• Creativity: Unleashing the Power within
    Businesses that cannot reinvent themselves as their marketplace evolves and the world changes will find their product and services obsolete.  A culture of creativity enhances business growth, profitability, and keeps employees, customers, and suppliers engaged.  Creativity and Capacity: Unleashing the power within
    Businesses the world over are obsessed with innovation. The creative capacity of a company is one of its most important assets and with the giant strides taken by brands like Google and Apple, this can not be overemphasized.Companies operating in volatile or difficult markets believe they have to find new ideas in order to maintain or improve their ma… Read more
  • SMEs at the heart of National Development
    In a part of the world where everything is so new…creativity wins. See just beyond the horizon Dare to do what seems impossible Do what you love! Dream!  Click to read the full document
  • First Bank National Conference
    The Bank has maintained successful relations with SME customers since its inception in 1894. First Bank defines SMEs as large, medium and small corporate customers with turnover up to N500m and we have different engagement models for them based on their size.  There are more than 17million SMEs in Nigeria SMEs employ more than 32m people in the country, … Read more
  • Accessing capital for SMEs: Various Methods of Raising Capital
    Small and Medium Enterprises (SMEs) have the potential to play a significant role in driving economic development in Nigeria.A number of constraints have however continued to impede the growth of SMEs, with limited financing options a significant factor. Other factors include manpower, infrastructure and regulatory challenges. Access to Capital: Show me the money
    In developing and developed countries across the globe SMEs have been identified as the engine of growth in the economy, providing employment to thousands of people and contributing significantly to the gross domestic product (GDP). SMEs are making their mark on the economic landscape due to their strategic importance in reengineering various sectors of the economy. … Read more
  • Advertising: The Basics
    Think you have a great product? Unfortunately, no one’s going to know about it unless you advertise. Advertising, if done correctly, can do wonders for your product sales, and you know what that means: more revenue and more success for your business. But be warned: it is not a panacea. Below you will find a list of what advertising can and can’t do for your business, along with… Read more
  • Making Decisions
    Tips for Wise Decision-Making As you manage your business, you will be faced with important decisions that may impact the future of your company. This may seem stressful, but keep these tips in mind and you’ll find yourself making wiser decisions in no time: Define, as specifically as possible, what the decision is that needs to be made. Is this really your decision or someone else… Read more
  • Being a Leader
    Over the past several years, one of the most important contributions psychology has made to the field of business has been in determining the key traits of acknowledged leaders. Psychological tests have been used to determine what characteristics are most commonly noted among successful leaders. This list of characteristics can be used for developmental purposes to help managers gain ins… Read more
  • Borrowing Money for Your Business
    After you have developed a cash flow analysis and determined when your business will make profit, you may decide you need add… Read more
  • Developing a Cash Flow Analaysis
    For small businesses, cash is king. You need it to start, operate, and expand your operations, but many small business owners often have trouble managing and maintaining cash. Inaccurate cash flow analysis – or lack of available cash – can affect the everyday operations of your business and your eligibility to receive a loan. Cash flow is the movement of money in and o… Read more
  • Understand Your Market
    To run a successful business, you need to learn about your customers, your competitors and your industry. Market research is the process of analyzing data to help you understand which products and services are in demand, and how to be competitive. Market research can also provide valuable insight to help you: Reduce business risks Spot current and upcoming problems in your in… Read more
  • 10 Steps to Starting a Business
    Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more. Step 1: Write a Busine… Read more
  • 20 Questions Before Starting
    So you’ve got what it takes to be an entrepreneur? Now, ask yourself these 20 questions to make sure you’re thinking about the right key business decisions: Why am I starting a business? What kind of business do I want? Who is my ideal customer? What products or services will my business provide? Am I prepared to spend the time and money needed to get my business sta… Read more
  • Is Entrepreneurship For You?
    Starting your own business can be an exciting and rewarding experience. It can offer numerous advantages such as being your own boss, setting your own schedule and making a living doing something you enjoy. But, becoming a successful entrepreneur requires thorough planning, creativity and hard work. Consider whether you have the following characteristics and skills commonly… Read more