Resources

Articles/Presentations

Capital

The term “capital” means different things to different people. Simply, capital is money used to start a business. The accountant sees capital as money invested in a business to generate income. The economist on the other hand, sees capital as one of the factors of production (alongside land, labour and entrepreneur) used to create goods or services, with its reward being interest.

Ecommerce - Selling Your Products and Services Online.

Taiwo makes beautiful Ankara “infused” shirts and delivers first class service to his customers. He is much loved and respected so much that his customers refer him to others, and he has built loyalty with them. Taiwo however knows that the value he offers is needed by more people whose locations are significantly distant from his store, and he wants to take his business to them.

QUALITY CONTROL 101

So, finally, everything is in place. LSETF loan. Check. Office space in Ikeja. Check. Latest IT technology. Check. Quality control process. Err... What’s that?QUALITY CONTROL 101. So, finally, everything is in place. LSETF loan. Check. Office space in Ikeja. Check. Latest IT technology. Check. Quality control process. Err... What’s that?

You've Setup Your Business, Now What?

It's been 6 months since Kevin attended the wedding reception that spurred his "Eureka" moment to start his catering business. The small chops were like sawdust and most wedding guests left their plates untouched. At that moment Kevin had the idea, to set up a small chops business that provided delicious small chops in packs that retained their freshness and hotness for up to 8 hours.

Competitive Advantage

In business, competitve aadvantage is the leverage that your business has over its competitors. This is what makes you better than the competition in your customers' minds.

Memorandum of Understanding (MOU)
Frequently Asked Questions (FAQs)

An MOU is a written agreement between parties which states the conditions, roles and intentions of their contract. Click the download button below to find out more about MOUs and its FAQs

Shareholders, Share Capital & Share Allocation at Incorporation

A Shareholder is a member of a company who owns a portion of the company (also known as shares). Click the download button beow to find out more about Shareholders, Share Capital & Share Allocation

Lagos State Signage and Advertisement Agency (LASAA)

The Lagos State Signage and Advertisement Agency (LASAA) is an agency responsible for the regulation and control of outdoor advertising and signage displays in Lagos State. Its primary functions include issuing licenses and permits for outdoor structures and maintaining a database of these structures.

Pay As You Earn (PAYE)

Pay As You Earn (PAYE) is a form of tax an employer deducts from an employee’s wage or salary. It is also known as Personal Income Tax and is based on Section 81 of the Personal Income Tax Act (PITA).

LASAA Mobile Advert Rate Card for 2017 Road Show

LASSA mobile permit and branding

LASAA Mobile Advert Rate Card for 2017 Retail

LASAA mobile permit and branding

Lagos State Local Government Taxes & Levies

As a business owner doing business in Lagos, you may be required to pay some local government levies to the local government council or local council district authority in which your business is located.

NDA

A Non-Disclosure Agreement (NDA), also referred to as a Confidentiality Agreement is a legally enforceable agreement in which parties agree on the type of information, documents or details that are to be considered confidential and secret.

BOOTSTRAPPING YOUR BUSINESS

You've been ruminating on this idea and it's consuming all your thoughts. So, you smash your piggy bank, count your Kobo and Naira hoping there are no rainy days soon. You also quit your 9-5 (or not) and use the little capital you've garnered to birth this idea. You cut down on luxuries, get your product in the market, gain few customers (or not). Congratulations! you just bootstrapped your business.

BEFORE YOU HIRE YOUR FIRST STAFF - READ THIS

You’re finally ready to hire your first employee, what next?

BEFORE YOU TAKE THAT LEAP - SIDE HUSTLE

Many businesses have their origin in a side hustle. Sometimes the side hustle is from trying to raise extra cash, sometimes it is from chasing your passion. If you are currently in that side hustle phase, here are a few questions to consider

7 TRAITS OF AN OUTSTANDING BRAND

Let’s play a quick game. Close your eyes, now say ‘brand’. Open your eyes. Now, what was the topmost thing on your mind when you said brand? Nothing? Let me guess, something popped up, isn’t it?

UNDERSTANDING CONTRACTS FROM A LEGAL PERSPECTIVE

DEFINITION OF CONTRACT : A contract is an agreement between two or more parties where legal rights are created which the law will enforce.