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This New Startup Wants To Help You Make A Lot Of Money

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I used to have this friend that cooked so good, myself and some other friends were always looking for reasons to pay him a visit. This was in my university days. Some good times. I am passionate about helping people as much as I can So when Help Me Nigeria reached out to me about this publication, I didn’t hesitate one bit.

If you are passionate about cooking, driving, housekeeping and you are reading this, this one is for you.

Also, if you are into the fumigating business too. Your skill is in high demand. Gone are the days when people looked down on cooks, drivers, housekeepers and fumigators.

You guys are making a lot of money these days being your own boss. For real, there is nothing as sweet as being able to be making money and still have your own time. Time is indeed the most pleasure thing in life.

So you are passionate about cooking, driving, housekeeping, fumigating, or have any other skills you hold really dear. You should partner with Help Me Nigeria. You can make as much as ₦150,000 monthly with just your mobile phone and your skills.

Call: 09070000747 right away to get involved. Also;

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Facebook: helpmenigeria

Instagram: @helpme_nigeria 

Twitter: @helpme_ng

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Business

5 Steps to Ensure Business Success in and out of Recession

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A lot has been said about Nigeria slowly coming out of recession. This being a welcome news does not however, take away from the fact that the ripple effects are yet to be truly felt by many in the economy. It is still a case of cautious optimism at the moment.

The private sector has been in a precarious situation with the business environment in the past two years not providing the best of terrains for businesses to flourish; This sector appears to be most hit as there is no buffer in lieu of  access to huge financial support as the government sector does. Keeping a business afloat becomes a necessary challenge that requires strategic planning.

Here are some steps to help businesses remain viable even after coming out of recession

1) Perception

The most important thing about recession is the change it has on the business environment, thus businesses must see this as an opportunity for advancement. Find ways to take advantage by providing added value to your product or service.

Engaging in more communication with your clients also helps them appreciate the changes on their finances. With better perception they are more willing to pay for added value.

2) Plan and outline your goal

The changes necessitated by recession needs you to have a strategic plan in place. Documentation becomes very important. You will need to reinvent your business, pay attention to consumer trends knowing that recession also has an effect on them. Create a new competitive advantage, be it a focused niche or super service.

3) Keep a daily track of your finances

Pay more attention on your most profitable products or services. Reduce on products that have low turnaround time or could tie down capital. Concentrate on value expenses that improve profits.

Also, rather than giving discounts provide added value that is paid for.

4) Check your marketing strategies

The internet is a perfect means of putting your products in the market. Take this advantage and get more out of existing clients. Happy customers improves your business (There is no better marketer than a satisfied customer)

This expands your market reach if you’ve made efforts to create a niche based on the uniqueness of your product.

5) Keep track of everything

Have a daily track of numbers helps you maintain consistency and work strictly  based on what the numbers say.

Keep with us  for more business tips, and let us know how much these tips have been of help to you..

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Business

Is Your Business Really Progressing?

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Marketing is very important for business growth. The products and services provided must be known to potential buyers in order to sell. Online marketing is very cost effective, has a wide reach and provides easy monitoring and tracking. While offline marketing enables face-to-face interaction, covers a wider demographic and so on. Great!

However I recently noticed a large amount of Small, medium businesses use popularity gained from marketing as a yardstick to measure business progress.

Marketing is a tool to ensure increase in sales not an activity to gain popularity, neither does popularity necessarily translate into sales.

The sole purpose of a business is to generate revenue and make profit; therefore the only way to measure the progress of a business is through financial data showing the amount of actual expenses, sales, revenue generated and if revenue generated amounts to profit or loss hereby analyzing the performance of the business and making predictions about the direction of the company.

Do you have a financial structure? Do you have an overview of your total expenses and revenue? Are your sales equivalent to your budget on marketing and operations? Do you have an idea of the cash flow of your business? I.e. The money being transferred in and out of your business.

Do you spend personal funds on business processes without tracking or monitoring these expenses or the return on such investments?

If you do not know the current position of your business, you cannot possibly know the destination of your business. A business might be gaining popularity but your only true scorecard is your financial statement. Only your financial records can tell you the genuine position and measure the growth of your business, help identify and tackle risks, ensure proper planning and help make the right investment decisions for the business. Without financial records you do not even have a business.

I’m sure you have great wishes and plans for your business, first you’ll have to build a strong financial structure and ensure you’re totally aware of the financial position and destination of your business at all times.

Written by: Opeoluwa Runsewe

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