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Where To Find The Money To Start, Grow And Scale Your Business


Dear reader,

BLOG
Where To Find The Money To Start, Grow And Scale Your Business
Cash is critical to a successful enterprise. You need money at the beginning when you start with little or no business experience and have not demonstrated an ability to make money.
You also need money when you want to grow and scale the business to new heights.
While your business plan provides a guide for estimating the initial financing that you need to start and run the business until it becomes profitable and starts generating enough revenue to sustain it, you equally need a financial plan when you want to expand the business.

NEWS & TRENDS
NAFDAC Cuts Processing Fees By 65% To Assist SMEs
The National Agency for Food and Drug Administration and Control (NAFDAC) has taken steps to assist Micro, Small and Medium Enterprises (MSMEs) in coping with the temporary economic challenges resulting from the removal of the petrol subsidy.
As part of these efforts, the agency has reduced administrative charges for the late renewal of NAFDAC-regulated products. This move aims to create a more investment-friendly business environment, which is needed in response to current realities.

START YOUR BUSINESS
How To Use Market Research To Find Customers For Your Small Business
Market research is an essential tool for small business owners to find potential customers. You may have heard of this term while creating your business plan, but unfortunately, many businesses do not conduct market research as often as they should.
Conducting market research can help you confirm and improve your business idea by blending consumer behaviour and economic trends.
It is crucial to understand your target audience from the very beginning, and market research allows you to reduce risks even before your business is fully established. You can gather demographic information to better understand opportunities and limitations for gaining customers.

MANAGE YOUR BUSINESS
5 Tips To Optimise Your Small Business Record-Keeping
Record-keeping is an essential financial practice that cannot be ignored. It helps businesses gain valuable insights, comply with regulations, make informed decisions, and grow.
In this article, we will discuss five (5) tips to optimise small business record keeping.

GROW YOUR BUSINESS
3 Tips For Transforming Your Business Expertise Into Thought Leadership
To elevate your brand’s visibility and perception, you must establish your business as a thought leader.
One of the best strategies for transforming your business as a thought leader is by utilising the internet to express your ideas and expertise in your field.
But becoming a thought leader takes hard work, patience, education, and a well-developed strategy. Luckily, many small business owners and managers already have the experience and education as business people in their respective fields.
To transform your business expertise into thought leadership, here are a few tips that you might find helpful:
SME TV
BUSINESS ACCELERATOR
The Business Builders Accelerator Programme
Small businesses can benefit greatly from a strong support system, just like big corporations do.
Access to mentors, advisors, and other resources can provide valuable insights and connections that accelerate growth and help overcome challenges.
Take your small business to the next level with the Business Builders Accelerator Programme, a comprehensive training and mentorship programme designed to help you achieve your unique business goals.
Our team of experienced professionals will work closely with you to develop a customized plan for growth, providing one-on-one support and guidance every step of the way.
Don't navigate the challenges of business growth alone - let our experts help you build a self-sustaining, successful company that thrives for years to come.
Click the button below to get started today!

BOOKS
The Small Business Handbook
Gain invaluable insights from renowned Nigerian entrepreneur Ted Iwere, whose experience and expertise have helped countless small businesses thrive.
In his comprehensive eBook, The Small Business Handbook, he shares the proven strategies and lessons that have driven his own success, providing a wealth of practical guidance for small business owners looking to grow their ventures.
Don't miss out on this opportunity to learn from the best - get your copy of The Small Business Handbook today and take your business to new heights!

Get more from The Business Builders!
· Read back issues of our blog.
· Buy The Small Business Handbook.
· Enrol for The Business Accelerator Programme.
· Download our FREE eBook on How To Find The Money to Start, Grow and Scale your Business.
· Watch SME TV, our YouTube Channel.
· Sponsor The Business Builders Newsletter.