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Category : Business in Nigeria

Business in Nigeria will only attain international recognition when we eventually understand and apply all the principles that govern successful businesses around the world.

We can learn a whole lot from other businesses from around the world.

Business in Nigeria

Every business is not profitable, most time your environment says a whole lot about the business you could establish in it.

Different Businesses thrive in different environment.

Over 55% of all Business established in Nigeria go bankrupt within the first 3 years.

The reason is partly because of knowledge deficiency and partly as a result of what I call the right place, wrong business syndrome.

Feasibility studies must be carried out before any business is set up. There are several stages involved in running a successful business.

You don’t just start a business because your neighbor is successful at it.

Most Nigerian take professional advice for granted, hence the reason for the number of failures experienced with most businesses in Nigeria.

The links below answers some of the basic questions you will encounter while setting up a business.

Above everything else, the desire to establish any kind of business must be followed by adequate self evaluation.

You don’t want to waste your capital, sometimes, it is hard to get back lost opportunities.

Also, you must consider.

  1. Capital Required
  2. Human Capital
  3. Labour Required

Those are just some of it, scroll down to find answers to some of the basic questions about setting up a business in Nigeria.

If you don’t see the answer below, you can use our question form to drop your own question and will will surely give you answers.

You will learn about The most profitable business in Nigeria or how to open a business account in Nigeria.

 

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What online business can I do in Nigeria? I am a student and just hoping to make some extra money monthly. I have some friends that have spoken to me about online business but I am still out of the ...

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How can I start a good business of my own in Ibadan? I want to be selling footwear (Shoes) but i notice people sells the same thing in same place here. If you start it you will surely see rival...what can ...

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How can I grow my small business in Nigeria? I just set up a business but hoping to get tips that would help me grow this business to a reasonable height. I learned that most business collapse with just 6 months, ...

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What are the most profitable business in Nigeria? I have some cash from a distant relation and looking to set up a small business in Nigeria. I just want ideas on businesses that I could do that would be profitable ...

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