Corporate Life

If you're still working a regular job while building your business, take advantage of these ideas to get funding.

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81. Overtime:

Take on overtime as supplemental income to fund your venture.

Blessed Sunday

Consumption >> Production

83. Take an Oversea Assignment:

By going overseas, you may be able to get a raise, and save money due to cheaper living conditions and favourable exchange rate.

Production is the action of making or manufacturing from components or raw material. In Nigeria, some of our raw materials for industrial uses are imported while rest are sourced locally. It's imperative to consider as a factor the source and availability.

84. Bonuses:
Don't blow your bonus on a trip to Dubai or a brand new TV. Instead, invest it into your business.

85. Contract:
Turn your employer into a client by working as an independent contractor, and you can make up the difference through strategic choices in taxes and insurance.

86. Advances:

Ask for an advance from your employer, and turn it into a profit.

87. Severance Pay:

If you've been laid off, turn your severance pay into entrepreneurial gold.

Government Loans

Department of Agriculture:

Through the Rural business investment Program, companies who are located in a small rural community can get early stage funding.

Consumption >> Production

88. MINC: The Made in Nigeria Business Challenge (MINC) -

The challenge was created to promote nation building and to cerebrate everything uniquely Nigerian. The Made-In-Nigeria' challenge provides entrepreneurs with locally sourced products a platform to connect with government officials, agencies etc.

We also support our clients in acquiring chemical raw materials for production. You can trust on us for your business support services.

89. Government Enterprise And Empowerment Program (Geep):

Geep is an initiative of the Federal government of Nigeria and bank of Industry. The GEEP program offers a no interest loan scheme with a one time 5 percent administrative fee for costs. GEEP to date has disbursed over 100,000 loans to artisans, traders, farmers and entrepreneurs across 16 states.

Consumption >> Production

Do you know chemicals have become a part of our life, sustaining many of our activities, preventing and controlling many diseases, increasing agricultural productivity.
However one can not ignore that many of these chemicals may, especially if not properly used, endanger our health and poison our environment.

It has been estimated that approximately one thousand new chemicals come onto the market every year, and about 100 000 chemical substances are used on a global scale. These chemicals are usually found as mixtures in commercial products. One to two million such products or trade names exist in most industrialized countries.

90: LoftyInc Capital Management (LCM) - Is an initiative of Idris Bello and partners. The firm recently announced the launch of a new bumper fund initiative for entrepreneurs, which will focus on early stage of Africa enterprises that leverage technologies to create social impact and tackle big problems.

Chemicals are not all of equal concern. The assessment of health risks of chemical substances is a continuous process where information of the chemical hazards is made available through a variety of sources.

Remember: chemicals have power, and that is why they have become an important part of our life. Respect that power and handle them with care.

91. Oxfam:

Oxfam has a number of funds for Nigeria entrepreneur. Oxfam, an International confederation of charitable Organizations focused on the alleviation of global poverty recently disbursed 100 million euros to impact SME through Nextzon.

Consumption >> Production

We can process and deliver as much as 10 tons monthly. Contract delivery is welcomed at best rate.

92. BOI Funds:

This is where entrepreneurs can get cheap or single digit funds (Often at 9% lending rate).

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Tightening Up

Find money in your own books by running a tighter ship.

93. Lower Costs:

Find any way you can to lower your overhead, whether it means cutting back on hiring or putting off equipment purchases to scrimp and save.

No chemical substance can cause adverse effects without first entering the body or coming to contact with it. There are four main ways, that is routes of exposure, for chemical substances to enter the human body:
Inhalation (breathing in)
Absorption (through the skin or eyes)
Ingestion (eating, swallowing)

94. Charge Interest:

Charge interest on receivables that sit dormant, so customers will have an incentive to free up your cash flow situation.

Sweet Sunday to all producers and intending producers. May this day usher a productive and rewarding week ahead.

95. Ask for deposits:

Deposits are great for dealing with up front costs, another method that is great for cash flow.

96. Discount up front Payment:

Offer a 10% discount for customers who prepay and you will get faster cash.