What Investors Look for in the Management Team Section of Your Business Plan
Introduction What do Investors Look for in the Management Team Section of Your Business Plan? When entrepreneurs prepare a business plan for investors, they often spend considerable time perfecting the market analysis, financial projections, products and funding request. However, one section can determine whether an investor believes all those projections are actually achievable: the management […]
The Checklist: 15 Things Your Business Plan Must Have Before Submitting to Investors
Introduction The Checklist: 15 Things Your Business Plan Must Have Before Submitting to Investors might be alll you need to know. Have you wondered why a business plan will be professionally designed, beautifully formatted with dozens of pages, and still fail to convince an investor. Why? Because investors are not investing in the appearance of […]
How to Write a Business Proposal for Government Tenders and Supply Contracts
Introduction How to Write a Business Proposal for Government Tenders and Supply Contracts is a very important aspectg you need to pay attention to. Government contracts can provide significant opportunities for Nigerian businesses—from supplying office equipment and uniforms to providing catering, construction, ICT, facility management, consulting and professional services. However, winning a government tender is […]
How to Draft a Business Plan for an Existing Business Looking to Scale
Introduction How to Draft a Business Plan for an Existing Business Looking to Scale is fundamentally different from writing a business plan for a new business A startup is largely making a case for what could happen. An existing business has something much more valuable: evidence of what has already happened. You may already have […]
How to Calculate Your Total Addressable Market (TAM) for a African Business Venture
Introduction How to Calculate Your Total Addressable Market (TAM) for a African Business Venture. Total Addressable Market (TAM) is one of the most important figures an entrepreneur can understand when building a business or seeking funding. It answers a fundamental question: “How large could my market become if my business were able to reach every […]
Business Plan vs. Pitch Deck vs. Feasibility Study: Which One Do You Actually Need?
Business Plan vs. Pitch Deck vs. Feasibility Study: Which One Do You Actually Need? You have a business idea. You believe there is a market for it, you have thought about how the business will make money, and you are ready to seek funding. Then someone asks you: “Do you have a business plan?” Another […]
B2B vs. B2C Business Plans: Key Differences You Need to Know
Introduction Not all business plans should be written in the same way. B2B vs. B2C Business Plans: Key Differences You Need to Know before we chose one. A business selling directly to individual consumers has different customers, sales processes, marketing strategies and financial dynamics from a business selling to companies, institutions or other organisations. This […]
10 Reasons Nigerian Bank Loan Applications Get Rejected (and How to Fix Them)
Are you aware of these 10 Reasons Nigerian Bank Loan Applications Get Rejected (and How to Fix Them). Imagine you have a profitable business. You have customers. You have a plan for expansion. Then you approach your bank for funding and receive an answer you were not expecting: “Your loan application was unsuccessful.” For […]