When you are running a business, it is often tempting to think how useful it would be to have a crystal ball. Being able to see what was coming could make a huge difference, and it would certainly make decision-making a lot easier. However, this is never going to happen in the real world. If you want to keep your business going strong, you need to be aware of the various things that can happen to it. As long as you bear in mind all the potential pitfalls, it is much more likely that you will be able to keep it going smoothly. With that in mind, let’s take a look at some of the key ways in which you can keep your business going strong, no matter what.

Value Your Employees
If you are a keen entrepreneur, you are probably already well aware of the massive importance of your employees. They are one of the most important aspect of your entire operation. After all, without them there would be no business to speak of. Therefore, looking after your business must include looking after them. If you do not look after your employees properly, it is unlikely that your business will function well. Valuing your employees means that you go out of your way to show them that they are appreciated. This can be reasonably expressed through benefits and bonuses, or simply by communicating it to them in person. As long as you are doing it, your business is much more likely to remain strong.

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how do people export sef
Year-on-year, exports decreased by N24.4 billion or 1.0 per cent against the export value recorded in the corresponding quarter of 2015, while imports value was 6.2 per cent more than the N2.27 trillion recorded in the preceding quarter, and was an increase of N724.8 billion or 42.9 per cent compared to Q3 2015. According to the bureau, the structure of the country’s export trade was still dominated by crude oil exports, which accounted for N1.94 trillion or 84.2 per cent of the total domestic export trade. The highest export product for the country in 2016 was mineral products, accounting for N2.24 trillion, or 97.3 per cent, while other products comprising prepared foodstuff, beverages, spirits, vinegar and tobacco contributed N24.3 billion or 1.1 per cent to total exports. Also, vegetable products contributed N9.4 billion, or 0.4 per cent of total exports. A further breakdown of export trade in Q3 showed Nigeria mainly exported goods to Europe and Asia, accounting for N767.7 billion, or 33.3 per cent, and N672.8 billion, or 29.1 per cent, respectively. The country also exported goods valued at N371.2 billion, or 16.1 per cent, to Africa while exports to the ECOWAS region was valued at N190.3 billion. On the other hand, imports were dominated by mineral fuel, lubricants etc.; machinery and transport equipment; and chemicals and related products, which accounted for 30.3 per cent, 25.1 per cent and 14.4 per cent, respectively, in Q3 2016. The value of mineral imports was put at N746.2 billion in the quarter. India remained Nigeria’s major trading partner in the quarter under review, accounting for 25.4 per cent of total exports, while the United States and France respectively accounted for 17.9 per cent and 10.7 per cent of total exports. China was the country’s largest import destination, representing 27.2 per cent of total imports for the period.