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What's your own way of saving money?
I have like three different bank account for saving money, one is for business purpose, another one is for spending, while the last one is for special savings. To save my money, sometimes I always review my monthly expenses and identify areas where I can cut back, such as dining out less or cancelinRead more
I have like three different bank account for saving money, one is for business purpose, another one is for spending, while the last one is for special savings.
To save my money, sometimes I always review my monthly expenses and identify areas where I can cut back, such as dining out less or canceling unused subscriptions.
Sometimes I use to receive some money unexpectedly maybe from cryptocurrency. Whenever I received unexpected money, I use to save a portion of it instead of spending it all.
See lessIs it important we track our business expenses?
Yes, it's very important to track your business expenditure, because by the tracking time, you can monitor your expenses, and you can then detect irregularities or unauthorized spending, reducing the risk of fraud. It can also helps in evaluating the performance and cost effectiveness of vendors andRead more
Yes, it’s very important to track your business expenditure, because by the tracking time, you can monitor your expenses, and you can then detect irregularities or unauthorized spending, reducing the risk of fraud.
It can also helps in evaluating the performance and cost effectiveness of vendors and suppliers, enabling better negotiation and decision-making.
By the way, business can’t even perform well without monitoring income and expenditure, because that’s what will helps in creating and maintaining budgets. It ensures that a business can plan for future expenses and stay within its financial limits.
See lessFollowing governments regulation, why's it matters in business?
Government rules and regulations matters a lot on business, by following government rules, you will score freedom on any of your products you offered to the customers. By fellowing government rules and regulations, you will be able to accumulate more customers due to high trust of your products. WheRead more
Government rules and regulations matters a lot on business, by following government rules, you will score freedom on any of your products you offered to the customers.
By fellowing government rules and regulations, you will be able to accumulate more customers due to high trust of your products.
When your products is verify, for example NAFDAC verify your products. That’s government, that means what you offered has been approved by government, and that’s trust and reliable business.
See lessSome possibilities ways to plan your business?
I think business planing is based on your starting capital or your investment capital. You have to consider how your business can contribute to the community through corporate social responsibility initiatives. including a good location which may help you perform well. it's also an important thing tRead more
I think business planing is based on your starting capital or your investment capital.
You have to consider how your business can contribute to the community through corporate social responsibility initiatives. including a good location which may help you perform well.
it’s also an important thing to create a detailed business plan outlining your goals, strategies, financial projections, and operational plans and you have to work towards this.
See lessCan we use internet and make money at home?
Yes, you can make money online at home. But sometimes online making money not always an easy thing, it required your efforts and seriousness. Ways of making money online may include something like affiliate marketing, you can promote products or services through affiliate programs and earn commissioRead more
Yes, you can make money online at home.
But sometimes online making money not always an easy thing, it required your efforts and seriousness.
Ways of making money online may include something like affiliate marketing, you can promote products or services through affiliate programs and earn commissions for each sale generated through your referral links.
Also you can Offer your skills in areas like writing content as you saw in Advisordia platform, maybe graphic design, web development, or digital marketing or Freelancer.
See lessHow can I promote my business on social media?
It's easy. If you have social media platform like facebook TikTok or tweeter page, you can put more effort to get enough followers, immediately you get a lot followers, you will be able to promote your business products online and it will be visible to a lot of people. Another thing is partner withRead more
It’s easy.
If you have social media platform like facebook TikTok or tweeter page, you can put more effort to get enough followers, immediately you get a lot followers, you will be able to promote your business products online and it will be visible to a lot of people.
Another thing is partner with complementary businesses or influencers for cross promotions. This can expand your reach to new audiences or customers.
You can always encourage satisfied customers to leave feedback or reviews to bring more customers in business.
See lessThings are really hard, can I still have savings?
Yes, because without saving it will be worsted than that. They're two things to consider. 1. Find another way of income: you can explore opportunities for part time work, freelancing, or selling your skills to supplement your income. 2. Automate savings of income: you need to Set up automatic transfRead more
Yes, because without saving it will be worsted than that.
They’re two things to consider.
1. Find another way of income: you can explore opportunities for part time work, freelancing, or selling your skills to supplement your income.
2. Automate savings of income: you need to Set up automatic transfers to your savings account so that you save a portion of your income before you can spend it.
You can also look for another way of growing your money by building an emergency fund, paying off debt, or saving for a specific purchase, to make you stay motivated.
See lessHas making money online been easy?
My answer is no. I mean capital no. The reason I said no is that, before you can earn income online you will work hard to succeed. For my own view, making money online and making money offline is almost the same thing, if you didn't put more effort and take online investment serious you will give upRead more
My answer is no.
I mean capital no.
The reason I said no is that, before you can earn income online you will work hard to succeed.
For my own view, making money online and making money offline is almost the same thing, if you didn’t put more effort and take online investment serious you will give up along the way.
For example, this Advisordia now, it’s not an easy thing to answer a question everyday and to make sure your phone is always on with internet access 24 hours. So it’s not easy.
See lessWhat prevents you from starting your own business?
It's a good question. I have intention of getting involved in some business to increase my monthly income, but the problem I have is starting capital, and another problem is locations. You know there's a kind of business which you will get more customers and boom your business due to your location.Read more
It’s a good question.
I have intention of getting involved in some business to increase my monthly income, but the problem I have is starting capital, and another problem is locations.
You know there’s a kind of business which you will get more customers and boom your business due to your location.
If I have like $1,000 now, I mean presently, I could invest it at omega Network project. They offer best yield rewards on cryptocurrency staking this year, and I really like their performance.
See lessWhat's the meaning of real estate business?
Real estate business can be defined as the process of buying and selling, leasing, or development properties, that sometimes may involved buildings, and housing. In other way round, some people and companies involved in real estate aim to generate income through property selling or rental, maybe anyRead more
Real estate business can be defined as the process of buying and selling, leasing, or development properties, that sometimes may involved buildings, and housing.
In other way round, some people and companies involved in real estate aim to generate income through property selling or rental, maybe anytime property appreciation over time. It’s a sector of the economy with many opportunities for investment and also for profit making.
See less