The current state of the country has posed some challenges to companies. In this time of recession, every company has to think outside the box and find a way to survive. Since the beginning of 2016, Nigerian companies have faced a series of economic problems, such as a lack of foreign exchange for imports. This has created serious bottlenecks in […]

We can start filing personal taxes in a few days, this coming Monday. (Note that the IRS STILL won’t have several forms ready to go until the end of next week. Thanks to retroactive changes to the law that Congress passed late last month.) So let’s go over what it can and can’t do. Oh no you can’t!!!!! Let’s start […]

Oh no, not again. Yes, that’s right, I’m not going there… at least not for today. There is no shortage of excuses and reasons why small businesses can’t get approved for business loans. It never ceases to amaze me how much coverage this topic receives, especially when the national economy is in recession or when important political careers are at […]

If you’ve always dreamed of owning your own business, but not necessarily starting from scratch, buying an established business may be right for you. There are many businesses available for purchase, from franchises to sole proprietorships. Companies do not always advertise that they are for sale. Sometimes you may not even know a location is going to close until they […]

In these days of slashed government budgets, price is even more of a factor now than ever before. Whether the acquisition specifies the best value or the lowest technically acceptable price (LPTA), doing your homework and sharpening your pencil to get the most competitive price is likely to be the difference between winning and losing a major competitive acquisition. Many […]

How do companies choose their operating cycle? How do companies choose their cash conversion cycle? What is the impact of the company’s operating cycle on the size and timing of investments in accounts receivable and inventory? How do seasonal and cyclical trends affect the company’s operating cycle, cash conversion cycle, and current asset investments? These strategic policy issues relate to […]

The Internet has opened a new era of business opportunities. Falling Trade Barriers Combined With Easy Access to exchange information thanks to the Internet have created dramatic possibilities and sparked the growth of global online commerce in virtually all areas. Many companies are taking great advantage of electronic media aggressively making new contacts, accessing new markets and reduce costs with […]

All the large and well-developed companies in the market have adopted the best technologies (such as ERP, for example) for their business environment so far. Sellers today have to target small and medium-sized businesses in order to sell their product. Taking into account that all these small or medium-sized companies are in continuous development of the strategy of this provider […]

An important but often overlooked element of planning a startup is deciding how you want it to end. In other words, knowing your exit strategy during the planning stage can heavily influence any number of decisions you need to make. The top five exit strategies, covering more than 80% of entrepreneurs, are: Strategy #1 — Sell to Outside Investors Some […]