Spotlight Archives - Page 3 of 13

Current road infrastructure in Nigeria: Street in Lagos 2019

08 Jul 19

Infrastructure in Nigeria and how it affects your business

Nigerian businesses and business owners struggle with low productivity because of the state of infrastructure in Nigeria. It’s difficult to start or grow your business in an environment where the infrastructure is not enabling businesses to flourish. Inconsistent electricity and bad roads can severely increase your operational cost-cutting into your…

Setting Effective Sales Goals To Grow Your Business in Nigeria

29 Jun 19

Set Effective Sales Goals To Grow Your Business in Nigeria

The most important metrics for a growing business in Nigeria is increasing revenue. Gaining new customers, acquiring new users, and growing your team, are important metrics but it should all be tied to this important growth metric of hitting and exceeding your sales goals. So how does a new or…

Choosing The Right Business Consulting Service in Nigeria - kpakpakpa Inc

10 Jun 19

Unsure How a Business Consulting Service Can Help Your Business in Nigeria?

There are several ways to evaluate whether a business consulting service will be helpful for your business in Nigeria. Working with the right professionals that can understand the ins and outs of your business, clarify your business goals, and can help you translate those goals into success within Nigeria’s business…

Lagos Skyline View of Nigeria's Business Environment

27 May 19

Understanding The Business Environment in Nigeria To Fuel Business Expansion Success

Every market has its own peculiarities – something that makes the business environment unique from every other market. It could be the regulatory landscape, the infrastructure, the Governance, the business culture. Well, in this regard, Nigeria is no different. The Nigerian market also has its own unique ‘Nigerian-ness’ about it.…

21 May 19

That Solar Power System: What does it truly cost?

In the last article, we did a deep dive into the true cost of running a business in Nigeria with a diesel generator. In this article, we will follow a similar analysis for a solar power solution. As will be seen, the cost of energy from running a solar…

How to find a trustworthy local business partner in Nigeria

13 May 19

6 Steps To Find A Credible Local Business Partner To Scale Your Business in Nigeria

To succeed in business in Nigeria, you need a local team or business partner that’s “on-the-ground” to navigate the daily challenges that come with successfully developing a business in a very dynamic Nigerian market. For international businesses and entrepreneurs that are not ready to take the full plunge of incorporating…

How to find competent staff for your business in Nigeria

29 Apr 19

How To Find Competent Staff To Grow Your Business in Nigeria

In our most recent annual business survey, we asked business owners in Nigeria about the main challenges their businesses face. At the top of the list was the difficulty in finding the right personnel and staff. Finding the right staff is possibly one of the biggest competitive assets you’d have…

Perform market feasibility study to build a solid business plan in NIgeria

15 Apr 19

Performing “On-ground” Feasibility Study To Find Your Customer Base and Build A Solid Business Plan in Nigeria

Over the last three years, our team has done market research and feasibility studies for organizations looking to establish their business presence in the Nigerian market. Getting credible market information in Nigeria is like piecing a complex puzzle together. Although data collection can be challenging, our experience has revealed how…

April 4, 2019
Nifemi Aluko
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For companies that are building strategies to win in Africa’s growth spurt, prioritizing markets across the 54 countries is very important. Prioritization is very important because it allows managers to choose the top markets that would bring in the highest ROI on their business development efforts. Providing returns that companies…

March 30, 2019
Nifemi Aluko
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Africa is emerging as a promising destination for businesses. The attractiveness of the African market is driven by trends such as a youthful and growing population that’s rapidly urbanizing, a focus on economic diversification and industrialization, imperative to close the infrastructural gap, and the increase in mobile connectivity. …