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Tag: business

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Create Effective Strategy for Your Business

A business strategy is like a compass. When you have resolved to take over the world, the next question that would naturally come to mind is where you’ll start from. It’s very likely if your business started off very small or you stumbled into business, you never really bothered to develop a business plan or […]

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Business Etiquette Rules You Should Know

As a professional there are business etiquette rules that you should be aware of. Ignorance is bliss, but not when it comes at the expense of a fist impression or your reputation to potential business partners and fellow colleagues. Here are a few etiquette tips to note for next time you’re out at a meeting […]

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Things to Consider When Choosing a Business Partner

  Choosing a business partner is a crucial decision you’ll need to make what starting a business. Not every business requires you to have a partner, so you will have to ask yourself several questions before you go seeking out a partner in crime. As the saying goes, two is better than one, so there […]

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SME Landscape: How Important is Customer Retention

  One of the SME Trends for 2017 is said to be the focus on customer retention. It is said that the average business loses about 20 percent of its customers yearly due to their failure to build healthy customer relationships. In addition to this, it interesting to know, statistics show that customer happiness impacts […]

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How to Start a Franchise Business

  Ever wondered how KFC started in Nigeria? How Pandora got a deal to open up in Shoprite? Or how Dominos and ColdStones kicked off? Most of these international branches you see locally are franchises. For those who have no clue what a franchise is, it’s; “An authorization granted by a government or company to […]

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Top Questions to ask When Looking for a Chef

Unless you’re a celebrity chef and the kitchen is your home, you’re going to need a chef or multiple chefs to operate your food business. Looking for a chef isn’t the same as looking for a secretary, so you’re going to have to ask some very specific questions about your candidate before hiring. Here are […]

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Entrepreneur in Focus: 4 Lessons to Learn From Banke Kuku Textiles

Banke Kuku is well known in the fashion space for her phenomenal textile designs. The fairly young Nigerian-born CEO has been knitting since she was five years old which lead her to earn a Foundation Art and Design Diploma at Central Saint Martins in London. Continuing her education, she progressed to Chelsea College of Art […]

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How to Manage Your Staff Effectively

  If you’ve progressed from the stage of literally being a one man business, you’ve probably started hiring staff. Finding good staff is a task in itself, but getting them to stay on board to ensure you don’t have an unnecessarily high turnover is going to take skill. Here are a few skills you need […]

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Best Ways to Build Lasting Relationships With Clients

  A client’s loyalty has a lot to do with your interactions with them. Every impression and every encounter is significant, so it’s important that you leave positive impressions every time if possible. Relationship management is a skill we never fully master, but the more we learn and the more we practice, the better we […]

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