2. #tks17
Challenges / Characteristics of
MSMES in Nigeria
1. Poor access to low-priced finance
2. Limited ownership (often sole ownership)
3. Poor adoption of good business management practices
4. Sub-optimal market penetration & exploitation
5. Low ethical business conduct
6. Slow growth & lack of strategic focus
7. Low profitability & poor ROI
3. Partnerships as a Strategic
Opportunity
Scriptural Basis:
"Two are better than one, because they have a good
reward for their labour. For if they fall, the one will lift
up his fellow; but woe to him that is alone when he
falleth, for he hath not another to help him up.”
- Eccl 4:9-10
"And if one prevail against him, two shall withstand
him, and a three-fold cord is not quickly broken.”
- Eccl 4:12
4. #tks17
• Classical partnership: 2
or 3
• Co-operative societies
• Limited liability company
• Strategic alliances
"And five of you shall
chase a hundred, and
an hundred of you shall
put ten thousand to
flight.”
- Leviticus 26:8
Types of Partnerships
6. Hedging Against / Dealing with
Challenges of Partnerships
• Legal Provisions
• Role Definitions
• Shareholders' Agreements
• Avoiding Unequal Yoking
- Good Faith & Fear of God
7. The Greatest of all Partnerships
• Helping to Spread the
gospel
• Offering, donations &
tithes
• Supporting the poor,
the needy & the
community (CSR)
Abide in me and I in
you. As the branch can
not bear fruit of itself,
except it abide's in the
vine, no more can ye,
except ye abide in me.
- Jn 15:4-5
8. Bountiful Rewards
"Give and it shall be given unto you, good measure,
pressed down, and shaken together and running over,
shall men give into your bosom. For with the same
measure that ye mete, withal shall be measured to you
again.”
- Luke 6:38
"The liberal soul shall be made fat and he that waters
shall be watered also himself.”
- Proverbs 11.25
9. Bountiful Rewards
"He that hath pity upon
the poor, lendeth unto
The Lord ; and that
which he had given, will
He pay him again.”
- Proverbs 19:17
“He hath dispersed, he
hath given to the poor,
his righteousness
endure the for ever, his
horn shall be exalted
with Honour.”
- Pslam 112:9