Monthly Archives - February 2018

WHY YOUR “TERMS OF USE” IS IMPORTANT.

Dear Subscriber, In the last decade a lot of businesses have migrated online and it’s now commonplace for entrepreneurs to count website development as an integral part of the startup process. One of the most important but often overlooked parts of a website development project is the creation of Terms of Use page. Typically website owners pay scant attention to this page because of typical assumptions like:  Does anyone ever read that mumbo jumbo at the bottom of websites? Do [...]

Corporate Governance Nigeria

CORPORATE GOVERNANCE EXPLAINED (UPDATED)

SMEs are essential to economic growth all over the world as they are a major source of employment and contribute towards the gross domestic product. Statistics however show that 50% of SME’s fail within the first five years of existence and one of the main reasons for this abysmal statistic is the lack of proper business structure also known as Corporate Governance. Corporate or company governance is a term that has been trending recently and it is now proven that [...]

Founderes guide to venture capital

THE FOUNDER’S GUIDE TO VENTURE CAPITAL

Dear Subscriber, At inception businesses are typically financed by the 3 ‘F’s (i.e. Friends, Family and Fools) but at the point when a Company is desirous of scaling its growth it is common that it seeks Investors to bring in funds to help propel its growth in exchange for equity(certain number of shares). Investing at this stage of the business comes with a huge load of risk as the Investor could either make significant returns when the shares grow in [...]