FINANCING OPTIONS FOR SMALL AND MEDIUM ENTERPRISES (SMEs) IN NIGERIA Unfortunately, the SMEs in Nigeria have underperformed despite the fact that the SMEs in Nigeria constitute more than 90% of Nigerian businesses, their contribution to the nation's GDP is below 10%. This very low percentage con...
Free cash flow is a valuable metric for businesses of all sizes, as it shows how much money a company has to draw on. Several players review this metric for different reasons: Business owner. To understand their company’s ability to generate cash, so they can manage their cash flow effici...
…The planning process for Thanksgiving turkeys is decentralized through markets. Millions of people at various points in the process plan small things that are within their power to control, and with the aid of the price system, people get the turkeys they want. …This Thanksgiving, be ...
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We noticed that entrepreneurs and small business owners now rely on high-interest loans to fund their businesses and this got us thinking about the traditional Adashe/Ajo practice with which Africans raised capital and conveniently funded their businesses as a community. This motivated us to build...
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For American small businesses, shutdowns and COVID-driven changes in consumer spending habits have had dramatic and lingering effects across multiple industries. One of the first areas to be particularly hurt by the coronavirus was restaurants and bars. Chinese food restaurants showed significant ...
Assignment: Loans and Equity The U.S. Small Company Association (SBA) continues to be aiding‚ helping‚ counseling‚ and safeguarding the interest of smaller businesses and their concerns since 1953 (www.sba.gov 2010). They recognize the key role smaller businesses took part in the buildin...