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Preparing for a Sure Business Plan

Click here to read the main articleThis will certainly interest you if you are writing a business projection/proposal.Before getting into business one should ask a warm up questions like:1. What is the type of business?2. How will I be classified?3. What is the purpose of this plan?4. Who are our target audience?5. How can we use the plan to advance?6. What market need are we satisfying?7. How is my approach better than existing products and services?8. My time table to get my offering to the marketplace.Click here to read the main articleTIPSBe sure of these tips if you are writing a business projection/proposal.1. Approach to be market driven rather than products driven.Investors are only interested on how the product will be received in the market.2. Quality is the competition.3. Present your distribution plan to the targeted audience.4. Exploit you company uniqueness. (Like traded secret)5. Emphasis to be on management strength.6. Present attractive projections – be realistic in you market data.7. Show possible funding source because banks interest always lies on stability, security, cash flow coverage & fund return8. Close with a bang – drive home your points that you are offering a good deal.“Until you are able to say where your money goes you are not qualified to handle money”Click here to read the main articleA MUST HAVE FOR ENTREPRENEURS1. Intelligent, brilliant and has potentials2. Has a forward looking disposition towards the market prospects3. Believe God is more or his side than with anyone else4. Is faced by the twin evil of poor basic infrastructures, small or no capital.5. Is not attuned to borrowing to leverage.6. May or may not keep adequate recordsClick here to read the main articleSCHEMES FOR THE ENTERPRENEURSThe scheme are mostly credit orientated a few offer capacity building/ training and infrastructure development for entrepreneurs. Some are for export while some are in form of tax incentives owned by state, federal government Private Sector foreign agencies, non governmental organization; schemes for groups, individuals, firms etc. Micro Credit approaches are adopted in certain cases a general problem of poor access to the schemesClick here to read the main article
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Glo to launch broadband access service

Glo to launch broadband access service A brand new revolution is in the offing in the Nigerian telecommunications industry as Globacom is now set to launch its Glo Broad Access service, which offers the convergence of advanced voice, advanced data and advanced video on one single wired line. advertisement With the introduction of this new service, Glo will be bringing Nigeria closer to the advanced nations that have long enjoyed the benefits of broadband services which include convergence, high speed internet and video and television on demand at very low cost. The new service is expected to have a significant impact on the way Nigerians work, conduct business, pursue their education, obtain information and get entertained as it will allow subscribers to use the same dedicated Glo fixed line in their homes and offices for voice call, internet connection, video conferencing and cable television. Glo Broad Access is anchored on Globacom’s state-of-the-art optical fibre cable (OFC) that connects over 40 cities in Nigeria and is reputed to be the largest OFC network not just in Nigeria but in Africa. This network will enable users of Glo Broad Access to harness the power of instant connectivity, congestion-free traffic and high capacity for enormous volumes of voice, data and video as well as economy and affordability, which will lead to the overall economic development of the nation. According to the Group Chief Operating Officer, Globacom, Mohamed Jameel, the service offerings from Glo Broad Access include landline telephony on IP/MPLS-enabled optic fibre for distortion-free clarity, 24/7 connectivity and stability of connection at a price that will put smiles on the faces of Nigerians. “Apart from its affordability, the phone lines will also provide value-added services such as three-party conference call, alarm clock, call waiting and diversion, caller identity recognition (CLIR) and a host of other exciting features. “The Glo prepaid fixed lines can be recharged using normal Glo mobile recharge cards which are available at Gloworld shops and almost at every street corner,” he said. Jameel stated that other packages included in the service are video conferencing, which would help to reduce travel and thus enhance enterprise productivity, fast broadband internet which allows for interactive gaming, video streaming, high speed downloads and simultaneous ‘Talk & Surf’ on the connection. “Glo Broad Access will also offer consumers their favourite local and foreign cable TV channels subject to agreement with broadcast right owners, using the same magical digital wire or dedicated Glo fixed line,” he said.
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