When considering investment choices, your main goal as a business owner should be to enhance financial stability for the long term and strategically maximize profits. Nothing goes beyond making profits. It’s a rewarding experience to see your investment returns after your business savings mature. A critical issue some business owners face is how to leverage […]
Do you accumulate your business savings in the hopes of receiving increased profits? While holding savings is considered a safe strategy, your savings doesn’t grow in value. A mistake business owners make is under-utilizing business savings. Saving for unprecedented situations is pertinent, businesses can harness the power of investing for long-term financial stability. You can […]
“Your network is your net worth” — Porter Gale As a business owner, it’s essential to stay up to date on industry trends and equip your business with resources from peers and other business owners to boost success and increase revenue generation. A major way to remain competitive and easily adaptive in the market is […]
As a business owner in Nigeria, you must register your business with the CAC for proper accreditation. To prove the credibility of your business, you need to register your business. There are numerous routes to register your business, which may be time-consuming and expensive. But by registering your business name with Prospa, we do the […]
As an entrepreneur in Nigeria, you need a thick skin to navigate your business for success. The Nigerian Naira is depreciating daily and yet, the cost of production is on the rise. Businesses need to meet the ever-growing demands of their customers and the increase in cost of production. You can only do so much […]
Never have we heard a business owner complain of too much revenue. And of course, too much revenue isn’t a phrase here at Prospa. There’s no limit to how much you can achieve in revenue whether as a small or medium sized business. The main goal is to make money and we’re here to make […]
Don’t open a business bank account with just any bank! Selecting a business bank account to open and use for the day to day running of your business and transactions is an important decision. As an entrepreneur there are several factors you should take into consideration when thinking about establishing a relationship with any […]
If you’re a business owner, you can agree that every now and then, your business needs funds to operate. So many things about running a business requires money. Whether it is purchasing new equipment, repairs and maintenance, paying workers or expansion, it all comes at a cost. While some business owners can afford to care […]
The Nigerian economy thrives on more than 40 million small or medium-sized enterprises (SME) that are cherished by their owners. Many of which are self-funded and are the main drivers for innovation and employment. However, running an SME in Nigeria is not without challenges. For one, the uncertainty that hovers around every business and the […]
With the world as a global community, international payment has become the lifeblood of global commerce. From multinational companies moving millions of dollars across borders to family and friends caring for loved ones thousands of miles away, a lot of money moves across borders on a daily basis. Welcome to the complex world of international […]
