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Another way to raise funds for your start up business is, crowd funding.
Crowdfunding platforms are set up for individuals to pitch their business ideas or challenges to a community of investors or people willing to support their ideas or cause.
Crowdfunding platforms are set up for individuals to pitch their business ideas or challenges to a community of investors or people willing to support their ideas or cause.
How does it work?
An individual makes a business pitch on the crowdfunding platform, then he or she shares his business model and it's potential for growth.
An individual makes a business pitch on the crowdfunding platform, then he or she shares his business model and it's potential for growth.
If the idea is bought by the crowd funders on the platform, they'll make a pledge to support his business model publicly and donate funds respectively.
Cost-Effective Small Business Advertising Ideas 2
We looked a Google ads yesterday. Today, we look at,other options.
Using Bing Ads for Small Business Advertising
Bing has a smaller share of the search engine market than Google,but it's still used by millions of people monthly.
We looked a Google ads yesterday. Today, we look at,other options.
Using Bing Ads for Small Business Advertising
Bing has a smaller share of the search engine market than Google,but it's still used by millions of people monthly.
Your customer may be among those million of people. Reach them through adverts.
Also, Bing Ads also tends to be less costly than Google Ads.
Costs per click (or CPC's) on Bing Ads are 33% lower than on Google Ads.
Also, Bing Ads also tends to be less costly than Google Ads.
Costs per click (or CPC's) on Bing Ads are 33% lower than on Google Ads.
Bing Ads offers more control of some parts of your advertising campaigns because it has better device targeting options.
Please note that, Bing is popular among older, more affluent demographics, and the travel industry, will find Bing really useful.
Please note that, Bing is popular among older, more affluent demographics, and the travel industry, will find Bing really useful.
6 Fundamentals of Business Management.
Having passion for the business you are managing is very important for your success. But passion alone is not enough.
Core business skills are needed to properly launch your organization and survive over the long term.
Having passion for the business you are managing is very important for your success. But passion alone is not enough.
Core business skills are needed to properly launch your organization and survive over the long term.
Below are some of the skills.
1. People
Human resources are your company’s greatest asset and how you lead, motivate and inspire your employees can have a huge impact on the success of your company.
Because they are the ones who meet and interact with your customers or clients.
1. People
Human resources are your company’s greatest asset and how you lead, motivate and inspire your employees can have a huge impact on the success of your company.
Because they are the ones who meet and interact with your customers or clients.
If they're happy, it would be easier to tolerate and treat clients right.
2. Operations
What happens behind the scenes of a new product launch?
Managing a supply chain and making sure production meets demand under tight deadlines is critical to business success.
2. Operations
What happens behind the scenes of a new product launch?
Managing a supply chain and making sure production meets demand under tight deadlines is critical to business success.
Let's look at; The Role of Finance in a Business
Strategic Planning and Budgeting
After defining where you want the business to go, determining the objectives, ask your financial people how much it will cost to get there.
Strategic Planning and Budgeting
After defining where you want the business to go, determining the objectives, ask your financial people how much it will cost to get there.
These plans form the basis for hiring employees, capital spending, raising capital, marketing campaigns and bonuses for management.
Equity or Loan?
Is it better to raise more equity capital from investors or take out loans from lenders?
Equity or Loan?
Is it better to raise more equity capital from investors or take out loans from lenders?
Financial analysis gives the answer to this question because it let's you know how much you need, much you have and how much you can get.
Cash Flow Management
It's the job of financial managers to make sure the business has enough liquidity to pay its suppliers &employee on time
Cash Flow Management
It's the job of financial managers to make sure the business has enough liquidity to pay its suppliers &employee on time
One of the most important components of running a successful business is keeping employees happy.
Here are some reasons and benefits to map out s plan for employees benefits in your organization for 2020
Here are some reasons and benefits to map out s plan for employees benefits in your organization for 2020
Benefits like paid vacations and holidays, health plans, and retirement plans etc demonstrates that you believe in your company enough to invest in your employees, and proves that you’re stable, which can help you acquire A-list talent.
It's difficult for a business to establish a veteran team of experts when employees come and go quickly.
Investing in your employees, shows you have their best interests in mind and value their job performance. This can build a team of professionals that will stay for years.
Investing in your employees, shows you have their best interests in mind and value their job performance. This can build a team of professionals that will stay for years.
Lets look at how to prepate a balance sheet today.
Most business owners choose one of three options to create balance sheets:
Hiring an accountant or CPA
Drawing up a balance sheet by hand
Using accounting software
Most business owners choose one of three options to create balance sheets:
Hiring an accountant or CPA
Drawing up a balance sheet by hand
Using accounting software
Using an accountant costs the most but comes with the least amount of risk because an accountant is much less likely to make a balance sheet mistake.
Drawing up your own balance sheet is free unless you make a costly mistake.
Drawing up your own balance sheet is free unless you make a costly mistake.
But balance sheets are simple enough that you can catch errors quickly, if not on the current sheet then on the next one you draw up.
You can create your own two-column balance sheet using spreadsheet software or download am Excel balance sheet template.
You can create your own two-column balance sheet using spreadsheet software or download am Excel balance sheet template.
This is a thread on the Taxability of educational institutions in Nigeria. 👇🏽
#SchoolTax #WoleOluyemi 1/12
#SchoolTax #WoleOluyemi 1/12
