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At the moment i am currently at a lost on what i should or can do to promote my business so i can get the desired results. I know for a fact that i have to focus on advertising based ...Read more
At the moment i am currently at a lost on what i should or can do to promote my business so i can get the desired results. I know for a fact that i have to focus on advertising based on the fact that it’s still a new brand, but i really do not know where to start and how to go about it.
Read lessAt the moment i am still pretty much a young entrepreneur, i believe a time would come where i would need to expand my business in terms of services, what should i look out for when it comes to selecting ...Read more
At the moment i am still pretty much a young entrepreneur, i believe a time would come where i would need to expand my business in terms of services, what should i look out for when it comes to selecting a service to expand my business?
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There are several factors that you need to pay attention to when you want to expand your business 1. Study company growth, and make sure your business finances are in good health. 2. Make a detailed plan starting with the required capital, business location, or making new products, the number of empRead more
There are several factors that you need to pay attention to when you want to expand your business
1. Study company growth, and make sure your business finances are in good health.
2. Make a detailed plan starting with the required capital, business location, or making new products, the number of employees needed, market conditions etc.
3. Prepare the capital needed, without adequate capital expansion will tend to fail.
Recently i attended a class for graphic designers and one of the coaches advice that as graphic designer we should know our worth and no longer accept client who are not willing to pay well for our designs in other ...Read more
Recently i attended a class for graphic designers and one of the coaches advice that as graphic designer we should know our worth and no longer accept client who are not willing to pay well for our designs in other to set a standard for ourselves and attract high paying customers. If i decide to do this, do you think this is a good idea, especially based on the fact that my business is still new?
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Knowing your worth is important, but as a new graphic designer, balance matters. Don’t reject all low-paying clients immediately; take projects that build your portfolio and skills. Gradually raise your rates as your experience grows to attract high-paying clients without stalling your businesRead more
Knowing your worth is important, but as a new graphic designer, balance matters. Don’t reject all low-paying clients immediately; take projects that build your portfolio and skills. Gradually raise your rates as your experience grows to attract high-paying clients without stalling your business early on.
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Is it wrong to ask about the personal lives of your employees or potential employees? I have come across some persons who usually find this offensive or as some would call it invasion of privacy. What’s your take on this?
Is it wrong to ask about the personal lives of your employees or potential employees? I have come across some persons who usually find this offensive or as some would call it invasion of privacy. What’s your take on this?
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To some extent as an employer, Asking about your employees' personal lives allows you to demonstrate emotional intelligence and show that you're not just focused on results, but also on their emotional well-being. So it is not totally wrong . This act shows empathy and can lead to greater employeeRead more
To some extent as an employer, Asking about your employees’ personal lives allows you to demonstrate emotional intelligence and show that you’re not just focused on results, but also on their emotional well-being. So it is not totally wrong . This act shows empathy and can lead to greater employee satisfaction and loyalty.
But Employers can’t ask you about personally sensitive info surrounding marriage, family, or living situation. These questions aren’t related to the suitability for a job
See lessas a business owner or entrepreneur, there are times where things might not go the way you want them to, what keeps you motivated during this period?
as a business owner or entrepreneur, there are times where things might not go the way you want them to, what keeps you motivated during this period?
Read lessThere are different ways to stay motivated as an entrepreneur. The most effective ways to stay motivated is by starting the day with a clear intention, breaking big goals into smaller, achievable steps, and celebrating even small wins as you journey along daily Another is to have the Passion for youRead more
There are different ways to stay motivated as an entrepreneur. The most effective ways to stay motivated is by starting the day with a clear intention, breaking big goals into smaller, achievable steps, and celebrating even small wins as you journey along daily
Another is to have the Passion for your business. Many people start a business to make money from a passion. So just Centering a business around something you love can make you do more as you would always get excited to work every day and eager to overcome challenges.
Startinga business can help you build credibility and establish yourself as an expert in your industry.
See lessA friend of mine is thinking of starting a popcorn and ice cream business, do you think this would be a lucrative business to startup?
A friend of mine is thinking of starting a popcorn and ice cream business, do you think this would be a lucrative business to startup?
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It is not possible to answer this question with a yes and no answer. There are a lot of factors that should be considered while determining whether your business will be lucrative or not. Some of the factors are: competitors in the market, the market size, the demand, the supply, skills and knowledgRead more
It is not possible to answer this question with a yes and no answer. There are a lot of factors that should be considered while determining whether your business will be lucrative or not. Some of the factors are: competitors in the market, the market size, the demand, the supply, skills and knowledge you gave, resources you have, etc. Check your market to determine the profitability
See lessI met someone who said your business as an entrepreneur should not be able to make profit but should also be able to give back to the society. Does your business give back to the society and how?
I met someone who said your business as an entrepreneur should not be able to make profit but should also be able to give back to the society. Does your business give back to the society and how?
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My business has identified the need for Corporate Social Responsibility by giving back to the community. My business is not that big but I give free water every morning to residents of the community. It is a cost on the business because we have to pump the water at a cost. But we just do it as a wayRead more
My business has identified the need for Corporate Social Responsibility by giving back to the community. My business is not that big but I give free water every morning to residents of the community. It is a cost on the business because we have to pump the water at a cost. But we just do it as a way of giving back to the community that we operate in. And we have benefitted very much from it.
See lessPalm oil is a common commodity we use for various things, especially cooking here in Nigeria and some other African and non African countries. How much would it cost me to startup a palm oil storage business?
Palm oil is a common commodity we use for various things, especially cooking here in Nigeria and some other African and non African countries. How much would it cost me to startup a palm oil storage business?
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The cost of starting a palm oil storage business can vary depending on various factors such as location, size of the storage facility, equipment, permits, and operational expenses. However, here is a general breakdown of potential costs involved: 1. Facility: The cost of leasing or purchasingRead more
The cost of starting a palm oil storage business can vary depending on various factors such as location, size of the storage facility, equipment, permits, and operational expenses. However, here is a general breakdown of potential costs involved:
1. Facility: The cost of leasing or purchasing a suitable storage facility can vary significantly depending on the location and size. It is recommended to invest in a well-maintained and secure space specifically designed for storing palm oil. Costs can range from several hundred thousand dollars to millions, depending on the scale of operations.
2. Equipment: You would need to purchase storage tanks or containers specifically designed for palm oil storage. The number and size of tanks will depend on the capacity of your business. The cost of equipment can range from several thousand to several hundred thousand dollars.
3. Licensing and permits: You need to comply with local regulations and obtain necessary licenses and permits for operating a palm oil storage business. The cost of these permits can vary depending on your location.
4. Infrastructure and utilities: You will need to invest in infrastructure such as roads, loading/offloading facilities, and utilities like water, electricity, and security systems. The costs can vary depending on the existing infrastructure in the area and the upgrades required.
5. Operational expenses: This includes costs such as employee salaries, maintenance, insurance, transportation, and marketing. The actual amount will vary based on the size of your operations and the complexity of your logistics.
It is difficult to provide an exact estimate without specific details, but starting a palm oil storage business can cost anywhere from tens of thousands to several million dollars, depending on these factors. It is advisable to conduct detailed market research and consult with industry experts to get a more accurate estimation for your specific situation.
See lessIs it a must for all companies to have health insurance? I noticed there are lots of companies here in Nigeria that do not have health issuance.
Is it a must for all companies to have health insurance? I noticed there are lots of companies here in Nigeria that do not have health issuance.
Read lessIn Nigeria, it’s not legally required for all companies to provide health insurance, though larger companies often do as part of employee welfare. Smaller businesses sometimes skip it due to cost, but having health coverage can improve staff loyalty, productivity, and attract talent. Even if it’s noRead more
In Nigeria, it’s not legally required for all companies to provide health insurance, though larger companies often do as part of employee welfare. Smaller businesses sometimes skip it due to cost, but having health coverage can improve staff loyalty, productivity, and attract talent. Even if it’s not mandatory, offering some form of health insurance is a smart move for both employee’s well-being and the company’s reputation.
See lessWe often talk a lot about the problems associated with running a business or being an entrepreneur, but we often talk about the good parts. As an entrepreneur, what do you like or enjoy most about your business.
We often talk a lot about the problems associated with running a business or being an entrepreneur, but we often talk about the good parts. As an entrepreneur, what do you like or enjoy most about your business.
Read lessI'm still trying to build my business and bring it online, but just by merely working on it, it gives me the feeling of freedom and control, I still have a long way to go but I believe I can figure it out as I move forward. I think starting a business is one of the most positive things people need tRead more
I’m still trying to build my business and bring it online, but just by merely working on it, it gives me the feeling of freedom and control, I still have a long way to go but I believe I can figure it out as I move forward.
I think starting a business is one of the most positive things people need to experience in their life times, it’s a feeling to cherish.
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Low Cost. One key benefit of e-commerce is that online stores do not require the same costs as physical stores. So you can get things a lot cheaper than the offline stores Businesses with strong online operations were better able to survive and even thrive during restrictions. So one can do well witRead more
Low Cost. One key benefit of e-commerce is that online stores do not require the same costs as physical stores. So you can get things a lot cheaper than the offline stores
Businesses with strong online operations were better able to survive and even thrive during restrictions. So one can do well with any business with online presence
Starting an online businese wl give you global reach, lower costs, scalability, flexibility, and the ability to make data-driven decisions
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