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Funding-Ready or Funding-Rejected? Why Every Business Needs a Business Plan, Pitch Deck, and Financial Plan Before Seeking Investment Funding Doesn’t Go to the Most Passionate Entrepreneur. It Goes to the Most Prepared. Every day, thousands of entrepreneurs search for grants, investors, and business loans, hoping to secure the capital they need to grow. Yet, many […]
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Entering the Nigerian market through a joint venture can give an investor access to local knowledge, customer relationships, licences, land, distribution networks and operating experience. It can also create serious disputes when the relationship is built around trust without clearly documented rights, responsibilities and controls. Many joint ventures begin with a simple con...
West Africa’s diaspora sends billions of dollars home every year. Historically, much of that money has funded household consumption, education, healthcare, ceremonies and property construction. Those uses remain important, but a growing number of diaspora professionals are asking a more strategic question: How can part of the money sent home be converted into productive asset...
Owning a business in Nigeria while living in the United Kingdom, United States, Canada, Europe or another part of the world can be a powerful wealth-creation strategy. It can also become an expensive source of stress. Many diaspora entrepreneurs have invested substantial amounts in farms, retail stores, schools, healthcare facilities, logistics companies, property businesses ...
A business idea can sound attractive in conversation and still fail when tested against market demand, operating costs, technical requirements and realistic cash flow. This is why serious investors, commercial banks and development finance institutions do not rely only on an entrepreneur’s enthusiasm. Before committing money, they want evidence that the proposed business can ...