How to be a Successful Real Estate Agent in Nigeria

People are always looking for property to own. That's a given. Doesn't matter if the market values skyrocket or they plummet, there are always individuals looking to own or let go of their property. The real estate market in Nigeria can be a very profitable venture, but no doubt it's one laden with several things waiting to go wrong. From tenants not paying rent, to the demolition of properties by the government for development projects, people encroaching on your own property and so on. So to become a real estate agent in Nigeria, not only do you need the mental fortitude to scale through, you also need the necessary skills and knowledge to get the job done right.  Here are a couple of things you have to do; 1. Get some research done on ...

5 bad laundry habits and 5 secrets to help you

I had the chance to spend some time with Olumide Salvador of First Choice Cleaning Services last month. We spent some time talking about his laundry business and how they plan to make dry cleaning easier and cheaper for customers. During our conversation, he mentioned how he wants to create a community around dry cleaning where people can share useful information about dry cleaning and also how he likes to help out customers with tips that can help them get the best out of their clothes. So I asked him what tips he has for someone like me that knows next to nothing about dry cleaning. Since I am not one to hoard information, here are some of Olumide’s tips to help you do better laundry: Habit 1: Rubbing clothes too hard

The kind of advertising customers REALLY want from you

The customer is king. Which is why businesses big or small, spend a lot on getting the customer’s attention. The internet is the frontier for advertising, whether you are actually spending the big bucks or using free VConnect online promotion tools, your goal is not just for customers to see you, but to ultimately patronise your business. So, as a smart businessman, you would naturally what to know what kind of advertising is most effective at the moment so you can tailor your campaign to suit these modern trends. Worry no more, the good people at Fast Company looked into the kind of content on the internet customers find most compelling, and we have the answers for you. What sticks? While more traditional advertising relies on repeating one main idea ...

6 steps to making your customers feel safe online

There is increasing business to be done online, Amazon is in the race to be a $1 Trillion company, while over here in Nigeria, CBN has reported an increase in online transactions. While this is all good, I mean Nigeria recorded about N64 trillion, in electronic transactions since the implementation of the cashless policy. The bad part, of that amount 2.19 billion Naira was lost to fraudsters within that period. So as a business owner conducting business online you understand the fears customers have about paying for goods or services online. As a customer, you also want to be assured that you will get what you paid for. So how do you as a small business owner make your customers safe online? You can start with these steps 1. Be reachable offline too Put your ...

6 advantages of being a small business in Nigeria

Running your own small business means being an underdog, most of the time, but being small has its advantages, just look at Antman from the Avengers, he can crawl into spaces the bigger guys can not get to, wrecking all so awesome damage there. Okay, maybe that isn’t an ideal analogy, but what I am saying is there are some great benefits to being tiny that provide small businesses with huge advantages compared to bigger businesses. These advantages can provide you with effective tools to compete against bigger rivals. So here, just to remind you, are six great reasons why being a small business is an amazing thing.  1. Lower overhead By being small, your business requires fewer resources to operate and maintain. Your lower overhead costs can allow you to offer a cheaper ...

HOW TO EASILY PAY YOUR TAXES IN NIGERIA

Taxes are an important avenue of revenue generation for the government, as individuals and business owners paying taxes help give back to the government and contribute to development. All business registered in Nigeria are expected to pay the Companies Income Tax (CIT). Partnerships and ventures are expected to pay the Personal Income Tax (PIT) which is administered either as – PAYE (Pay-As-You-Earn) taxes from employment (employees) or Taxes from a self-employed person. Say what you will about Nigerian government organisations, but you have to admit that there is an attempt to automate a lot of government processes, reducing the time and rigor involved in doing things as simple as registering your business with the CAC or filing taxes. Following that trend, the Federal Inland Revenue Service FIRS has introduced ...