Category: Entrepreneurship
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Starting a Small Scale Business – Company Registration Process
As stated earlier, you need the services of a lawyer or accountant who will guide you through the company registration process. The process for the Incorporation of a Company at the Corporate Affairs Commission (CAC) is as follows: Check the availability of the company name with the Corporate Affairs Commission (can be done online through…
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Starting a Small Scale Business – How to Register Your Company
All big companies, at the very beginning, started small. Registering your company is one of the first concrete steps you take toward your dream. Although your beginning is small, you have to keep an eye on where you are heading when registering your company. Name your company based on where you are heading, not where…
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When Love Does Not Pay the Bills
Doing what you love and loving what you do is a match made in heaven. It is a place where passion, talent, skills, aptitude and purpose meet. You get paid while having fun. Work feels like play. Sadly, very few find this place. A lot of people have a good idea where it is, but…
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How to Start a Small Scale Business
Starting a small-scale business is a lot like falling in love. It grows on you. Sometimes you may not fancy the person that much, but as you get to know and interact with the person more, they grow on you, and before long, your heart starts to skip a beat. You do not need a…
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How to Decide Which Business to Go into 3: Be Yourself
By knowing who you are, your talents, aptitude, skills, core competencies, and where your passion lies, you are in a good position to engage the marketplace from a position of strength. The best place to get maximum return on your effort is to apply the effort in the direction of your strength. In summary, build…
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How to Decide Which Business to Go Into 2 : Who Are You?
Foot Type People Foot-type people love being on the move. They are footloose, eager to be on the move. They get frustrated if they become desk-bound for one reason or the other. They hardly get tired of being on the road. It excites them. They get bored easily if they stay in one place for…
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How to Decide Which Business to Go Into
A lot of people have difficulty deciding which businesses to go into. A common rule of thumb is to scan the environment, see which business seems to be flourishing and pitch your tent there. Many have gotten their fingers burnt this way. They enter a terrain they are not equipped to navigate, often at the…
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How to Raise Money to Start Your Business 3
Going to a lending institution to raise a loan to start your business is not a good option, but in some instances, it may be your only option especially if you need to grow. There are many options under this scenario, for example, venture capitalists, private investors, banks, etc. Venture capitalists are also known as…
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How to Raise Money to Start Your Business 2
Apart from raising money through your savings, turning thrash to cash, and making good use of what you have (which should be your first option, another way of raising money to finance your business is by drawing down from your assets. You can easily sell some of your stocks and bonds to raise the required…
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How to Raise Money to Start Your Business
Raising money to start your business has always been an issue with most wannabe entrepreneurs. It is also a convenient excuse not to keep moving. The importance of cash for funding a start-up business cannot be overemphasized but ranked side by side with original ideas, focus, persistence, passion, and vision, money ranks right at the…