any other business you need a capital. You also need to know what category of the business you would want to venture into. Now, there are basically three categories in the business namely: Recharge card retail Recharge card wholesale  Recharge card dealing Recharge Card Retail is done by recharge card retailers who purchase recharge cards from wholesalers at a cheaper amount and sell directly to end users. On an average retailers can earn about N5 from every N100 recharge card. Recharge Card Wholesale is done by recharge card wholesalers who buy in bulk and sell to retaile...

At an estimated 8.5 billion USD as at 2020, Aliko Dangote remains the richest person in Africa for the 9th consecutive year. Achieving this takes a certain mindset and lifestyle. Here are the Five Important Lessons to learn from African’s Richest Man, Aliko Dangote. 1.        Move Smart In an interview with Dangote, he said, "I always make sure I hire people smarter than me." Surround yourself with people who are knowledge seekers, even more than you. A chain is only as strong as its weakest link. Ensure your circle is full of people who motivate you to be the best you can. This shows how far Dangote is willing to go in learning even from his employees as one never stops learning. This shows how well he works SMART. 2.        Know Your Talent Speaking with Vanguard, Dangote shared, "I can remember when I was in primary school, I would go and buy cartons of sweets [sugar boxes] and I would start selling them just t...

Its no news that as a hardworking business man or woman, a time will come when you'll need to travel on business. These simple tips are to help you stay on top of your game while out of your comfort zone and remain on top when you get back from your trip. Ways To Stay Healthy On A Business Trip: Maintain Your Exercise Routine: If you have a daily exercise routine do not fail to continue your workout plan so as to keep your mind and body sharp and in top shape. A few downsides to stopping your exercise routine are the fact that the change may affect your blood pressure and blood sugar detrimentally, may add to your body weight and joint aches may occur too. (Its good to take a walk every now and then so try doing that too). Eat Healthy: Instead of eating out all the time, moderate your eating and add some fruits to your diet. If you have a specific food diet try not stray from it and if you have no choice, try and eat from food classes around your diet choices. Eating healt...

Every business is aiming to grow into a bigger and better business which is really great. Growing big should be a goal but it is important to know just how good your business is while still small. While a big business is awesome, here are a few topsides or benefits that show that a small business is awesome too: A small business will most likely focus on a particular skill set or product making it a go-to for customers who need that particular skill set or product. This focus will enable employees to know exactly what the business is all about and improve competence.  As a small business it will be easier to have a unique set of products and (or) services which will build up credibility over time. The credibility of the business builds up the confidence of the boss and the employees. Confidence in business shows that the business owner know exactly how good their product or service is and is one of the best ways for a customer to trust a business. Since you focus on a par...

Being a student and looking for ways to add a little extra cash to your pocket or bank account can be two really tasking journeys. The quest to get more money to your name may end up having you fall into some serious scams on the internet. Besides scams the stress of going into business may also make you fall behind on school work. These ideas are to help students manage their time better and be more productive in the process: To better manage your time as a student you could try a weekend business as opposed to a daily business. Another idea is to run a delivery service for people who need things delivered within your school's environment for an affordable fee. A pocket friendly way to make a little extra cash would be to prepare home made snacks and drinks to be sold. They can be sold for a good enough price to stores who run day to day sales. It is important to note that while on the quest for money you do not forget your school work. As important as money is, it is...

Catering is a popularly known business in Nigeria and other countries around the world. It is sometimes difficult to keep this business afloat considering its a contract business and you can not predict exactly when next your next catering gig will pop up.  A few ways that you can use to get the best out of your catering business are stated below:           Buy in bulk: You may not be able to buy everything in bulk because you will need perishables, but things like rice, spices, canned foodstuff and other non-perishables would be more profitting when bought in bulk. Don’t be too modest, charge for what you need: Things like transporting to the market to get other things you need should be handled by your employer. They should be included in your budget, not to defraud them but to make sure you don’t spend more than you’re earning.   Market your craft: Hold tasting events to show the world what you have to offer. People will only ref...

Without customers there would be no business. Your customers are the heart of your business and keeping them happy should be one of your biggest priorities in the business. The best way to keep them happy is by knowing what to stop and what to do more of which you can find out easily from their feedback. You can try these means to get feed back: Your business social media platforms: Your business Facebook page, Twitter, Instagram or LinkedIn  are good places to get feedback. You can simply send a broadcast message asking your customers what they think about your services. Adding a feedback sheet to your business website: Adding a feedback sheet on your business website will make it easy for your site visitors to give you feedback without stress. E-mails: Your business e-mail is also a really great way to get customer feedback, all you have to do is place it in a visible corner of your page or site. Polls and surveys: Polls help you to know most customers are more concern...

Before making up your mind to invest in anything you should try to find out what type of investment will best suit your standards and whats best for you to go into as an investor. Growth Investment Growth investment  is a stock-buying strategy that  focuses on a companies capital appreciation. It is suitable  for long term investors who can withstand the ups and downs of the market. Defensive Investment Defensive investment places more importance on generating income as opposed to growth. They are seen as lower risk investment. Cash Investment Cash investment has a lower return level. They offer no capital growth but deliver a regular income. They include normal bank accounts, high interest savings and term deposits. Shares Shares can grow the value of your initial investment over a medium to long term. Shares are one of the most risky types of investment as their value may fluctuate as frequently as daily. Some shares pay you part of the companie...

There are a lot of investment opportunities nowadays which is a good thing but the bad side is that people use the fact that people trust in these investment scams to make their own gain. Just as much as there are investment opportunities, there are also now a lot of scams posed as investments. Some telltale red flags you should keep an eye out for include: If it looks unbelievable, it  probably is. Investments that promise huge returns in a short time are probably a scam. You need detailed information about any business you want to put your money in so as not to fall victim to a scam. Investment offers from people you just met or barely know are to be avoided. You don't know them and unlike you, the investor they have nothing to loose.  If you feel pressured to invest its probably a bad call. Legit investments should not make you feel like you'll be the only one gaining, because you're not. The business owners always have a cut and if their cut is not well explain...

As a student there are sometimes you go broke sooner than expected and there is no fall back plan. There are businesses you can start up that won't cost much and you can maintain.Well here are a list of business ideas to use as a fall back plan: Typing and editing: This business can easily be done once a laptop or computer is available. Taking tutorial classes: You can collect an affordable fee to teach tutorials and sell your knowledge. Selling a compilation of past questions Selling clothes Making pastries Recharge card business Catering services Hair styling business Barbing business Selling home made drinks Laundering clothes

Being an entrepreneur and a parent can be a really daunting task to say the least and the stress involved is a truck load. It's hard but you could try a few things to make it a little bit easier. All you need to do is strike a balance between being both and the following tips should be of help: Try to work around your kids schedule. This means when they're busy you need to get busy too. When they are in school or asleep would be the best time to give your work undivided attention. This is one of the upsides to working for yourself, you work at your own pace and create your own targets to your advantage. Keep work out of the way during family time. No work calls or other work related stuff during family time in order to give your family your full attention.  Try to outsource some tasks to give your family more time without it affecting your work. Pay someone to handle easily doable tasks, since its easy it will be hard to mess it up and you won't need to pay so...

A business email is an email address that has your business domain name and not the regular @gmail, @yahoo in it. The reasons why you should get a business email include: It is easy to remember It is brandable Customers will trust a business email over a personal looking mail To create your business mail, you will first of all need to have your domain name. A domain name is the address of your website. For instance, if your web address is www.ilikeshoes.com, then ilikeshoes.com is your domain name. While it is not a necessity for you to have a website, it is recommended that you have one. To start a website for your business you need a domain name and a web hosting account. A web host is where your site files are stored. Most web hosting companies provide free business email services to their customers. Web hosting services usually cost from $7.99 per month and a domain name costs about $14.99 per year, which could be a lot for a small business. Bluehost has been recommende...

Your business may look or seem small but it is heading towards success. I know setting up a business is not easy, ideas are simple but doing the work can be all shades of stressful. So after setting up your business, there are some things to do to make your business look professional. When your business looks professional it doesn't just boosts your confidence as a CEO, it makes clients, suppliers and interested parties take you more seriously. You need to consider and work on a few things to get your business to look more serious, a few of which I'll be pointing out. Get Your Business Logo: You need to create a unique and attractive logo for your business. Your logo's uniqueness and attractiveness will make it more memorable for any person that sees it. Create Your Business Card: A business card is one of the many ways to get your business looking professional. It shows that you take your business seriously. More than creating a business card make sure you...

Playing a role in helping the community and welfare of the less privileged can be morally elevating. It happens that there are a lot of upsides to being that 'cheerful giver' we've always been told to be. Your company and business as a whole can benefit from this generous act of giving or donating to charity. First off, giving to charity can go a long way to boost the the confidence of your staff and also help them develop a habit of giving. As they say "givers never lack" so it is a good thing to familiarize your staff with the giving habit. Giving to charity or sponsoring a charitable event brings marketing opportunities to your company's door step. You could give profits from a particular product or service to a charity organization who may just   help you with advertising which will in turn extend the reach of your marketing campaigns by targeting its supporters.  It can also help to increase awareness of your brand when you are in a partnersh...

There are some strategies for online business marketing that will only set you back a couple of bucks. The options for this online marketing include: Creating good and unique content to draw attention to your blog if you have one. Commenting on various blog post. Creating a facebook page for your business. Creating really attractive infographics for your page. Giving discounts. Offering free new products for the sake of introduction. Write informative articles on your blog. Have an email list of interested customers to easily inform them of any new product. Sponsor or have a shared sponsorship on a giveaway. Create an attention drawing business card. Online marketing should be the easiest and least stressful means to market your goods and or services. Try this out, the results may be just what you need.

Let's start with what a trade show is. A trade show, also called a trade fair is an event for the exhibition and show case of the goods and services of a particular organization, company or business brand. The English dictionary explains it as  an exhibition at which businesses in a particular industry promote their products and services.  A trade show will give your business the exposure it needs to blossom. There are really great business-profiting reasons why you should host a trade show for your business: A trade show will help to discover new clients for your business, enabling you to build a relationship with them. It will even hand you a free opportunity to start up on a not so rigid footing with them seeing as you will be given an opportunity to socialize with them. A trade show will provide you the ability to establish your brand to potential clients. You get to show your potential clients just how good you are and also get a few hints on how much better yo...

Growing your business takes a lot of work, thought and process. People tend to start up their businesses without any thought towards it's growth. I believe the success of a business does not just depend on customer patronage, but also business advancement. I would like to point out a few steps you can use in growing your business which i think would be really helpful: Getting customer feedback: Your customers are the best judges of your product and services. Feedback from people who use your product and services is the best way to know how and where to channel your improvements. Finding ways to better your product: Your goods and services may be great but there's always a way to make it better. You should put in effort to make your customers user experience better, giving them a reason to keep coming back to you and referring other people to come to you. Read about your business: The best way to gain knowledge about anything is to read about it. When you read you g...

Business is a means of making money that has been explored by a whole lot of people over the years. Some of the people who venture into business become huge and successful people, while others fail or get tired or can't keep up with the needs of their customers and so they shut down. People fail in their businesses for a whole bunch of reasons, few of which I will be pointing out to you today. Pointing these reasons out is for the sole purpose of recognizing the problem, because without recognizing the problem the solution would be difficult to find. That said, lets get to it: Some reasons why businesses fail include: Bad planning: Starting up a business need is not a problem, but starting up a good business is the real challenge. You need to recognize that money and a business idea are not all you need to start a business.Things like business location, product authenticity and a good feasibility study are also needed. All of these help to accurately plan your bus...