SlideShare a Scribd company logo
EMERGING
CAPITAL BUSINESS
SEMINAR 2023
INSIGHTS INTO BUILDING, SCALING AND LEVERAGING
YOUR BUSINESS
EMERGING CAPITAL BUSINESS SEMINAR
 EMERGING CAPITAL BUSINESS SCHOOL WELCOMES
YOU TO OUR BUSINESS CONFERENCE
 JOIN THE NETWORK AND SUCCEED
 HELP OTHERS TO SUCCEED
 BE PROACTIVE
 WORK SMART
 CREATE THE FUTURE
CONTENT
 HOW TO IDENTIFY A PROFITABLE BUSINESS IDEA
 HOW TO CRAFT A BUSINESS PLAN
 HOW TO CHOOSE THE RIGHT LEGAL STRUCTURE
 SCALING YOUR BUSINESS
 DIVERSIFYING YOUR BUSINESS
 INTEGRATING TECHNOLOGY IN YOUR BUSINESS
 LEVERAGING YOUR BUSINESS
 FUTURE TRENDS AND PRACTICES
INTRODUCTION
 A BUSINESS IS AN ORGANIZATION THAT AIMS TO MAKE A PROFIT BY
PROVIDING GOODS AND SERVICES TO CUSTOMERS. IT CAN TAKE
VARIOUS FORMS, HAS OWNERS, SERVES A SPECIFIC MARKET, OPERATES
WITHIN LEGAL REGULATIONS, AND PLAYS A VITAL ROLE IN THE
ECONOMY.
 THE BUSINESS ENVIRONMENT IN NIGERIA IS GETTING TOUGHER BY THE
DAY, AND THE CHANCES OF BUSINESS OWNERS KEEPING THEIR
BUSINESSES RUNNING ARE GETTING SLIMMER.
 AS THE COST OF PETROL AND DIESEL CONTINUE TO CLIMB, THE COST
OF PRODUCTION AND EXPENSES CONTINUE TO SURGE.
 ACCESS TO ELECTRICITY IN THE COUNTRY IS THE LOWEST GLOBALLY
WITH ABOUT 92 MILLION NIGERIANS LACKING ACCESS TO POWER… AS A
RESULT MANY SME’S IN NIGERIA ARE ALREADY SHORTING DOWN.
HOW TO IDENTIFY A PROFITABLE
BUSINESS
 A great business idea is an innovative and unique
concept that is tailored to solve a problem or
meet a specific need in an industry or market.
 Factors that determine whether an idea is great
or not entail scalability, investor-friendliness,
ability to solve a problem, replicability and
sustainable profitability.
HOW TO CRAFT A BUSINESS PLAN
HOW TO CHOOSE THE RIGHT LEGAL
STRUCTURE
 SOLE PROPRIETORSHIP
 PARTNERSHIP
 LIMITED LIABILITY COMPANY
 CORPORATION
 INCORPORATED TRUSTEES
 NON PROFIT ORGANIZATION
 COOPERATIVE
FUNDS
 GOVERNMENT ENTERPRISE AND EMPOWERMENT PROGRAMME (GEEP)
 YOUTH FOCUSED FUNDS
 ARTISANAL MINERS INTERVENTION FUND
 ARTISANAL AND SMALL SCALE MINERS (ASM) FINANCING SUPPORT FUND
 BOI/ALIKO DANGOTE FOUNDATION FUND
 BOI/DELTA HEALTHCARE FUND
 BOI ENGINEERING AND TECHNOLOGY FUNDS
 BOI FASHION FUND
 BOTTOM OF THE PYRAMID SCHEME (ON LENDING) BOP
 BRAVE WOMEN PROJECT
 CBN BACKWARD INTEGRATION FUND
 CBN INDUSTRIAL FUNDS
 CBN TEXTILE INTERVENTION FUND
 CBN TEXTILE REVIVAL IMPLEMENTATION FUND
SCALING YOUR BUSINESS
 Scaling is when an organization identifies ways to grow
more efficiently, resulting in revenue growth at a
substantially greater rate than increases in resources
and expenses.
 Scaling a business means building a clear strategy that
outlines key milestones one, five, and 10 years down
the line—and beyond. It also means aligning your short-
term goals with your long-term goals so you scale at a
manageable pace. By keeping the big picture and your
company vision in focus and building the right team,
your business will be in a strong position to successfully
scale.
DIVERSIFYING YOUR BUSINESS
 IN BUSINESS DIVERSIFICATION CAN REFER TO
EXPANDING A COMPANY’S PRODUCT OR SERVICE
OFFERINGS INTO NEW MARKETS OR INDUSTRIES. FOR
INSTANCE, A TECH COMPANY THAT DIVERSIFIES ITS
PRODCUT LINE BY ENTERING THE HEALTHCARE
SECTOR IS SAID TO BE DIVERSIFYING. DIVERSIFICATION
CAN HELP COMPANIES MITIGATE RISKS ASSOCIATED
WITH OVERRELIANCE ON A SINGLE MARKET OR
PRODUCT.
INTEGRATING TECHNOLOGY IN YOUR
BUSINESS
 Business tech integration is the process of introducing a
wide range of new and innovative technology into various
aspects of your business operations. This can encompass
anything from automating processes to integrating data
between systems, as well as modernizing product design
or increasing customer service capabilities.
 We stand on the brink of a technological revolution that
will fundamentally alter the way we live, work and relate
to one another. The fourth industrial revolution is
expected to come with velocity, scope and systems impact
and breakthroughs such as artificial intelligence, robotics,
the internet of things, autonomous vehicles, 3-D printing,
nanotechnology, biotechnology, materials science, energy
storage and quantum computing.
LEVERAGE
 Leverage is generally understood to be the effect
of using debt to make an investment, which in
turn is intended to increase income or return.
 Thus, leverage can boost a company because it
can make investments for which it does not have
enough equity, but it can also bankrupt it. Before
borrowing, therefore, a thorough analysis must be
made of whether an investment will be
profitable.
FUTURE TRENDS AND PRACTICES
 A business trend is a patten of change in the
business world. For example, the increasing use
of e-commerce and online shopping is a business
trend, as is the growth interest in sustainable and
eco-friendly products. These trends can impact
how companies do business and make money.
THANK YOU FOR LISTENING
Unlock your path to success with London Heights College of
Technology and Business (LHC). We're thrilled to offer a 100%
scholarship for bankers and finance professionals pursuing
our Executive MBA degree. Thanks to LHC's grant funding,
we're making this opportunity available to you. Act swiftly,
as only the first 250 applicants will be accepted. Secure your
future and excel in your career journey with London Heights
College. Apply today at lhc-edu.uk/application

More Related Content

Similar to EMERGING CAPITAL BUSINESS SCHOOL (ECBS).pptx

Nihon u
Nihon uNihon u
Business incubation
Business incubationBusiness incubation
Business incubation
Mustafa Changi
 
MJ Hudson Venture Capital Jargon Buster 2020
MJ Hudson Venture Capital Jargon Buster 2020MJ Hudson Venture Capital Jargon Buster 2020
MJ Hudson Venture Capital Jargon Buster 2020
Constantin Kogan
 
Daring to be Digital - Glasgow - 26th Nov 2013
Daring to be Digital - Glasgow - 26th Nov 2013Daring to be Digital - Glasgow - 26th Nov 2013
Daring to be Digital - Glasgow - 26th Nov 2013
Precedent
 
Hyperloop introduction (short)
Hyperloop introduction (short)Hyperloop introduction (short)
Hyperloop introduction (short)
Reinard Du Plessis
 
Growth Strategy, Disruption and Business Innovation
Growth Strategy, Disruption  and Business InnovationGrowth Strategy, Disruption  and Business Innovation
Growth Strategy, Disruption and Business Innovation
Paul Broadfoot
 
Digital Business
Digital BusinessDigital Business
Digital Business
ijtsrd
 
Multiple Streams of Income-WEO
Multiple Streams of Income-WEOMultiple Streams of Income-WEO
Multiple Streams of Income-WEO
William Onwuka
 
Elite league of innovative entrepreneurs 2019
Elite league of innovative entrepreneurs 2019Elite league of innovative entrepreneurs 2019
Elite league of innovative entrepreneurs 2019
CIO Look Magazine
 
AB WEST CONSULTING COMPANY PROFILE 1
AB WEST CONSULTING COMPANY PROFILE 1AB WEST CONSULTING COMPANY PROFILE 1
AB WEST CONSULTING COMPANY PROFILE 1
georgeamollo
 
business models business strategy
business models business strategybusiness models business strategy
business models business strategy
AdukuEbi
 
AIQ Article Passion for Profit
AIQ Article   Passion for ProfitAIQ Article   Passion for Profit
AIQ Article Passion for Profit
Mark Conklin
 
Three Ways to Grow Your Business Online
Three Ways to Grow Your Business OnlineThree Ways to Grow Your Business Online
Three Ways to Grow Your Business Online
FUNNELCROSS
 
An Overview of Corporate Finance and the Financial Environment.pdf
An Overview of Corporate Finance and the Financial Environment.pdfAn Overview of Corporate Finance and the Financial Environment.pdf
An Overview of Corporate Finance and the Financial Environment.pdf
Cynthia Velynne
 
Optimizing Digital Business Outcomes
Optimizing Digital Business OutcomesOptimizing Digital Business Outcomes
Optimizing Digital Business Outcomes
Bob Kantor
 

Similar to EMERGING CAPITAL BUSINESS SCHOOL (ECBS).pptx (15)

Nihon u
Nihon uNihon u
Nihon u
 
Business incubation
Business incubationBusiness incubation
Business incubation
 
MJ Hudson Venture Capital Jargon Buster 2020
MJ Hudson Venture Capital Jargon Buster 2020MJ Hudson Venture Capital Jargon Buster 2020
MJ Hudson Venture Capital Jargon Buster 2020
 
Daring to be Digital - Glasgow - 26th Nov 2013
Daring to be Digital - Glasgow - 26th Nov 2013Daring to be Digital - Glasgow - 26th Nov 2013
Daring to be Digital - Glasgow - 26th Nov 2013
 
Hyperloop introduction (short)
Hyperloop introduction (short)Hyperloop introduction (short)
Hyperloop introduction (short)
 
Growth Strategy, Disruption and Business Innovation
Growth Strategy, Disruption  and Business InnovationGrowth Strategy, Disruption  and Business Innovation
Growth Strategy, Disruption and Business Innovation
 
Digital Business
Digital BusinessDigital Business
Digital Business
 
Multiple Streams of Income-WEO
Multiple Streams of Income-WEOMultiple Streams of Income-WEO
Multiple Streams of Income-WEO
 
Elite league of innovative entrepreneurs 2019
Elite league of innovative entrepreneurs 2019Elite league of innovative entrepreneurs 2019
Elite league of innovative entrepreneurs 2019
 
AB WEST CONSULTING COMPANY PROFILE 1
AB WEST CONSULTING COMPANY PROFILE 1AB WEST CONSULTING COMPANY PROFILE 1
AB WEST CONSULTING COMPANY PROFILE 1
 
business models business strategy
business models business strategybusiness models business strategy
business models business strategy
 
AIQ Article Passion for Profit
AIQ Article   Passion for ProfitAIQ Article   Passion for Profit
AIQ Article Passion for Profit
 
Three Ways to Grow Your Business Online
Three Ways to Grow Your Business OnlineThree Ways to Grow Your Business Online
Three Ways to Grow Your Business Online
 
An Overview of Corporate Finance and the Financial Environment.pdf
An Overview of Corporate Finance and the Financial Environment.pdfAn Overview of Corporate Finance and the Financial Environment.pdf
An Overview of Corporate Finance and the Financial Environment.pdf
 
Optimizing Digital Business Outcomes
Optimizing Digital Business OutcomesOptimizing Digital Business Outcomes
Optimizing Digital Business Outcomes
 

Recently uploaded

3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
ssuser567e2d
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
Kirill Klimov
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
fisherameliaisabella
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Lviv Startup Club
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
WilliamRodrigues148
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Avirahi City Dholera
 
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
my Pandit
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
NZSG
 
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
taqyea
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
aragme
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
Corey Perlman, Social Media Speaker and Consultant
 

Recently uploaded (20)

3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
 
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
 
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
 

EMERGING CAPITAL BUSINESS SCHOOL (ECBS).pptx

  • 1. EMERGING CAPITAL BUSINESS SEMINAR 2023 INSIGHTS INTO BUILDING, SCALING AND LEVERAGING YOUR BUSINESS
  • 2. EMERGING CAPITAL BUSINESS SEMINAR  EMERGING CAPITAL BUSINESS SCHOOL WELCOMES YOU TO OUR BUSINESS CONFERENCE  JOIN THE NETWORK AND SUCCEED  HELP OTHERS TO SUCCEED  BE PROACTIVE  WORK SMART  CREATE THE FUTURE
  • 3. CONTENT  HOW TO IDENTIFY A PROFITABLE BUSINESS IDEA  HOW TO CRAFT A BUSINESS PLAN  HOW TO CHOOSE THE RIGHT LEGAL STRUCTURE  SCALING YOUR BUSINESS  DIVERSIFYING YOUR BUSINESS  INTEGRATING TECHNOLOGY IN YOUR BUSINESS  LEVERAGING YOUR BUSINESS  FUTURE TRENDS AND PRACTICES
  • 4. INTRODUCTION  A BUSINESS IS AN ORGANIZATION THAT AIMS TO MAKE A PROFIT BY PROVIDING GOODS AND SERVICES TO CUSTOMERS. IT CAN TAKE VARIOUS FORMS, HAS OWNERS, SERVES A SPECIFIC MARKET, OPERATES WITHIN LEGAL REGULATIONS, AND PLAYS A VITAL ROLE IN THE ECONOMY.  THE BUSINESS ENVIRONMENT IN NIGERIA IS GETTING TOUGHER BY THE DAY, AND THE CHANCES OF BUSINESS OWNERS KEEPING THEIR BUSINESSES RUNNING ARE GETTING SLIMMER.  AS THE COST OF PETROL AND DIESEL CONTINUE TO CLIMB, THE COST OF PRODUCTION AND EXPENSES CONTINUE TO SURGE.  ACCESS TO ELECTRICITY IN THE COUNTRY IS THE LOWEST GLOBALLY WITH ABOUT 92 MILLION NIGERIANS LACKING ACCESS TO POWER… AS A RESULT MANY SME’S IN NIGERIA ARE ALREADY SHORTING DOWN.
  • 5. HOW TO IDENTIFY A PROFITABLE BUSINESS  A great business idea is an innovative and unique concept that is tailored to solve a problem or meet a specific need in an industry or market.  Factors that determine whether an idea is great or not entail scalability, investor-friendliness, ability to solve a problem, replicability and sustainable profitability.
  • 6. HOW TO CRAFT A BUSINESS PLAN
  • 7. HOW TO CHOOSE THE RIGHT LEGAL STRUCTURE  SOLE PROPRIETORSHIP  PARTNERSHIP  LIMITED LIABILITY COMPANY  CORPORATION  INCORPORATED TRUSTEES  NON PROFIT ORGANIZATION  COOPERATIVE
  • 8. FUNDS  GOVERNMENT ENTERPRISE AND EMPOWERMENT PROGRAMME (GEEP)  YOUTH FOCUSED FUNDS  ARTISANAL MINERS INTERVENTION FUND  ARTISANAL AND SMALL SCALE MINERS (ASM) FINANCING SUPPORT FUND  BOI/ALIKO DANGOTE FOUNDATION FUND  BOI/DELTA HEALTHCARE FUND  BOI ENGINEERING AND TECHNOLOGY FUNDS  BOI FASHION FUND  BOTTOM OF THE PYRAMID SCHEME (ON LENDING) BOP  BRAVE WOMEN PROJECT  CBN BACKWARD INTEGRATION FUND  CBN INDUSTRIAL FUNDS  CBN TEXTILE INTERVENTION FUND  CBN TEXTILE REVIVAL IMPLEMENTATION FUND
  • 9. SCALING YOUR BUSINESS  Scaling is when an organization identifies ways to grow more efficiently, resulting in revenue growth at a substantially greater rate than increases in resources and expenses.  Scaling a business means building a clear strategy that outlines key milestones one, five, and 10 years down the line—and beyond. It also means aligning your short- term goals with your long-term goals so you scale at a manageable pace. By keeping the big picture and your company vision in focus and building the right team, your business will be in a strong position to successfully scale.
  • 10. DIVERSIFYING YOUR BUSINESS  IN BUSINESS DIVERSIFICATION CAN REFER TO EXPANDING A COMPANY’S PRODUCT OR SERVICE OFFERINGS INTO NEW MARKETS OR INDUSTRIES. FOR INSTANCE, A TECH COMPANY THAT DIVERSIFIES ITS PRODCUT LINE BY ENTERING THE HEALTHCARE SECTOR IS SAID TO BE DIVERSIFYING. DIVERSIFICATION CAN HELP COMPANIES MITIGATE RISKS ASSOCIATED WITH OVERRELIANCE ON A SINGLE MARKET OR PRODUCT.
  • 11. INTEGRATING TECHNOLOGY IN YOUR BUSINESS  Business tech integration is the process of introducing a wide range of new and innovative technology into various aspects of your business operations. This can encompass anything from automating processes to integrating data between systems, as well as modernizing product design or increasing customer service capabilities.  We stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another. The fourth industrial revolution is expected to come with velocity, scope and systems impact and breakthroughs such as artificial intelligence, robotics, the internet of things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing.
  • 12. LEVERAGE  Leverage is generally understood to be the effect of using debt to make an investment, which in turn is intended to increase income or return.  Thus, leverage can boost a company because it can make investments for which it does not have enough equity, but it can also bankrupt it. Before borrowing, therefore, a thorough analysis must be made of whether an investment will be profitable.
  • 13. FUTURE TRENDS AND PRACTICES  A business trend is a patten of change in the business world. For example, the increasing use of e-commerce and online shopping is a business trend, as is the growth interest in sustainable and eco-friendly products. These trends can impact how companies do business and make money.
  • 14. THANK YOU FOR LISTENING Unlock your path to success with London Heights College of Technology and Business (LHC). We're thrilled to offer a 100% scholarship for bankers and finance professionals pursuing our Executive MBA degree. Thanks to LHC's grant funding, we're making this opportunity available to you. Act swiftly, as only the first 250 applicants will be accepted. Secure your future and excel in your career journey with London Heights College. Apply today at lhc-edu.uk/application