

A service-based business is one in which you do not sell any physical products. A goods-based business sells physical things that you can exchange for money. For example, Fast Moving Consumer Goods such as household consumables are physical products. Clothes and jewelry are physical products. Household furniture and fittings are also physical products

It is common to hear real estate salesperson tell you that this investment is a good buy or that property is a good deal. But what qualifies a real estate purchase as a good deal? There are numerous facts to be considered. Some of these facts are who the seller is, where the

It is very common to find people who want to start a business and the first challenge they believe they face is ‘capital’ That assumption is only partly correct. This is because capital, in their minds, signifies money, when, in fact, capital signifies more than money. Have you forgotten that manpower is also called

It is a fact that the Nigerian terrain is currently tittering on edges because of the elections. There is plenty of uncertainty and confusion in the air. While we advise that people be calm and not ventilate unconfirmed information that can aggravate the polity, it is also wise to help the polity stay

The year is underway and money has started moving. Inflow and outflow have started building. For those of us who run small businesses, it is easy to just move the money around as and when the need arises. You receive inflow from clients and immediately pay utilities and your personal needs. But

Terms and conditions of employment. A lot of employers of labor have concerns about how to manage the employment of staff. They want to expand their business but either doesn’t know how to do it or are too overwhelmed by the process. It is time to relax and take it one step

DIRECTOR VS SHAREHOLDER When you register a limited liability company, you will have to tell the Corporate Affairs Commission (CAC) who you want to use as a director(s) and Shareholder (s). I find that a lot of business owners don’t know the difference and use them interchangeably. They are not interchangeable. Even

One of the ways to grow is to join business forces with similar businesses or complementary businesses. Like facebook buying Instagram is joining forces with a similar business. The same with Cocacola buying Mirinda. But facebook buying WhatsApp is buying a complementary business. One was a general community building and entertainment platform. One

I have read a lot of the news releases on the Anita Okoye matter. Facts you should know about it. She made a lot of allegations. But not one shred of evidence was attached to prove her case. She claimed she founded a company. Even that piece of information was not substantiated.

A Business Name is a name. It can have ventures or enterprises or associates or a variety of names affixed to it. A Registered Company must end with ‘LTD’. Incorporated Trustees start with ‘Incorporated Trustees of….. ‘ Forget whatever you know the name of your church to be, the registered name may