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Finance

COVID-19 Economic Stimulus (OG-CARES) in Ogun State

COVID-19 Economic Stimulus (OG-CARES) in Ogun State

Finance
Economic stimulus refers to various efforts by the government to apply a fiscal policy or economic policy to stimulate the economy by increasing consumer confidence and boost economic activity so that businesses and households can regain momentum and get back on their feet.The Nigerian Federal government ealier approved the appointment of Dr Abdulkarim Ali Obaje, as the National Coordinator (NC) for Federal CARES Support Unit, Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) being implemented in the 36 States of the federation and the FCT.The appointment has been endorsed by the World Bank Nigeria Office. In the appointment letter, signed by the Minister of State, Budget and National Planning, Prince Clem Ikanade Agba. The minister noted that the appointment was ...
Crisis Management With An Emergency Management Plan

Crisis Management With An Emergency Management Plan

Finance
Crisis management is an element of strategic management. It describes a set of skills that enables organizations to successfully deal with unexpected events or circumstances that cause damage to the organization and its processes and results. Crisis management is essential in all organisations, regardless of their size, and especially when the resources are limited.The field of crisis management has been around since the 1980s with major events causing mass shutdowns and social chaos. Major incidents such as theGulf oil spillEarthquakesPolitical turmoil PandemicThey have all been known catalysts to the massive industry-wide crisis. The study of crisis management originally originated with large scale natural and industrial environmental events which in turn generated massiv...
Nimble Accounting Software: Best Solution for Accountants

Nimble Accounting Software: Best Solution for Accountants

Finance
On-point accounting and bookkeeping software like the Nimble accounting software is a must for all firms, big and small in order to make well-informed and near accurate business and financial decisions. When firms rely on manual reporting for the purpose of accounting, they are likely to face various hurdles in the form of delay in output, lack of flexibility and unmindful misappropriations and errors.Organizations are forced to encounter these obstacles, even after shelling out a heavy sum towards accounting overheads. The good news here is that you can now safeguard your firm’s accounting function by turning to the Nimble accounting software.What is Nimble Accounting all about?Individuals, who are associated with the field of accounting and bookkeeping services will be happy...
7 Business Success Secrets from Top Entrepreneurs

7 Business Success Secrets from Top Entrepreneurs

Finance
In a publication by fortune magazine entitled “The Best Advice I Ever Got.” The publication was a great post with lots of business success secrets about how the top and successful entrepreneur in the industry has been achieving their business success.I loved the article so much and it so much motivated me to produce write this article titled, 7 Business Success Secrets from Top Entrepreneurs which describes the best leadership advice from differentSuccessful CEOsBusiness CoachesBusiness ConsultantsProfessorsBusiness ManagersBusiness ExecutivesCompany presidentsTop PoliticiansReligious leadersWho revealed most of their business success secrets tips and practices that helped them become effective and successful leaders in their business.Now, here are the 7 business success s...
How to Use Loan as Debt Management Plan and Counselling

How to Use Loan as Debt Management Plan and Counselling

Finance
A good debt management plan will allow you to pay off your loan debts at affordable rates. This plan is suitable for someone who has a non-priority debt like credit or store cards, overdrafts and personal loans. The debt management plan provider help their customer to work out an affordable payment and talk to their creditors.There are many free debt advice organisations that can arrange a debt management plan to make sure that all the money a client pay into it goes towards paying off its debts. This simply means that the client could be debt-free sooner than he/she hoped for.How to use loan for debt management and counsellingA single option that many people take when they are owing a debt that they can't rid themselves of alone when the bills are piling up and it cannot be p...
7 Best Candle Making Business Tips for Startups

7 Best Candle Making Business Tips for Startups

Finance
Candle making business can be great fun if you have good candle business tips. Most people choose to take their flair of starting a private label candle business to make money doing what they enjoy spending their leisure time on. There are many areas of the candle business you need to consider before embarking on such an adventure.Do you know that making quality candles isn’t enough? You need to be educated on ways to to start a successful candle business and how to promoteYour candlesOrdering suppliesOffering customer serviceDetermining a price for your candlesEverybody knows that candles are a very popular item, so the market for candle supply companies is out there. However, that market cannot purchase your candles if they don’t know about them. You will need to establish ...
5 Best Tips to Improve Customers Loyalty and Retention

5 Best Tips to Improve Customers Loyalty and Retention

Finance
According to statistics, 70% of customers choose to buy from companies that have excellent customer service. However, bringing in the customers isn’t the only solution to business growth or improved ROI. Other than acquiring a new audience, improving the customer loyalty to gain new users and retain the existing users is also vital.In fact, successful customer loyalty and retention strategies are required for all businesses and brands. Hence, businesses contributing to customer loyalty are capable of driving customer engagement and acquiring new visitors.In addition, every company strives to respond to customer requests as quickly as possible and go above and beyond to meet their needs. The biggest challenge, however, is dealing with an overburdened customer service inbox.Thi...
5 Tips How Personal Loans Can Help You Save Money

5 Tips How Personal Loans Can Help You Save Money

Finance
When a financially unstable time hits like that of the economic recession induced by the unprecedented COVID-19, we tend to get loans to manage our finances. When we need to pay for a medical emergency, education, or wedding, we resort to loans to avoid dipping into our savings or investments.Personal loans online are unsecured, big-ticket loans provided to salaried and self-employed individuals by money lending institutions. Personal loans online are easy to get and have lower interest rates as compared to credit cards. Since a personal loan is unsecured, there is no requirement of pledging any asset as collateral.It also serves multiple purposes, and there are no restrictions on the end-use of the loan amount. However, some factors impact your personal loan application, like you...
The Pros and Cons of Business Setup in Dubai

The Pros and Cons of Business Setup in Dubai

Finance
There are many reasons why you should be doing business in Dubai. Because of the strategic location, longstanding culture, and high-end infrastructure, UAE is emerging as the world’s strongest economies. Hence, the sustainable business sector invites entrepreneurs from all over to world for business setup in Dubai.UAE has an attractive and high-potential business environment. The stable economy, continuous growth, tax-free regime, and easy company formation process make UAE the best place to start a business.The local authorities and government are encouraging investors to setup a business in Dubai. The emirates provide cooperative rules and regulations for foreign entrepreneurs. However, the business setup in Dubai procedure is very simple. This place provides great scope and opp...
3 Ways Unemployed Can Be Financially Stabilized

3 Ways Unemployed Can Be Financially Stabilized

Finance
The lenders who are specialized in providing loans to people with low income will also provide loans to those who are unemployed. The budgeting loans, low-income loans, credit loans, and benefit loans can be credited to jobless people. All these are dependent on your monthly income and your present monetary circumstance.Being unemployed doesn't generally imply that you have no income accessible. A few moneylenders are as yet able to give advances to individuals on advantages since this is graded as income.Are you out of your work?Don't you have a regular income to depend on?Are you in utmost need of cash?Do you want to borrow money from the loan agencies?Are you petrified that the lenders will turn down your loan application?If so, you must believe that being jobless doesn't n...
6 Top Secured CBN Loan Funds For Entrepreneurs

6 Top Secured CBN Loan Funds For Entrepreneurs

Finance
The CBN loan is the amount of financial support given to individual or institutions with a condition the loan grants will be repaid on a later date with or without interest. Money is a necessity for business owners and entrepreneurs personal needs and business ideas to be materialised.A secured CBN loan is a loan in which the loan borrowers will pledge their assets which comprise movable assets, properties, and so on. These assets are always worth more than the amount of the loan, and the Central Bank of Nigeria can claim the assets if the loan borrower does not pay back the loan according to the loan agreed terms and conditions.These CBN loan terms and conditions for accessing the secured loans are general and specific requirements that normally form important parts of the loan a...
Tips for a Personal Budget Plan For a Stunning Lifestyle

Tips for a Personal Budget Plan For a Stunning Lifestyle

Finance
Luxury isn't confined to the rich and famous. While everyone's idea of luxury and how to live luxuriously varies, it typically means tossing the personal budget plan out the window and splurging on something special: a pricey handbag, a spa day, dinner at a top-rated hotel, or foreign travel. You get the picture.However, loving luxury does not have to mean disregarding the personal budget plan. It is possible to enjoy a luxury lifestyle without breaking the bank. Evaluate the idea of luxury and how you want to reward yourself on occasion. For more info, you can read the blogs and can follow to live a luxurious lifestyle on a shoestring personal budget planAffordable Tips On a Personal Budget Plan For a Stunning LifestyleThe personal budget plan is a financial plan to allow yo...
Using Law of Attraction to Create Your Personal Wealth

Using Law of Attraction to Create Your Personal Wealth

Finance
The law of attraction is probably one of the twelve known laws of the Universe that govern abundance to a greater degree. It's also the least known law, which makes it more enjoyable than the others. We'll discuss the first law in this article, prosperity, then we'll move on to the second law, abundance, and finally we'll talk about The seventh Commandment - to Wealth.One of the great things about the law of attraction and abundance is that it is a matter of your taking creative visualization for change. When you put forth effort into changing something through your actions, you create a reality where change happens for you.So when you are focused on creating wealth or attracting abundance to yourself and your life, you put forth creative visualization which is very similar t...
Basic Problems of Entrepreneurship in Nigeria

Basic Problems of Entrepreneurship in Nigeria

Finance
Problems of entrepreneurship in Nigeria has become a matter of great concern for businessmen as the economy is getting badly affected by the recession. Many businessmen are finding it difficult to cope with the problem of running a business while the government is unable to provide businesses enough funds.Problems of entrepreneurship in Nigeria are many, and the list could go on. The challenges that Nigerian entrepreneurs face are very similar to those faced by international entrepreneurs in many ways, yet the conditions on the ground in Nigeria are a lot worse than they are for their international counterparts.The reasons for this are many and includeLow investment returnsLack of market penetrationEndemic corruptionLack of access to technical skills, etc.All these are...
5 Best Small Business Funding Sources For Entrepreneurs

5 Best Small Business Funding Sources For Entrepreneurs

Finance
Small business funding is essential for the survival of your small business. While there are many options for you to obtain small business funding, not all of them will be right for your particular situation.Small business funding is often misunderstood by business owners as being difficult to find or hard to qualify for. This misunderstanding leads to expensive application and processing fees that companies often don't have to pay until their loan gets approved.Banks are not the only source of small business funding available. There are many private investors, business equity firms, venture capitalists, and government programs that can provide small business owners with the capital they need to grow or expand their business.Traditional banks are usually the first though...
14 Curious Facts about Gold Value to Make You Rethink

14 Curious Facts about Gold Value to Make You Rethink

Finance
Gold is historically connected to money and investment. It’s the one asset that has maintained its value through the ages. This has been highlighted by the global COVID-19 pandemic, which has pushed gold value and price to near-historic highs.Top hedge fund founders are bullish on gold value and private banks are recommending that the wealthy allocate 5-10% of their portfolios to the yellow metal, according to Reuters. The Wall St. Journal reports that interest in trading is soaring and that includes trading gold.In this article, we’ll share some interesting stats and facts about the gold value that might make you rethink this precious metal’s place in your investment portfolio.Gold’s Fascinating HistoryAstronomers believe we have the collision of neutron stars to than...