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How to Get A Job and Keep It!

Getting your dream job is easy if you know how to go about it. Sadly, many job seekers do not know how to get the kinds of jobs they desire and many others settle for the usual “there are no jobs nowadays” byline that we hear every-day and everywhere! Truth is, there are thousands of jobs out there, the…

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POS/ATM Transactions: Is Your Bank Stealing Your Money?

How to Avoid Losing Your Hard Earned Money to Banks

        Its Friday, 20th July 2018. 11a.m precisely. The July rains are slowly drizzling outside the premises of the branch of a highly capitalized Nigerian commercial bank, Mrs Onome Arikpo (not real names) walks into the banking hall and heads straight to the customer services personnel, “Please am here again for my POS matter, you asked…

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Why Do Retail Businesses Fail So Fast…Part 2

Why Do Retail Businesses Fail

Business Killer No 6: Inadequate Capital and wrong Application of the Available Capital As a retail business, you will hold inventory, either in your warehouse or shelves and inventory ties down money. Even if you want to stock “lean”, by holding minimal levels of inventory, your capital will still be tied down. Also, you will need assets e.g. computers…

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Strong Reasons Why Retail Businesses Fail: The Critical Failure Factors (CFFs)…Cont’d

  “Success in business is 90% perspiration and 10% inspiration”(Thomas Edison,1847-1931). Jack Dorsey,founder of Twitter and Square, twitted in 2013 to his followers and said ” Success is never accidental”, See “Zero to One“, by Peter Thiel. Inspiration is lifting but perspiration completes the equation. If you are going to succeed in retail, you must deliberately work on those…

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Why Retail Businesses Fail: The Critical Failure Factors (CFFs)!!

Reasons Why Retail Businesses Fail: The Critical Failure Factors (CFFs) Many retail businesses start off well but along the way, something goes wrong and they fail. As you are reading this, you probably know a few businesses who started so well as just fizzled out ! Well, this isn’t strange at all. Many businesses fail across different industries and…

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Critical Factors for Retail Business Success!

In our previous post, we talked about some key principles and factors that you need if you really want to succeed in your retail business. Some of those factors include your people, processes, product and personality. This post addresses  two other very critical success factors: Innovation and Technology. Two other equally critical factors: Location and Capital will be addressed…

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Use these Factors to Succeed in Any Retail Business!

Retail Business

Retail business is a very exciting and profitable business to do and just like all of life’s successes, success in retail business is a also journey. To succeed in retail, you must engage those success principles that will ensure that you make more sales, control your inventory, expenditures & losses and set you up for further expansion! In a…

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Somebody Help!! ”I Don’t Know What To Do With My Money!”

So, now you have saved the capital or at least you have some money to do business, right? Ok, so let me ask you this: what business do you want to invest that money in? Obviously, you can’t do everything; you can’t invest in every business even if you had all the money, capacity and all other resources in…

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