Background It is now common knowledge that Nigeria is a veritable breeding ground for startups. In recent times, startups in Nigeria have grown in an unimaginable proportion. Notwithstanding this increase in growth, only a handful of them have been able to withstand the storm. A lot of other startups are usually washed off the shores…
When starting up a business, sometimes there is that friend, relative or even simply a colleague that shares the same passion and interests as you, that makes you realize it would be ideal to partner with that individual or all those individuals to startup the business together. What is Partnership? Partnership is the legal relationship between you and that individual or those…
The idea of Corporate Social Responsibility presupposes that there is in existence an entity or what can at best be described as a corporation. The key word there is “corporate” which denotes a coming together of two or more people to propagate an idea. This idea could be floating of a business or establishment of…
For any Venture, Organisation, Association, or similar endeavour to enjoy legal status, it must first be incorporated. Definition of Incorporation ‘Incorporation’ refers to the registration of a business venture, Charity Organisation, Association, etc. with the statutory body legally empowered to oversee such registration – which, pursuant to the provisions of the Companies and Allied Matters…
Entrepreneurship has become prevalent in today’s society. Given the lack of employment opportunities and poor remuneration of a large part of the employed population among other things there has been a deplorable rate of unemployment and employee financial satisfaction. Nigerians, ever so resourceful as we are, have refused to sit idly and wait for what…
As a business operator one thing that should be of utmost importance is the structure your business model is going to take in order for the business to run effectively and efficiently. Finding the right model ensures that as a business owner, your business does not fall into a very avoidable ditch. The Companies and…
