Monthly Archives - May 2015

31 May

COMPLETE INVESTORS GUIDE TO NIGERIA (2014)- FREE DOWNLOAD

With the recent successful handover of power from ex-President Goodluck Jonathan to President Muhammadu Buhari, Nigeria has given the world another reason to consider it as a preferred Investment destination. Apart from political stability (since 1999) other reasons to consider an investment in Nigeria include Large Consumer Market (Population is estimated at 200m and growing), Abundant resources, Strong Banking and Financial Sector, Free Market Economy, Improving infrastructure, Government Incentives etc. The Nigerian Investment Promotion Commission (NIPC) has now created an Investor’s [...]

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18 May

DOING BUSINESS IN NIGERIA: WHY YOU NEED A NON-DISCLOSURE AGREEMENT

WHAT IS A NON-DISCLOSURE AGREEMENT? -           - I have a brilliant business idea.  -I need Investors and Partners.  -         -  Who do I share my idea with?            - How do I ensure my idea is not stolen? Ideas rule the world and most entrepreneurs have probably been faced with the fear of losing their business idea to potential investors/ partners. It’s in situations like these that a confidentiality agreement otherwise known as a Non-Disclosure Agreement (NDA) becomes applicable, simply speaking it’s [...]

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10 May

7 SIMPLE WAYS YOU CAN PROTECT YOUR IDEA FROM THEFT

(INITIALLY PUBLISHED ON FORBES.COM) As a business grows, pitching becomes increasingly important. As the business seeks investors, new clients, or even new employees, a business owner must repeatedly reveal details about the company to others. Idea theft is an ongoing concern for many of these business owners, who see themselves as having an advantage by being at the forefront of the market. A competitor could snatch the idea and put it to use themselves, leaving the business with little recourse. Interestingly, however, [...]

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03 May

DOING BUSINESS IN NIGERIA: BUSINESS NAME OR LIMITED LIABILITY COMPANY?

This is a continuation of our series on Doing Business in Nigeria. Every prospective business owner must decide whether it will be a Business Name (BN) or a Limited Liability Company (LLC). The choice depends on the type of business you run, how many owners it would have, and your financial situation. No one choice suits every business: Business owners have to pick the structure that best meets their needs. Through this article you will be introduced to the [...]

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