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How to earn money as a student
One way that students that I know use to make money is to offer tutorial services to other students on campus but that would be largely dependent on your academic capacity. Another way that you could make money as a student is to engage in online hustle in your spare time. You could do forum postingRead more
One way that students that I know use to make money is to offer tutorial services to other students on campus but that would be largely dependent on your academic capacity. Another way that you could make money as a student is to engage in online hustle in your spare time. You could do forum posting or writing gigs to make money as a student. Â Other ways would be to start a business like food or photocopy services on campus but that would require capital.
See lessHow To Start a Business as a Student
You have to understand your campus first of all to be able to explore ways you can make money there. What are the general interests of the students who are on campus? One venture that can do very well on a campus is the retailing of data subscription if you can negotiate a deal with an Internet ServRead more
You have to understand your campus first of all to be able to explore ways you can make money there. What are the general interests of the students who are on campus? One venture that can do very well on a campus is the retailing of data subscription if you can negotiate a deal with an Internet Service Provider that can give you very cheap data. You could also go ahead to offer gym services for campuses that have hostels.
See lessHow To Reward Good Employees As An Employer?
It is one of the best approaches to staff motivation both for the particular employee and others to reward staff members that perform exceptionally well. The two sure ways to reward such staff is to give a promotion and also, a raise in their renumeration. When that is effected, it would encourage oRead more
It is one of the best approaches to staff motivation both for the particular employee and others to reward staff members that perform exceptionally well. The two sure ways to reward such staff is to give a promotion and also, a raise in their renumeration. When that is effected, it would encourage other employees to work harder to get those perks. Additional ways you can reward such staff is to give them awards and recognition.
See lessShould I invest more money than I save or spend?
It depends on how much you earn. If you earn a really good salary that you can afford to invest 60% of it and the remainder can take care of your basic survival needs, there is nothing wrong to invest more than you spend. But for most average people with limited income, their expenses always are soRead more
It depends on how much you earn. If you earn a really good salary that you can afford to invest 60% of it and the remainder can take care of your basic survival needs, there is nothing wrong to invest more than you spend. But for most average people with limited income, their expenses always are so huge when you look at their income. Those ones would invest less and spend more. The major thing though is that one is making efforts to invest.
See lessWhat is corporate social responsibility?
Corporate social responsibility are ethical responsibilities that you owe the different stakeholders in your business. One among such is the society that you operate in to run your business. You are expected to contribute in a little way to community development and society building. I always say thRead more
Corporate social responsibility are ethical responsibilities that you owe the different stakeholders in your business. One among such is the society that you operate in to run your business. You are expected to contribute in a little way to community development and society building. I always say that every business should be socially responsible and there are non monetary ways to carry out corporate social responsibility.
See lessHow do macroeconomic factors affect a business?
Macro economic factors play a huge role in the performance of businesses all over the world as they determine the cost of doing business and the level of patronage a business gets per time for it's products and services. It also affects the ability of a business to get capital to run. Inflation forRead more
Macro economic factors play a huge role in the performance of businesses all over the world as they determine the cost of doing business and the level of patronage a business gets per time for it’s products and services. It also affects the ability of a business to get capital to run. Inflation for instance affects the cost of production in one end and also affects the disposable income which translates to patronage level at the other end.
See lessHow to know how much will be enough to establish a business
That's one of the things a feasibility study does. It tells you all the requirements to start a business at a particular scale and from there, you would be able to determine the ideal monetary value for the scale you want to start your business at. To answer your question directly, take a feasibilitRead more
That’s one of the things a feasibility study does. It tells you all the requirements to start a business at a particular scale and from there, you would be able to determine the ideal monetary value for the scale you want to start your business at. To answer your question directly, take a feasibility study, understand all the inputs required to set up such business and attach a monetary value according to market prices of the inputs. That would give the amount needed to start that business.
See lessWhat are the various financial statements a business must have?
There are various financial statements that a business should have and it should be dependent on the size and complexity of the business. For a small or medium sole proprietorship business, just a sales record and expenses record is enough. For a company, you would need a trading account, inventoryRead more
There are various financial statements that a business should have and it should be dependent on the size and complexity of the business. For a small or medium sole proprietorship business, just a sales record and expenses record is enough. For a company, you would need a trading account, inventory accounts and ultimately, a balance sheet as financial statements. And all of these are required by regulation to be submitted by companies.
See lessWhat can I do if business revenue are not forthcoming?
When profits are difficult to come by for your business, the first thing that you should do is to look at costs. That is based on the premise that sales are going on but there is no profits. When you look at costs, you relate it with pricing both for your products and the general market. From there,Read more
When profits are difficult to come by for your business, the first thing that you should do is to look at costs. That is based on the premise that sales are going on but there is no profits. When you look at costs, you relate it with pricing both for your products and the general market. From there, you would know if you would have to reduce costs or you would have to adjust pricing to be able to boost up profits for the business.
See lesswhy do people sell their business?
People sell their businesses for several reasons. Primary among the reasons why people sell their businesses is lack of capital to keep run the business. They would have to sell the business to someone who has the funds to manage it instead of closing it down. Another reason why people sell their buRead more
People sell their businesses for several reasons. Primary among the reasons why people sell their businesses is lack of capital to keep run the business. They would have to sell the business to someone who has the funds to manage it instead of closing it down. Another reason why people sell their businesses is because of conflicting interests. Something else might just come in that would derail their attention away from the business and they have to sell it.
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