Small Business Owners Count Losses
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Small business owners in Port Harcourt are counting their losses in millions of Nigerian Naira as government bulldozer brings down their offices and shops. The government of Rivers State of recent decided to give Port Harcourt which is the capital of Rivers State, Nigeria a face lift. The new executive governor is desirous of re-modeling the city after the Federal Capital Territory. This sounds like a good vision, but tI am of the opinion that the implementation is faulty.
Small Business Owners Contribute to Economy Growth
A greater percentage of the population of Port Harcourt relies on petty trading and provision of artisan services to earn income. In Port Harcourt, any entrepreneur who employs and pays two or more workers is considered a “big businessman”. The business climate is quite harsh. Too many big enterprises in the state are struggling to earn enough income to pay their workers salaries. It is common story to hear workers of such establishments lamenting that they have not received any salary for months. Read more
Starting An Online Business
Starting An Online Business
Starting an online business is a lot simpler than starting an offline business. So, if you have been thinking of venturing into entrepreneurship, online business is a good way to test the water and check if thoroughly you are cut-out for the adventure of running a small business.
I have personally observed that almost all the fundamental principles that make for a successful offline small business will still be relevant in your online business. Though, the competition online is much more keen than that you have in your neighbor-hood. You may actually be competing with millions of small entrepreneurs who offer the same product or service that you offer.
This means you really need to establish good business practices and lay a strong foundation that can stand the test of time. Your success online as an entrepreneur will be hinged on your ability to build long-term business relationships with your online customers by providing quality products or services at a price that is considered competitive.
Why Start An Online Business? Read more
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