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Business strategies are tools that can help your business reach its goal, defining the tactics and methods you may need to take within your company. These strategies may also guide your decisions. Here are 5 business strategies that may help generate ideas for your own company:



1. Cross-sell More Products

Some business organizations center on selling additional products to the same customer. Sometimes cross-selling works for some companies and online retailers. By raising the amount of product sold to customers can increase cart size. A little increase in cart size may have a significant impact on profitability, which you may need not spend much on acquiring new customers.



2. Be innovative

Some companies are discerning themselves by creating the most cutting-edge products. You may need to practically implement your ideas which can result in introductions of new products or goods or improve your product or services.

3. Grow Sales From New Products

Some business organizations prefer to invest in research and development to continually innovate, even with the existing products. This strategy may involve introducing a new product to market and updating products that can keep up with trends.



4. Improve Customer Service

If you have a problem in delivering quality service this may be a good strategy for you. Some companies have built reputations for themselves by having good and exceptional customer service. Customer service helps companies to identify and adjust their weak points in their products or services. A business strategy may need to focus on improving customer services which may have objectives that center around things like online support or an effective can center.



5. Cornering A Young Market

Some big companies are merging or buying out competitors to corner a young market. This strategy may help your business rapidly grow in the market. Developing a new company gives chance to a big company to compete in a market where it didn't have a strong presence previously while retaining the users of the product and services.


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Everyone is looking for ways to have more money than they already have but more than anything, they are on a journey towards achieving financial freedom. Your financial goals may be different from others but we all have one thing in common - we want genuine ways that we can use to grow our money. That's what we are going to be taking about today as we differentiate the two terms - saving and investing.

1 Saving
This one is rather self explanatory, it refers to the process of putting money away for rainy days or big purchases such as a down-payment for a house, car etc. Usually you need to open a savings account with a banking institution.

— Interest rates offered by banks are not the same and they are in constant change based on economic activities.

— It's your responsibility to compare them and see which one offers competitive interest rates that will grow your money.

— One thing that you must know, saving takes time and does not offer the same results compared to investing. Banks want to make money and not the other way around.


2 Investing
When you invest your money, you are putting it away for a fixed period of time and expecting it to grow in value. There are various investment vehicles to choose from and this includes stocks (also known as shares), bonds, ETF's and more.

– It's not a secret that investing offers more value for your money.

— There are risks that are associated with each investment. Make sure that you understand them before committing.

— For shares you can use an online broker like Easy Equities which does not require a lot of money to start.

We hope this article has clarified both terms and you are now confident enough to adopt new money habits.

Please the link is not opening

1. Maggi cubes.

Maggi was two for N5 in 2012, but now it’s one for N10 now. Who knows, you could wake up next year and hear that one cube of Knorr Chicken now goes for N50 per piece. Better buy the dip now before it rises.

2. Titus sardine.
Titus Sardine (125g) – Chopbox
Sardines are now hotcake, but Titus sardine is the hottest of them all. It recently attained a record high when it rose from N340 to N650 in less than one week. Bitcoin is shaking. You better buy and hodl now, so you can resell when it lands at N1k.

3. Egg.

You can bear me witness when I say eggs once sold for N25 per piece, four pieces for N100. Now, one piece of egg goes for nothing less than N80. Chickens are now laying the new Cryptocurrency. Egg-o-currency to the moon!

4. Gas.

Before we say anything, it is important to let you know that anyone who can afford to refill their gas these days is a ritualist. If they cook for you with that gas, you better not eat it. Maybe they want to collect your destiny and use it to refill gas. But please, investing in gas is one easy way to cash out these days. Do you know how much one kg costs now? You better buy and hodl now. Christmas is coming, you will make your money back. Just stay safe sha. Don’t let your investment kill other people. Their ghost will swear for you.

5. Onions.

Onions will soon start competing with gold. Two small pieces now sell for N100. And these are sizes that used to sell at N20 per piece. Can you see how wide the profit margin is? If you are lucky, you can enter into partnership with a caterer. Year in year out, you will just be cashing out. If we were you, we would even buy stocks for our unborn children with it.

6. Titus fish.
Titus Fish – Frozen – Carton (20Kg) – FARMBOY.NG
Like Titus sardine, like Titus fish. One piece now goes for N1k plus, and according to the investment analysts on Zikoko’s Wall Street, this is still estimated to rise higher. You better buy ice blocks and convert your bathing drum into a cold storage. Stock up Titus fish and wait. When the boom happens, even Dangote will be begging you to invest in his business. Dangote wey still dey find money.

7. Frozen turkey and chicken.
OROBO CHICKEN 1 KILO - chef360
Frozen turkey is now N2,500, if not more. Frozen chicken is slowly climbing up to N2,000 per kilo. If after all our advice, you still don’t know that you should invest in it now, then we are sorry for you oh. Don’t you want to get rich?

8. Vegetable oil and palm oil.
King's Vegetable Oil 3 L - GoMarket
If anyone is saying tech is the best place to make money, it is a big lie. Tech, when you can invest in vegetable oil and palm oil, and cash out big time Do you know how much one gallon of vegetable oil is now? BUY THE DIP NOW OH. BUY IT NOW. A lot of these tech people are surviving on investment returns from vegetable oil and palm oil. They are just using tech to cover face. If tech is as easy as they say, how come you have not made money after one week of UI/UX?.


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Please is business education courses similar to business administration courses?

muykem:
You can go back to school. I can't allow my daughter to marry illiterate even if he's a billionaire.

Being an ssce holder doesn't mean the fellow is an illiterate.

Lord I thank you for life.

omotroyz:
truth be said. its as if all the advice here are for me, am currently studying business education and have been wondering what I will be able to achieve with the end result upon graduation aside teaching. but now I know that I am studying a very good course. thanks for all the contributions, thanks to the poster also. I have learnt a lot from this post.

Hello

Francieuche:
Same Uniben I went to, you go read tire

Hello

Please does UNIBEN offer Accounting education

TarOrfeeek:
Do better course oh

No go do course way them go use treat you like mumu for labour market.

So the course isn't good?

Please,is this course advise able for someone willing to become an Accountant?
Is the course professional?
If I study Business education with Accounting option,will there be indication of Accounting in my certificate??

Please help!!

Kingstone32:
am also a business education graduate. Accounting option. With the knowledge of my course, i and some of my friends opened a tutorial house while in 200level. The tutorial house is well managed by me. Am a tutor and also the manager and also the financial sec.
So whatever you do, note that bus.edu students are educational and business managers!

Hello

Future artist

neyoohhh:
Lol , how come there are children hawker's, beggers, househelps, prostitutes in Lagos if child law's exist in Lagos?

You just want to politicise the issue.

Hypocrites with agenda's.

Maybe he is talking of Lagos town and not village.

Starting a business is not sometimes easy. There are some considerations you may need to consider before setting up a business. Here are ideas that may help you start your business:



1. Conduct Market Research

There are some opportunities you can get from market research that can give you an idea of raising a successful business. Market research is a way to gather useful information on the product that’s trending, product customers need, etc. you can use the information you got to raise a successful business.



2. Write Your Business Plan

Business plans are the foundation of businesses. It's like a director that will help you know how to structure, grow, and run your new business. After you may have gotten an idea of the business, write down your plans and how you want to run the business.



3. Fund Your Business

The amount needed to start your business will be determined by your business plans. You can start saving to raise capital for your business instead of requesting a loan to set up the business.



4. Pick Your Business Location

Picking a business location is one of the best and important decisions to make. When starting a business either a brick-and-mortar business or launching an online business, the decision you make may affect your legal requirements, taxes, and revenues.



5. Choose A Business Structure

Choose a well-structured business because it's the structure that will determine your registration requirements, amounts to pay for taxes, and your liability.



6. Choose A Name For Your Business

Sometimes it's not easy to come up with a perfect name. you will want a name that captures your spirit and that reflects your brand. And you will also think about a name that hasn't been used by another person.

7. Do Business Registration

Once you have gotten a perfect name for your business, it is high time you protect and make it legal. You will need to register your business with the government for security purposes, securing your name, and also running a legal business. Business registration will give your customers assurance of their safety and more reason to trust your products.



9. Apply For Permits And Licenses

Get your licenses and permit to run your business smoothly without legal complaint. The permit and licenses for your business will be determined by your industry, state, location, and other factors.

10. Open A Business Bank Account

Create a bank account for your business, it will assist you to handle tax, legal, and day-to-day issues. These accounts are easy to set up if you have the right registrations and paperwork ready.

Learning from ibrahimovic

Facebook is slowly going down the drain.

4.3 billion invested in immorality.

chatinent:
E bi like say the catarrh you cry enter your mouth. Lol

Ha!

I reject every spirit of simp.

SimeonOTC:
NYSC total allowance is about 396k for 12months..I was able to save 300k from it.., after p.o.p, the state I serve paid us 96k, making it appropriately 400k, as I type this now, the money is still in my acct since February we passed out..how was I able to save this much? I am low-key nigga, never gambled, wasteful or even have a girlfriend dispite have lots of younger ones that look up to me, I have big problems, but I handle the strategically..that aside anyway..

O.p I laugh you, if you dnt stop, I swear bro, you go suffer.. heavy suffer..
I ones gambled long time ago.. gambling does interest me..I really don't know why.. there is a spirit in me that always fight anything that takes away my hard earn funds, I go back to the drawing board to see how to starve the thing or addict or better still, look for an alternative.

O.p try this little solution, it may rewire your brain.

Channel all your funds into a 'legit' saving financial app, where you can watch the money grow through interest or investment, apps like cowry saving app, rice investment app, piggyvest..
Always login just the way you login your bet app to check your money and interest been sent to you daily and also check for other investment opportunities in the app, check for other people's savings and funds they have invested, you will be amaze and challenged to save and invest like them or more than then, you will shock to know that in this country, people save like mad man, I jst loggin piggyvest and saw some saved 5milli in his target savings, about approximately 20-40k interest will be paid to him every month for absolutely doing NOTHING!!

Try this, but first, delete and unsubscribe from all bet apps as well as uninstalling them..starve yourself from betting for some days.

I want to learn that cowry savings stuff,can you orientate me?

1. A true leader welcomes criticisms. You don't fight or exchange words with your critics, you just leave them to keep talking, every great position must always attract great opposition.

2. Every great leader is a great learner. If you are too big to learn, you'd be too small to lead. Knowledge has no limit. Go in search for new ideas and discoveries.

3. A true leader must maintain neutrality. You're for everybody and for nobody. Nothing destroys the reputation of a leader like favouritism.

4. A true leader must be sacrificial. If you can't sacrifice for the sake of your followers, then you are not a leader. You just have the interest of your followers at heart over yours.

5. A true leader takes advice. It is the surest way to advance. Nobody knows it all. Go and inquire from those who had been there before and follow the steps, nobody is perfect,

6. Every leader must be a role model to His/Her followers. If your followers don't aspire to be like you, then you're not a true leader.

7. A leader must be deligent. If you can't work, you can't lead, if a leader doesn't work, nothing works.

8. A true leader must be humble. Leadership is not a seat to occupy, it is a feat to accomplish, only humility can take you to the feat you want desire to accomplish.

9. A true leader must be a giver. Because a giver is a leader, when you give to your followers you're considered to be a true leader, as a leader it is your responsibility to show a good example.

10. Every great leader is a great servant. Funny right? But it's the truth. You must be dedicated to service to humanity and to serve at any position you find yourself whether great or small

Are you a leader?

The rate of scammed people in this forum is enough to create another nairaland for them.

Just too much!!

Many people believe that choosing who you will marry is one of the most significant decisions you will make in your lifetime. Each and every individual believes that the person they marry is the true incarnation of Prince Charming, but the reality is that everyone has both positive and negative characteristics, and you must select which characteristics you are prepared to put up with. There are several features, though, that should raise a red signal immediately. Guys that display these dubious personality qualities should be avoided at all costs if you want your marriage to have the best chance of surviving.

Nowadays, we are bombarded with so much media that we have fallen into the trap of believing that sex is the only thing a marriage need. Okay, let me to burst your bubble: it is a completely incorrect assumption. Love entails a great deal of responsibility, and in this wonderful marriage, love is only one of the many things that must thrive in order for the union to be successful. Another factor that contributes to a good marriage is compatibility, which is almost as important as love in this context. The ability to be compatible is the characteristic that allows the majority of marriages to last.

Your spouse is intended to be someone who can support you, not someone who is different from yourself. In addition to harmony, there are certain additional factors that must be present for your marriage to be successful. Rather of telling you these things today, I’m going to tell you about some of the characteristics that you should avoid utilizing altogether instead. Dear Lady, in order to prevent a person with the following 5 characteristics from marrying you, please avoid marrying a guy to marry:

One, he doesn’t respect you or your personal limits.

Boundaries are extremely crucial in any relationship, but especially in a marriage. You must be able to create good boundaries early on in a relationship since it is easy for them to become blurred as time goes on. This will not alter simply because you put a ring on your finger. If your spouse does not respect established limits before you get married – that you or both of you have agreed to – then you should not get married.

2. He never expresses regret Nobody is flawless, and everyone makes errors at some point in their lives. If, on the other hand, you discover that you are the only one in your relationship who ever apologizes for anything, take some time to consider why this is the case. Do you ever get the impression that you’re constantly in the wrong with your partner? Or is he simply unable to accept responsibility for any of his acts on his part? Possibly, he is completely unaware that he has committed an error. While you shouldn’t be keeping track of who has apologized the most, in a good relationship, there should be a fairly equal allocation of blame between the partners. It demonstrates maturity, self-awareness, and an understanding of the impact your actions have on your relationship.

3. Do not marry a man who does not have any plans for the future.

During my high school years, there was one acronym that was used frequently. The abbreviation is NFA. NFA is an acronym that stands for Ambition with No Future. It was utilized to distinguish between serious pupils and the bold members of the general population. We, the serious pupils, have received a great deal of attention and are regarded in high regard. Just as there was preference for my generation’s most extreme and ambitious pupils, there should be partiality for guys who are driven by ambition when it comes to choosing a spouse. The thing that motivates a human being is his or her ambition. It’s a burning desire to succeed, to be better than you were before, and to never, ever return to that dreadful situation again. If the man you want to marry doesn’t have any ambition at all, I would encourage you to think again about getting married.

4. Don’t get married to a man who is a slacker.

Even while laziness was acknowledged as a distinct concept, it was never considered to be pleasant. If the person you want to marry is a slacker, you should rethink your decision. Do not get married to a man who spends his entire day indoors, without doing anything productive for himself. Don’t get married to a man who enjoys gambling away all of his money or watching a football game all day long. I’m hoping you’ll pay attention.

5. He doesn’t pay attention.

It is critical to marry a man who respects your viewpoint and allows you to express your feelings, worries, triumphs, and interests without being censored. Despite the fact that he does not suppress your voice, it is best to let him go if he does not demonstrate real interest in you or your life. Being in a relationship with someone who never listens to what you have to say may be extremely harmful to your emotional and mental health. It demonstrates that he is disinterested in you and your relationship, or that he is reluctant to put in the amount of effort required to make it work.

6. Don’t get married to someone who is a habitual gambler.

Do not get married to someone who has a problem with gambling. I am opposed to gambling, not because of gambling itself, but rather because it limits many of the possibilities that the world has to offer. If you marry a gambler, it is possible that he may gamble away the money you have saved for the things that are important to you. Perhaps he’s hanging around near your place, gambling. Prevention, as they say, is far less difficult than treatment. Do not get married to someone who is a gambler.

7. Do not get married to someone who is thoughtless, inconsiderate, and sluggish to grasp the nuances of a situation.

Don’t get married to a guy who doesn’t know how to take care of a child properly. Do not marry a man who, when he speaks, expresses a lack of concern for your feelings. The last man you should marry is one who has no idea what to do when faced with a crisis. These sorts of individuals are dim-witted and will not be of assistance to you. Make certain that you marry someone who is more concerned with you than he is with himself, that you marry someone who is extremely tactful when it comes to issue resolution, that you marry someone who understands what affects you and makes certain that they don’t impact you.

A very lucky tap in.

So some people were actually videoing?

Why can't He/they call the police?




Nigeria Police

Nigeria is 1000 years backward,so these jobs would still be in existence.

Entrepreneurship is like a religion and you can believe in it and be converted. It doesn't matter who you are, you can be converted into it and become an ardent follower of entrepreneurship. The following habits should be done away with if you really want to start any business.

#1. Short-sightedness: As an entrepreneur, you must see the bigger picture of your business. You must think like a cocoa farmer and not a maize farmer. A cocoa farmer wait for long before harvesting and makes more money than a maize farmer who harvests fast and makes easy money which won't last. You be visionary for you to succeed in the business world. See your 20 years of your business now and start working towards it.

#2. Still Making Excuses: Stop blaming others for your mistakes and start taking responsibility for your actions. Get out and get things done no matter how difficult it seems. Excuses will stop you from starting that business from yours or pursuing that dream of being an entrepreneur.

#3. Time Murdering: Stop wasting time on your phone or television if you aren't making money from it. You can't start a business if you are consuming your time with entertainment. The internet can make you murder your time or make money. It all depends on you. Save your time and use it to start and promote your business online.

Kill these 3 habits before starting a business and you will glad you did.

The private part must have been exposed or half exposed.

It is not enough to render services to your customers. The most important thing, is how your customers feel after rendering your services. In this article, you will learn how to make your customers love you and your products.



81% of companies who provide great customer experiences and customer satisfaction do much better than their competitors, according to the 2009 “Customer Experience Maturity Monitor” report from the Peppers & Rogers Group.

If you are ready to make your customer fall in love with your products and services. Then, read on;



• Respect Them


Age does not connote respect. You have to respect your customers irrespective of their age, socio-economic status or intelligence. The customer you respect today will come back tomorrow.



If your customer refuses to come back; it could be a proof that you are disrespectful. Honour them and speak to them with respect. Enable them to enjoy the respect they have not been able to enjoy in the past.



(2)Recognize Differences


There are different temperament, character and attitude. The responsibility of a good business person is to understand the peculiarity of each customer.



Some customers are funny and they love to have funny people around them. A good business person must take advantage of that and establish rapport with such customer.

While there are some customers who are moody but intelligent. You are to answer them without cracking senseless jokes. Understand their temperaments and be nice to them.



(3) Keep Appointments


The value of time becomes more precious as we get busier in life, so when you schedule an appointment with anyone, you need to see it as a valuable commodity. Never intentionally waste that time or treat it without the respect it deserves. If you schedule an appointment, proper etiquette dictates that you keep it.

However, missed appointments can be detrimental to your practice, and your clients also suffer by not getting the care they need.

If you are an artisan, try to keep the date you promised to finish your customer's work. It will make your customers love you more. By this, they will come back for more.



(4) Communicate Value


Customer Value is the perception of what a product or service is worth to a Customer versus the possible alternatives. Worth means whether the Customer feels s/he or he got benefits and services over what s/he paid.



Communicating value and establishing customer value is important because the results of your efforts to create value are measured in the customers' perception of that value. Remember: your customers will never buy something from you because you like it. They buy things because they like or need them.

Produce quality goods and services. Your value determines the kind of customers you will have and keep.



(6) Display Your Products


By displaying products strategically on your retail display shelving units, you'll be able to encourage more purchases, encourage larger purchases, and help customers find what they want and need. With an optimal shelving layout, you can offer a better shopping experience and influence consumer buying habits.

Having product information helps consumers make informed decisions and can lead to increased sales in–store. These are called web influenced sales, and according to statistics from Google, 76% of people who conduct a local search visit a store within 24 hours.

So, display your goods online.

Thank you for reading!