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This question should be answered by small business owners and those aspiring to own businesses. It is a recognized fact that at this moment in own history at least half of the employed are actually unemployable. The other half want to work in organisation such as GTBank, Mobil, MTN. The small business owner is …
Hands up SME owner with all these business documents Certificate of Registration or Incorporation Certified True Copies of Forms CAC 2.1, CAC 2, CAC 3 and CAC 7 Certified True Copy of Memorandum and Articles of Association of the Company. Feasibility Study Report /Business plan Three (3) years most recent Audited Accounts Organizational and …
According to Wikipedia, a Performance Appraisal (PA) is a systematic and periodic process that assesses an individual employee’s job performance and productivity in relation to certain pre-established criteria and organizational objectives. Other aspects of individual employees are considered as well, such as organizational citizenship behaviour, accomplishments, potential for future improvement, strengths and weaknesses, etc. To …
When you talk to owners of SMEs, most will tell you how funding is their major issue. Probe further and you will realise that she doesnt even know how much she needs to access. She doesn’t know what her annual profit was last year and cant say exactly why she thinks she needs money except …
Female entrepreneurs may run multiple businesses and be quite persistent. But hardly will you find female entrepreneurs in the genre of Dangote, Warren Buffet, Michael Adenuga et al. In the past week, I have had cause to speak to some business women and the answers they give to some questions are puzzling. Questions such as …
A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals. (Wikipedia) Questions a small business owner should answer when writing a business plan Who are you? What propels you/your business? …
