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Automotive / How To Start Profitable Haulage Business In Nigeria by ikoiikenna: Last month on Mon 17 at 10:50pm
Haulage is the transportation of goods by road and railway. It is very important to the development of any nation. If economic development is to be achieved by a nation then the transportation system has to be developed. Efficient transportation system will aid production and distribution of goods and services.

Road haulage has been the preferable means of moving goods and service between city due to the underdevelopment of Nigeria’s rail system.

AREAS TO CONSIDER WHEN UNDERTAKING A HAULAGE BUSINESS

In embarking on a haulage business the following areas will be considered:

1. CHOOSE A NICHE
The truck industry is a very large and in order to succeed you need to choose a niche for yourself. There are several niches in the haulage business and the type you select will determine the type of truck you will be needing and the startup capital. For example, if you decide to on petroleum product haulage you will need petroleum tanker and will have to register with an oil company but if u decide to venture into building material haulage what you will need is a tipper or lorry.

2. START UP CAPITAL
The next step is to get your capital and you are going to be needing a lot it because haulage business is highly capital intensive. Your startup capital will largely depend on the number of fleets you intend to own. You will need to decide if you are going to be buying new trucks or used trucks. There are ways in which you can get your trucks, either through outright purchase or get them on a lease.

3. RULES AND REGULATIONS
Another area that needs serious consideration is the legal requirements for starting haulage business. You will be required obtain different licenses and permit and would also be presented with a set of rules and regulations to be strictly adhered to. You should carry out an extensive research on what rules there are and ensure total compliance with the rules.

4. INSURANCE
Lots of businesses come with risk so also is the haulage business. You would be carrying expensive merchandise which does not belong to you and will be required to carry them safely to their destination. Considering the distance that needs to be covered in delivering these goods, it is impossible to predict what might happen on the way.
Accidents might occur, cases of theft may arise, dishonest drivers may divert the goods and this may be lead to huge debt on the part of the haulage company. This is why is important to obtain insurance for the haulage business in order to mitigate against the risk listed above.

5. MANAGEMENT STRATEGY
The next area to look at in starting up haulage business is your management strategy. A good management team is essential in carrying on a successful trucking company. If you lack experience in this area, you may need to employ a manager who is experienced to oversee the day to day running of the business and also make it profitable.

6. EMPLOYEES
This is another area to consider as well. You will have to find drivers that are willing to work with you in order to make your business profitable.

Conclusively, the trucking business is one of the toughest areas to break into but once you succeed the reward is worth it.

Advertising/ Marketing / Twitter Marketing Vs. Email Marketing: Which Is More Profitable by ikoiikenna: Last month on Mon 17 at 10:03pm
Lately, the debate about which of this medium, Twitter marketing, and Email marketing makes more money have been on. Some social media analysts believed that email marketing is more profitable, while others strongly disagree and say Twitter is the best medium to reach targeted market and more.

This post is not to change views but to give you great ideas and examples about the best marketing medium. Below are some of them:

Twitter Marketing and Making Money
Some of you might say, oh is not really possible to make good money from twitter. Well, best believe it is possible. As a matter of fact, Twitter is ideally set up to encourage affiliate marketers because all the URLs are screened behind an URL shorten service. It gets confusing for users because you can't tell if the link you’re clicking on is an affiliate or normal link.

Twitter seems to offer good marketing choices for affiliate marketers, and more individuals are getting into it. The user base of Twitter keeps growing each year and the market, bigger and bigger with various niches.

Also, it is a lot easier to target and reach the right audience via twitter due to its unique marketing platform. However, you must be smart when promoting product/brand by using the right words.

An example of how you can make money with Twitter. Say you are a brand manager with about 10,000 followers, you can talk about any new product to your followers with just a tweet. That first tweet can produce many comments and questions about the product, which can lead to subsequent tweets and sales. You get to record more sales without so much as sending out a newsletter about the product. This is one major advantage twitter marketing have over email marketing

How is Twitter The Right Medium For Making Money
Yes, you can make money with Twitter. But just like everything else, you need to make the right offer targeted at your followers and even non-followers who may come across your tweet. Also, ensure that your offer is rightly priced.

Email Marketing and Making Money
One unique thing about email marketing is that its produce almost instant results. If you placed an advert on your site, you can be sure to receive orders within a few minutes. Once your list reaches a decent size, it’s more or less a cash machine. But remember that it's crucial to develop a good relationship with your followers in order to make it.

Getting an Email List
Email marketing works best by giving almost instant results. If you have a site and have no way of capturing the leads coming to it, start by setting up a system. An example of such system is Aweber, which is so far the best in the industry.

Bottom line:
E-Mail Marketing, when combined with other strategies, has proven to be successful. While twitter marketing is a great method of generating targeted traffic for your brand right after a promotion. Remember, whichever you decide to go for it can only work if you have a good brand reputation.

Startup Tips / How To Get Your Business Off The Ground With Small Capital by ikoiikenna: Last month on Mon 17 at 07:32pm
So you have a great business idea and you are convinced you can turn this idea into a fortune, but you don’t have much capital to get your business off the ground. Increasing number of entrepreneurs are using creative thinking to get businesses off the ground with the smallest budgets.

Making your Business Fit Your Finances
Starting your business with the smallest budgets means you will have to work even harder to make sure your business doesn’t suffer from lack of funds. You can build income and cash flow from your hard work. Always have it at the back of your mind that easiest businesses to get started with limited capital are those that don’t require huge resources or initial outlay.

Minimizing Costs and Eliminate expenses.
It goes without saying that if you have a limited budget, you will need to need to direct your expenses where it has the most impact on your business. Here are some tips to make your money go further in your business:
Harness free business support: Business support or advice doesn’t have to cost much. There are a lot of ways you can help and build your knowledge for free. Make use of the internet to research your chosen industry. You could also approach your network of friends and family or industry association to connect you with someone in your industry who are will to share ideas with you.
Sell on online auction sites: Online auction sales are a good way of getting your product to a larger audience without having to create an expensive website or pay for advertising. Be informed that most auction sites take a small commission fee for every sale which you will have to factor in making your pricing decision.
Use social media as a marketing tool: opening a Facebook account or twitter account is free and provides you with a platform to market your business to a huge wider range of audience. To gain customers and generate sales through social media, you need to have a significant online presence, which makes take time.
Order only what you need: Don’t be tempted to order large quantities of stock from suppliers in the anticipation of huge order. Have a reduced stock means spend less on storage cost, holding cost and reduce the risk of theft or damage.

Plow back Profit.
It would have taken a lot of hard work and determination, but you are now generating income. It is tempting to spend the money on yourself or some new equipment as a reward for your hard work. Avoid dishing out money on new equipment or technology unless it will have a huge impact on your business by improving productivity or operational capacity. It is generally advisable to put the money back into growing the backbone of the business.

Know When to Spend.
Like any business, there will be times when you will need to make important decisions such as pursuing expansion opportunities or new markets. You might need to spend majority or even all of your savings. Knowing when to spend or the right investment decision to make is very essential.

Foods / How To Start Profitable Popcorn Production Business by ikoiikenna: Last month on Mon 17 at 09:08am
Popcorn business is one of the top lucrative businesses anyone can start and earn handsomely. It’s easy to startup business requiring little capital but yet has a high-profit potential.
Living in Nigeria or in most Country, you would attest to the large market for popcorn business. Many If not all enjoy eating popcorn, popcorn is one of the products that sells fast like pure water.
If you are looking for a lucrative business that you can start with little capital but still enjoy a high profit, then I strongly recommend you start a popcorn production and sale business.

Popcorn business has often been regarded as a common business and is overlooked by many that want to start a business due to lack of information and this has been due to the secrecy of those already into the business, they prefer keeping the secret to themselves while they lake in all of the profit. Have you ever wondered why most established eateries around still bother to have a popcorn center, if really popcorn business is not lucrative why then does big names have a whole spot dedicated to popcorn business, almost all eateries, have it? Today through this post I will not only bring to your understanding the lucrativeness of this business but will also show you practical steps to take to start up a profitable popcorn production and sale business.

Reasons why you should start popcorn business
- Startup cost is at minimal
- Materials involved are easily sourced locally and at a very cheap price.
- There is a huge market for popcorn and it sells fast.
- Popcorn is a favorite snack to many, both to the young and old alike.
Have you been to a local festival? Have you been to the cinemas? Have you been to a party or have you taken note of the roadside why traveling?
If yes to any of the above question, please tell me what product is largely available? And have you ever witnessed or seen a huge line waiting to get popcorn in popcorn stands? Popcorn is largely consumed by all both the sad and the happy individuals. Popcorn is often referred to as a food for the depressed and in the same time referred to as the lovers’ food.
Popcorn business from all indication is a profitable business, especially when started rightly and with the right skills. You can start right off with just what you have and make enough profit to keep you financially stable.

Steps to starting a popcorn business:

1. Choose a good location
Starting a popcorn business, you can start on either small scale, medium or large scale. The small scale you can get a shop and sell directly to consumers, the medium scale you will sell to both customers and retails or resellers but on large scales, you will sell to only retailers.
Either scale, choosing a good location to start your business is essential to the success of your business. Most recommended locations are near busy roads, schools, churches and the likes as they add to your boost.

2. Get the required materials:
Basically, the required materials for popcorn production and sale business are:

The popcorn maker machine- this comes in different types but at affordable prices. The price for the machines varies depending on the type but it generally ranges from 20,000 to 75,000 in Naira (about $70 to $300).

a.Sealing Machine:
This becomes useful if you intend to start on a medium or large scale and would want to brand you products. Sealing machines cost around 10,000 to 15,000 in Naira (about $30 - $50).the quantity of sealing machines to buy depend on your intended output per unit time.

b.Nylon:
For packaging purposes, nylon is needed and also for the purpose of branding. Branded nylon would have to contain your business name, address and contact phone number because you might never know who you popcorn might interest beyond expectation.

c. Corn:
Of cause Corn is needed thus why it was called Pop Corn. Corn is basically the number one material needed for this business. Getting a Corn for popcorn making is quite easy as they are easily sourced locally. Nearly if not all local markets sell corn for popcorn.

d. Ingredients: - Sugar, Salt, Butter, milk etc.
For your popcorn to taste great and delicious, the above-listed ingredients are highly necessary. How tasty your popcorn is, determines how many returning customers and new customers you will have at every point in time so therefore it’s important you give your popcorn that irresistible taste that will keep your customers coming back for more and in doing that you need the above ingredients. Getting them is easy and very affordable.

3. Get training:
As mentioned earlier, the taste of your popcorn determines the success your will experience in this business, so it's highly recommended you get a proper training on how to produce quality popcorn. Learn the details of mixing the sugar, salt, butter and milk, following the right sequence and knowing the right proportion to use with every measurement of the corn.

4. Get started and Market your Popcorn
Haven successfully taken all the above-listed steps it’s time we start making money.
Note, however, it takes more than a good tasty popcorn to succeed in this business (though it counts and it’s very important). Advertising and marketing are very much required.
After successful production, if for the very first time use it as an incentive, give to neighbors, friends, and family or even to your prospective customers for free if necessary and ask for the comments and patronage. Target popcorn retailers, roadside sellers, and event planners thereby creating a huge market for your business

SO WHAT ARE YOU STILL WAITING FOR?
Remember, start up cost is low for this business, it requires neither expertise nor qualification and just about anybody can start and make huge profits from this business so you don’t have an excuse so start NOW!

Agriculture / How To Start A Cassava Farming And Processing Business by ikoiikenna: Last month on Sun 16 at 11:05am
As the use of cassava produce is increasing in Nigeria, so also is the cassava farming becoming more lucrative. The importance of this farm product cannot be over emphasized as a source of livelihood and food for millions of Nigerians. Many homes consume cassava product every day. Garri, wheat flour, animal feed, commercial caramel and lots more are some of the meal that can be made with cassava.

With the increasing population of Nigeria and other African countries, so also will the demand for cassava product continue to grow thereby increasing the income generated from cassava farming. Cassava product will always be categorized as a cash crop because of its guaranteed demand and reason profit after sales.

The major reason why a lot of people of have not ventured into cassava farming with the guaranteed high level of turnover is capital. Capital is a major factor for the startup of any business. With the ongoing economic recession being experienced in Nigeria, the Nigerian government through the country’s Bank of Agriculture (BOA) has now made more agriculture loans available to millions of potential and active farmers. Potential and active farmers are encouraged to take advantage of this government loans and incentives tenable them startup/improve their own cassava farms.

Cassava farming is a lucrative farming business to start which guarantees sell out of almost all your harvest. Here is a step-by-step template on how to start a cassava farming and processing business in Nigeria.

1). Select a good site for your cassava farm:
In selecting a site where you wish to setup your cassava farm, an area with drained loamy soil, adequate rainfall, and warm & moist climate conditions should be selected because cassava grows best in such areas. The location where you choose to setup your cassava farm is very important. Ensure that local farmers around are able to attest to the richness of the soil before acquiring the land.

2). Improve the soil for Planting the cassava:
This step can be totally ignored if you already selected a fertile land to grow your cassava crop. In case you didn’t acquire a fertile land then more money has to be expended to improve the soil. The under listed are some of the ways in which soil can be improved:
• Manure your soil
• Preparation of good seed beds
• Planting the cassava along with other crops, and more.
The richness of the soil is essential for the cultivation of cassava else you will lose lots of money so errors like this should totally be avoided. Sincerely, it is advisable to choose a very fertile land in order to avoid the cost associated with having to improve the soil for the cultivation of cassava stem cuttings.

3). Select the best cassava variety to plant:
There are a variety of cassava breeds that can grow. In selecting right breed attention should be given to the type which will be required by your target market, gives great yields, grows fast and are highly resistant to pests and diseases.

The success of cassava farm is dependent on the selection of the right breed to grow.

4). Select healthy cassava stem cuttings:
Cassava stem cutting is used to grow cassava crops. Choosing healthy stems is very important to growing rich cassava that your market require. Cassava stems can be purchased in town markets and villages. After the first purchase, subsequent ones can be gotten from your own farm.

5). Plant the cassava right:
Planting the cassava within all right conditions will ensure you reap a healthy harvest. Chances of good yield will be increased and availability of cassava harvest when buyers need it.

6). Setup and Production cost:
You can become a millionaire by proper implementation of all guidelines in starting up your cassava farm. In order to avoid making a loss, you need to understand the costing in starting up. Here are the areas in which cost should be ascertained:
• Cost of Land
• Land preparation
• Cassava stem cuttings
• Fertilizers
• Fermentation tank
• Hydraulic press
• Hammermill
Many other cost and unforeseen costs are not listed.

7). Marketing your cassava products:
After growing and harvesting your crops it is important to you ensure you sell your harvest to the right buyer and at the right price in order to maximize return. Here is a quick rundown of how to market your cassava produce:
• Identify your farm market
• Join farm associations
• Supply to hotels and restaurants
• Set up online store
• Supply to food markets
• Own a retail store

Cassava farming will always be listed amongst one of the very lucrative agricultural ventures if done in the right way. Try as much as possible to follow the steps enumerated above when setting up your cassava farm and you end up producing the right crop. There will always be demand for cassava produce.

Business Advice/Tips / Important Steps To Take To Become A Successful Entrepreneur by ikoiikenna: Last month on Sat 15 at 08:16pm
You hear about people who are successful. You see their smiling faces on television and social media. They look calm, confident, and happy. And you think to yourself, “I want that,” but what you should is that looks can be deceptive. Questions you should ask yourself are:
• Do you have what it takes to be a successful entrepreneur?
• Are you willing to give your all?
If your answer to be above questions is yes, then here are the tools you need to become a successful entrepreneur:

Money
You will require twice as much capital as you think you require – I assure it. Even if you are economical, you will still have to struggle not to be behind payments. You will be trying to make ends meet constantly. Even if you have significant financial backing, you will still adopt the mindset of a startup and be as economical as you can. The importance of planning cannot be overemphasized. When it comes to starting a business, your financial health is important. You should be the only one that knows your expenses and the income coming in. you will definitely feel pressured due to underfunding but it is advisable to work with someone with experience to help tame your anxiety.

Time
To become a successful entrepreneur, you will work night and day, including weekends, for a long time. Thinking about your business will consume you, to the detriment of your friends and family. You will even dream about it. For how long will your focus be intense? Most likely for years. If you cannot dedicate that much time, it is advisable to stop now. You need to be one hundred percent in because it is going to take longer than you expect.

Knowledge
You should always have the desire to learn. You are curious about everything. Of course, there will always be some part of our business that interest you more than others. Your interest in learning not only how things work but also how to do better is one of your greatest assets. You will definitely not have all the answers. That is okay because there is always more to learn. You should always be willing to seek out opinion from multiple sources. Knowledge is ultimate.

Determination
Having the desire, good plan and goals of becoming a successful entrepreneur are not just enough. You must be will to give it everything you’ve got. The determination is a perspective. It is thinking, “It doesn’t matter what is put in front of you. You will always get around it.” There will always be twists and turns, but at the end of the day, you visualize yourself at the finish line. There is no plan b.

Failure
If you never try, you never fail. Entrepreneur sees failure as an opportunity to learn. You should not see failure as not a problem, but something you learn from. You will also realize going forward, you will definitely make mistakes. What is important is that you learn from them. Do not dwell on your failures. You take responsibility for them and move forward quickly.

Becoming a successful entrepreneur can be difficult. So if you have thought about it, ask yourself – what do I so much believe in, so much want to do, that I will make effort to make it happen every day, and I will be okay with the success or failure rest squarely on your shoulder? If the answer to this question is “nothing” then don’t quit your day job.

W.E/General / How To Protect Your Bitcoins And Your Computer by ikoiikenna: Last month on Sat 15 at 10:25am
It is imperative that you protect your computer if you want a safe bitcoin environment. You never can be too sure and who knows, one day someone might just get a hold of your password and have access to your emails, bank account, and your bitcoins wallet as well.

As a digital currency, the security of your bitcoin wallet should be on the top of your priority lists. You should also know that its transactions are irreversible and publicly recorded. Bitcoin has the tendency to attract lots of thieves and hackers just like banks and other establishments. Although on the site, you are told your Bitcoin is secured, you should also take several measures to keep your Bitcoin safe and secure, and you can only do that by ensuring that your computer is also secured. To help you, here are some things that you could do to make your computer and Bitcoins inaccessible to the “bad guys.”

Use a Good Antivirus Program
On the internet today, there are so many ways you can get infected by a computer virus. Visiting a website, or opening cookies are few of the many ways your computer can get infected. For this reasons, installing an antivirus to protect your computer is necessary. An antivirus software will help you detect the presence of viruses and expel any green-eyed software.

Protect Your Computer With a Firewall
A firewall is a shield that helps filter good information from the bad coming into your PC from the internet. It also protects your computer and makes it difficult for viruses and other harmful software to gain access to the appliance.

Don’t Open Any Unfamiliar Attachments (even if they promise you Bitcoins)
Now and then, you tend to receive attachments like .zip or ex-files which are often used to mask and install malware on your computer. Hackers are aware that a lot of people are extremely curious about the things they see on their system, and they take advantage to provide you with “dangerous” attachments disguised as “cute puppy photo,” some will even promise you bitcoins. Stay alerted and didn't go opening those files!

Look at For Phishing Scam Mails
Phishing is another way hackers used to send spam emails, and you will be tempted to open it because it looks legitimate. A phishing mail can contain logos of well-known companies and web links that look like they were sent from the “official” websites of these establishments. Don't be the trick, because as soon as you click on those links, you will be directed to a duplicate illegal version of that website, and then asked to put your personal data and your passwords. At this point, the hacker has already gained full access to your digital account.

It's quite a common practice among hackers use in stealing digital identities. To protect your computer and your Bitcoins, only use a sticker on your webcam or a piece of paper that you can remove when you need to whenever you are online or carrying out a transaction.

Ensure to Check Everything About Your Vendors
The fact that you get your bitcoins from these vendors is enough reason to check whether they are registered and to know the security measures that they do while processing it.

Ensure to Use Your Computer For Transactions
It is one of the primary ways to protect your bitcoins. If you are going to be carrying out different transactions online, it is best to use your computer(this is for your security). You never know what will happen if you use a computer that you don’t own, there are so many hackers and thieves nowadays, and you need to be very careful with these simple things.

Always Use a VPN
The importance of VPN cannot be overemphasized. If you care about your internet security and other things related to it, get a VPN service provider.

Agriculture / How To Start A Cucumber Farming In Nigeria And Make Profits by ikoiikenna: Last month on Sat 15 at 07:47am
According to experts, the Agricultural sector has proven to be one of if not, the major source of income generator for the nation of the world. As it were, experts have also implied that no nation in the world can survive without an active agricultural sector. This goes to show the importance and usefulness of agricultural sector in every economy.
Except provision is going to be made for the importation of food for the survival of its citizens. Now, this write-up is meant for entrepreneur minded persons. If you are an entrepreneur and looking to start a business, then starting your own cucumber farming business will definitely be successful.

The cucumber plant is a vegetable which according to experts is one of the most widely consumed vegetable all over the world in different forms due to its health benefits. In some parts of the world, cucumbers are referred to as super food because of its overall benefit you stand to gain when consumed. Below are some of the benefits and uses of cucumber: it is a good source of A, B1, B6, C, and D, it can be used to stimulate hair growth, and it’s also used for the treatment of skin irritation. It is also effective in the fight against cancer and could also be used to treat diabetes.

Starting a Cucumber Farm
Before you start a cucumber business, ensure to have carried out a thorough research and feasibility study on the business. Always have it at the back your mind that in this kind of business knowledge is key.

1). Acquire a Suitable Farm Land
As far as this business is concerned land is the most important commodity. Studies have shown that cucumber can grow and survive in any location as long as there are the sunshine, and constant water supply. But it should be noted that cucumber grows better in a rich humid soil. Before you start your cucumber farm, it is advisable to get a land that is located in an area that is humid and very fertile to save operational cost. So a farm that is along the water is ideal.

If you choose to cultivate your cucumber farm in an area with the scarcity of rain and far from the river, then you should know you are in for a hard time and that means you will spend more on irrigation and operational cost. It is advisable to use an expert before you commence this business.

2). Harvest and Marketing your Product
Marketing of this product is very easy. Cucumber is consumed all over the world due to its health benefits which experts have highlighted which makes it very easy to market. Most people are aware of its benefit which makes it very easy to market. All you need do is inform locals that you have cucumber to sell and see how people will come rushing to your farm.
In this business, you have the option of either selling in wholesale or retail your cucumber in a fruit/vegetable market for a reason profit. You can also choose to be a major supplier to companies and group who are into the processing of cucumbers.

Conclusively, don’t forget to make us of the right pesticide whenever pest attack your cucumber farm so that your cucumber can come out big and beautiful. Healthy vegetable makes you rich with a good return. You can also choose to grow your cucumber organically. Cucumber grown organically are more expensive that those grown the normal way thereby yielding a higher return.

Funding / Smart Reasons To Get A Business Loan by ikoiikenna: Last month on Fri 14 at 10:56pm
There are different reasons why a business owner would take a business loan. Extra funding might be required because of industry related issues, or competition has made the space competitive. Business owners might find themselves in need of additional funding for countless reasons ranging from the need for expansion, additional workforce, or marketing.
Following are reasons you might need to get a business loan to help your business do better:

The Business requires more Equipment.
Whether manufacturing or creating information, there always seems to be more equipment to acquire. Ranging from computers to photocopier, expensive coffee machines to motor vehicles, the sudden need to replace equipment for a newer and more sophisticated one can come up anytime. When it does getting a business loan to is a great way to financial such major purchases.

Need for more inventory to meet increasing demand.
You can’t make sales when you are out of stock. And while having a little waiting list could make it seem like your product is in high demand, it could also give your customers time to shop elsewhere thereby leading to loss of sales. It is necessary to always have your product available, or materials to produce those products. This is where a revolving loan can be helpful, allowing you to buy inventory when required, over and over again in order to meet great demands.

Expansion.
When business is booming that can be the perfect time to take out a loan and make things bigger, because bigger is almost always better. Whether it is expanding your present location or adding a new location, it requires funding. Expanding your current location could mean renting close by building or buying new shelving. It could mean having more product or diversifying in store. It could also mean expanding to online sales or taking online sales into the physical store. All this take money.

Building business credit for the future.
There comes a point in the life of every business that you might need to borrow money. Thus, it makes sense to start building credit in the name of the business now so as to get a good credit rating in the future.

Your business needs fresh talent.
For most businesses payroll takes up a large portion of expenses. Despite how much it costs sometimes you need more manpower. That can be expensive. While investments in talent will bring in money in the long term, it can be a large expense in the short term, particular through training. A business loan or taking out cash for future payments on a structured settlement plan can be a good way for fund hiring and bring on some new, talented staff members.

Unforeseen Emergency.
There are always surprise emergency that comes up which require cash to solve. When a situation like this arise, and your company doesn’t have enough cash on hand to manage it, what business loan may be what will save you.
As you work to grow your business be sure to always have a cash reserve on hand because you never know when something will come up and you need some quick cash.

In order to aid expansion, a business loan is required.

Business Advice/Tips / Biggest Financial Mistakes Most Entrepreneurs Make by ikoiikenna: Last month on Fri 14 at 09:16pm
Money issues are the definitely the biggest pitfalls that entrepreneurs face. But the good news is that there are a number of things that can be done to avoid these problems.

Here is the most common financial mistake that entrepreneurs make (and now that you know these common mistakes, you have the power to avoid them).

Not Testing before Investing
Eager entrepreneurs will lot of money to perfect their product. Most do this before they have even tested it out to see if there is a market for it. Before you go ahead to ensure that your product is perfect, ensure you do a test run on it and get some feedback.

Spending on do-it-yourself Projects
Certainly, as an entrepreneur, you want to be able to hire contractors and outsource work. But you might not be able to do that yet. There are some simple tasks that you should do yourself, instead of hiring an outside source to do it for you. This will save you money pending when you can afford to outsource the task.

Overhead Investments
Many entrepreneurs invest in things like renting an office and purchasing expensive equipment a lot earlier that they actually need to. These are usually expensive areas and can wreak havoc on your business. Don’t invest in these things until it is necessary to.

Purchasing Extravagance
Do you really need that expensive office furniture? Maybe not, even if there are prospects coming to see it. Spending money on things that you really don’t need at the moment is a big waste of financial resources that can be used on something more pressing. That doesn’t mean you can’t have that cushy office set-up; it just means it should wait until the business can afford it.

Tax Avoidance
Most entrepreneurs are often reluctant to speak with an accountant, for whatever reason. The truth is, you must meet with an accountant, as it will save you money in the long run. An accountant can help you everything such as avoiding tax penalties, setting up with the right salary and ensuring that you are on track with your quarterly tax payments. The accountant is your friend, I promise.

Hiring before you can Afford it
Many entrepreneurs long for the day when they can hire their first employee. While this may be a good feeling, it should be delayed until the time comes that you really need to hire someone. If you hire someone too soon, then you will be taking on a big expense with very little return.

Under-Estimating Miscellaneous
Every business has miscellaneous expenditure. Those are the expenditure that doesn't make it to your business plan and was never expected. But they will come up, so assume your miscellaneous expenses are going to be a lot more that you first thought.

Money issue could make or mar your business. So you have to take every opportunity to be smart with your expenses. If you take out time to avoid the mistakes list above, you will be well ahead of the game.

Business Ideas / Top Franchises To Look Out For In 2017 by Ikoiikenna: Last month on Fri 14 at 07:24pm
Starting a business is no easy task, trying to make it profitable and all other challenges that comes is pretty much exhausting. It is a big miracle that most people are able to keep a business afloat because so many hardly survive. But for others, a franchise is the only way to stay afloat and not sink.

Considering Franchise?

The cost of franchise varies. It ranges from millions to thousands of dollars in ongoing operational costs and your initial investment, but it all depends on how complete the business package is or how big and strong the company is, and also on the industry as well. Before deciding on which franchise to invest in, you first need to know if you have the required capital to buy in or just go for a business loan. This is the time a lot of crunching numbers takes place.

So how to choose the right franchise aside knowing if you have the necessary funds? Carry out research, because knowledge is power. Let's now look at some of the top franchises that are most likely to outshine in high growth for 2017.

Top Franchises for 2017:

1. Subway
Agreed, Subway has been around for quite a long time but there are now a couple of health categories included in their menu and they're here to stay. Imagine whole wheat sandwich or salad hungry raving individuals standing in line at your register. It is something to look forward to and this five-decades-old brand might just satisfy that craving.

2. Jimmy John's Gourmet Sandwiches
Another clear sign that a lot of people are getting conscious of what they eat is the emergence of Jimmy John's sandwich shops across the States. This franchise which has been around for over 3 decades, don't seem to slow down anytime soon. It keeps growing with major support from franchise owners.

3. Anytime Fitness
This brand is well recognized globally, with a membership status that allows customers to attend their gym anywhere.Even though there’s no shortage of fitness franchises around, this particular brand has made a name for itself that's worth it.

4. Clean It
Clean it are experts in the cleaning services (both in homes and businesses) and they continue to experience growth. One of the reasons is that people tend to go for trusted names, rather than allow a novice to come into their house or offices.

5. Jan-Pro
This franchise already has a reputation of being one of the fastest growing franchise in 2016 and its seems to maintain that position. Jan-Pro offers a favorable incentive for veterans intending to be part of their franchise program for up to 20% discount.

6. Hampton by Hilton
If you are looking to invest in the hotel business, then you should consider Hampton. Its a fast-growing hotel chain with impressive future plans both in the US and beyond.

7. Right at Home
Right at home is predicted to continue growing at least 16 percent for the next 5 years, according to Forbes. The company is into hotel and hosting services and its brand name is well-recognized in growth and in size with a minimum of $150,000 in liquid assets. People love to go on vacation and trips, and they will much prefer to do so at a place popular for its name and services.

Bottom Line:
People need franchises that they can trust, so as to rest easy that their money is in safe hands. This is where the strength of a franchise brand becomes important, and 2017 is the right time to start looking into all these franchises.

Sports Trading / Re: Make #50,000 To #100,000 Monthly From Football Betting With Ease by Ikoiikenna: Last month on Fri 14 at 08:40am
Mossyb:Please I have lost so much money on betting help me send it to my email.Mossyb4praise@gmail.com. thanks


Noted. We will send it to you ASAP.
But please Share out this forum to your social media network.

Marketing & Advertising / Re: 6,000 Active Nigerian Email Addresses Database List by Ikoiikenna: Last month on Fri 14 at 08:36am
xolocious:<3>ozorjisolomon@yahoo.com


Noted. Check your mail, You will receive ASAP.

Sports Trading / Re: Make #50,000 To #100,000 Monthly From Football Betting With Ease by Mossyb: Last month on Thu 13 at 10:35pm
Please I have lost so much money on betting help me send it to my email.Mossyb4praise@gmail.com. thanks

Marketing & Advertising / Re: 6,000 Active Nigerian Email Addresses Database List by xolocious: Last month on Thu 13 at 03:59pm

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