Recent content by hastral45

In ever In every bad habit, there are some element of good thing out of it. Only those that are intelligent would notice it. When I was working in a company, it was through gossip I got to know what was happening in the company before it became public notice. When an official is sacked, you...

Crypto trading is far better than forex trading. Though it is more volatile but it's volatility can hardly wipe off your fund. Even if you don't know how to trade, you can be engaging in buy and hold, staking, loan of cryptos and finally arbitrage which is buying cryptos where it is less and...

Though it is good for business to give warranty or refund policy to its products in order to guarantee its quality. But it is not all goods bought in the markets that enjoy warranty. The warranty of most of the new products have elapsed in the store of wholesalers. So any retailers that buy such...

The way customers are addressed and handled by company representative will create an impress of such business. When a customer is treated with good care and proper attention. Such business will have positive impression which would soon boost the public image of such business.

The primary objectives of establishing business pass the motive of providing employment opportunities alone. It is after the primary objectives are utilized that other motives follow. Among the primary objectives is the ability to make profit and provide utility value to the public.

So cinemas is still lucrative in your country?. I envy you o. If you dare establish cinema house here in Nigeria, you would run into loss. Who would patronize you. Anyway, you can use the building for event rentage. That is the current hot cake business in Nigeria now.

Don't make the mistake of quitting your job as a result of hatred when you are yet to secure another job. This is only applicable in developed countries where there is norm practice. In Nigeria here, if you try it, you will regret your action. When you are tired of your job, you have to continue...

This is ideal. It is better to listen to radio or television when your body feels to have noises. Individual with different disposition to noises. I have heard from one of my friends who said he can't live where there is no noise. AS for me, I like a very quite place that won't cause distraction...

A good leader must not lack any of the two faculties. He needs to be a good speaker and at the same time a good listener. It is when he possess the two faculties he would be able to carry his subordinates along. As a good listener, he would be able to know where the complaint of each of his workers.

Risks generally is unavoidable in human life. Everything we do carries some risks along with it. Eating and dining have risks along with it. Going to work has its own risk. Or haven't you consider that there is risk of being sacked without committing any offense?. We can't run away from risks...

It is better as you have found another one before quitting your former job. This is what I meant that before quitting your job, ensure the one you are applying for is secured and guaranteed. Always you have finalize all the discussions regarding terms of service and payment. If it suit you, then...

Not all time should an employee be fired for incompetence. If after all efforts to address the issue failed and no improvement from such employee. I think they can look for soft assignments in another section of the company where he may likely fit in. There is provision for all sorts of work in...

Unless we would be economical with the truth. Every workers engage in informal conversations with one another during official period. This is what is called small talks. This is practice to ward off tensions and stress among workers. There is no way this could be stopped so far the official work...

I would rather prefer to work on a small company. When you work in a small company, though the payment might not be much, but you stand the chance of being developed effectively. When you are working in a small company, it is easy for you to develop passion to establish a related business.

There are plenty offline businesses available. You just need to search for one if you are in need. Moreover, if you cannot find one, then create one offline business. It is wrong to depend on others, creating offline businesses for us to work. Congrats for finding solution in online business.

Nothing is as important as this. That is taking stroll out and refresh somewhere. But don't stay too long to the extent your official work would be affected. During your strolling, stop anything that has to do with brooding. You need to prepare your mind for upcoming assignments.

In as much you are still working in companies, you are bound to be working under pressure. Though it might not occur often. But it does have occasionally. There are times, you might be stressed up and needed time to relax, but your official duty at that time may not warrant it. So you keep...

Social media had changed model of job hunting alone, it has also changed the model of job posting. Each big brands has sections in their social media handles where prospective seekers can apply.

Profits alone can not be used as a yardstick to determine the success of a business. Though when a business is recording profits in its financial account it is assumed to be making progress and success. But the element of success as business is concerned is more than that. A successful business...

Yes it is not a good move to quit your present job while in the course of another one. Such action is regrettable. No one is saying to look for better alternatives is bad. But if you have to look for another one, ensure you don't lose the present one and your present work is not compromised as well.

Time plays major role in business management. To manage 2 businesses together without one affecting the other requires skills and time factors. You may have think time scheduling scheme is the solution. What you should remember is that, occasionally we are faced with situations beyond our...

The kind of product you are selling may dictate the price you will be selling them. Some goods are essential and so must be purchase occasionally. Such goods irrespective of their prices, consumers must buy them unless where such goods have substitutes. Similarly, some goods are luxurious in...

Competition in businesses as rigorous as it may seem is beneficial to the society. Though no business would like to have rivals for it to be able to control the market structure. But where there is competition, it gives the consumers option to select among the varieties. It also allow the...

That quality of mind which enables one to encounter danger and difficulties with firmness, or without fear. This is the quality some of us are lacking in order to take decisive action. If you don't have courage, you won't be able to tackle that obstacles that have stand like a threat. Without...

Integrity is defined as the state of being moral soundness or honest. A business with integrity is adhered to a moral conviction. Such business honors commitment and keeps promises. It doesn't disappoint its customers. It's yes is yes and no is no. It also hold itself responsible for any action...

Discipline is the act of observing certain well defined rules in an organization. Every profession has its etiquette which serves as standard to be followed. When a business organization has a discipline, every workforce in it is mandatory to abide with it. The popular quote of '' where there...

Contentment is the ability to be happy and satisfied with what one has. A contented worker does not look for loopholes in order to quickly enrich himself. The below attributes are common to contented workers - 1. Satisfaction. He's satisfied in every condition he found himself. He doesn't wish...

Yes, it is not advisable to depend on only one source of income. But care must be taken to ensure your official business is not affected while establishing the second one. If you don't have the resources to cater for the second one, concentrate on the first one and build it to the point of...

It is a common quote in business world that customers satisfaction is their concern. As a business owner that want his business enjoy lasting relationships with its customers, you must look for way on how to establish customer satisfaction. Always seek their reviews concerning the reaction of...

I wonder why the aim of some people is to defraud a business someone labored hardly to established. In their attempts to become rich quickly, they would be looking for opportunities to enrich their pocket by manipulating account recording and destroying receipts and invoice. They have forgotten...

It is not that it is not working for IBM. It worked for them especially during covid19 period. What it cannot be established here is that, is it all their workers that were recalled or only some of their management staff?. If it were all their workers including the management staff, then IBM...

Cost of production play major role in determining the price of such product. And the price inadvertently has indirect variations with the demand of such product. As a business owner, you must look for ways cost of production must be minimumly optimized such that the cost of production is not...

Time is very crucial in business development. What should be done in the morning must not be delayed till afternoon. Assignment for today must not be postponed till following day. It is not good to be effective alone, it is good to be efficient as well. Procrastination do not make business goes...

Holding animosity against your fellow colleagues at work is bad. It does not promote good relationships. This is why some workers are fretful to their colleagues at work. Instead of open up and discuss what causes the bone of contention, they would rather keep it in their mind and be behaving...

There is no scamming in forex trading. No brokers can manipulate the result of forex trading because it is an international event. Forex is more complex than crypto trading. There are more ways to earn interest in cryptos apart from trading, the opportunity of which is not available in forex...

Yes plan B is necessary as you are planning to establish your business. Ensure your plan B is well established and sustainable, capable enough to cater for you in case your dream project fail. Many people failed in this area as they feel that once they started their businesses, things would...

Resting and exercising are the best way to take stress out of the body. Stress is disastrous to our health which can cause result into untimely death. It is high time we take health of our body seriously when it is manageable than when it would become a crisis. Always take good rest when the...

Competitors do take this strategy of reducing their price with the hope that more customers would take advantage of low price to demand more of their products or services. One cannot follow same suit because customers would quickly notice the changes and misinterpreted as rival trades strategies.

People of bad vibe can not be ruled out in every society. They are everywhere. Their mission is cause trouble and looking for whom to implicate. The only way to avoid them such people is to always avoid them wherever you found them. Focus on your official work.

Yes. Where the matter could be resolved amicably, it is better to talk it out and resolved it. In situation like this, ignoring is not applicable here. But where the party involved is a troublesome type, and is ready for negotiation, then it is better to ignore him than to open a can of worms.

As a leader, you must have ability to Bea good speaker and good listener. Your ability to express yourself to the best of convincing your subordinates will be able to determine your followership. You should not constitute yourself into a boss by doing a talking only without allowing for...

Personal discipline izs the best culture a man should have. You should have the culture of self control on all your activities. Know when and how to talk. Evaluate your your sentences critically before you speak it out. Don't say something that will enrage your listener. Don't be talkative...

Personal introduction takes important role in starting a conversation. You need to first introduce yourself before you can command good listenership. And one thing in Africa is that if you don't blow your trumpet, no one will blow it for you. That is, you don't expect a third party to start...

Every individual business has its own way of treating its customers. This is an act of promoting mutual business and its customers relationships. I remembered a company I visited sometime ago. The company had it in its habit of serving every visitor a cup of tea and snacks. I cherished the way I...

Covid19 actually opened eyes of the whole world to the imperative of doing online business. And this has led many big brands like IBM to ask its staff to stay home and be doing their official duties. It was as a result of doing online business that was what saved my family and I from the pangs...

That is the problem of Africa generally. Poverty has eaten deeply and our governments are playing politics with it. Most of poverty eradication programs initiated by them have political undertone. Well, as for this topic, average family prefer consulting cobblers to repair their wards shoes...

That is why it is said that we should look before we leap. It is not all our thinking that are justified and therefore should be acted upon. Before we act on any of our thinking, we should seek advice from those we considered are more intelligent. It is not good to start regret after our action...

Thanks for supporting my views. There is no point reciprocating the gestures in the same manner if one does not want to run into loss. One should think of things to be added to the product such that it would looks rebranding and offer additional values than the erstwhile products. When the...

Yes, I agree with you. But it is not everytime your product must be based on customers satisfaction. The packaging and values you added to you products at times would force customers to change their decision. Coca-Cola don't seek customers views when branding their products.

My brother, it is reality to see some people establishing business they are ignorant of. Just because they imagined how much profit they could made out of it because the business is lucrative in nature and lots of people are doing it. That is why they invested in it. That's all.

All suggestions and advices are welcoming. That is why almost all businesses have suggestion boxes at their main premises. Apart from that, you can make use of their live chat facility on their sites. You can also engage with their customer cares online and finally make use of their verified...

Resting and exercising take great stress out if the mind. Anytime we feel stress up, we should not continue aggravate it by continuing in the assignment. We must put a stop to it at once and find an unobtrusive and safe place to rest. We may take cool refreshment in order to cool our mind. While...

Not only you. Being online business man, I prefer silence environment to work. I feel relaxed and concentrate. My mind is not infiltrated with noises and therefore affect my reasoning faculty. Radio I don't tune. Television I don't switch on. No wonder our past renowned philosophers went to...

Yes, when you shared your burden out with your friends, the tension is reduced. The mind is freed of preoccupation. You feel relaxed. But my friend, care must be taken with whom you are sharing your personal issues. '' Not all clothes are dried in public linen ``. Those whom you shared your...

Imagine this. A logo for $5000?. To some doubting Thomas in the house. This is unbelievable. But look here, I'm telling you it is feasible. The way such designer prepared himself and marketed his services matter a lot. And one thing about this logo design is that you don't have to crAck your...

There is a popular saying that problem shared is problem solved. Even though it is not safe to discuss about private information during small talks at work. Yet, there are some situations such is avoided while discussing personal issues with confidential colleague at work whom one can trusted...

Thanks for this. One of my friends brought my attention to breweries where many workers and senior management staff are religion adherents and yet, they are working in breweries. What can we say of that?. He pointed that so far a business is not illegal in its form and not detrimental to the...

Not everyone that goes there buy beer and they don't force anyone to buy. But the people that visited the place for their browsing assignment are forced by nature to buy drinks to quench their thirst or to supplement their staying. Imagine staying in a place for more than 3 - 5 hours is...

No. He doesn't need to leave school premises. During my college day, I was engaged in the business. I don't live my class. I ordered online from a lie press, jumia. I also had one company that used to deliver at my hostel door anytime I made requests. This was lucrative in that most students...

Small talk are to just keep environment lively. It is not everytime we should be talking about business. Some minds are stressed up already with official assignments. Through small talks, their mind are relieved. They use small talks to unburden their souls. Ideas are shared. Problems are...

It is only conservative businesses that would still be keeping their data and information in paper files and stored in registries. If you visit one registry, you will notice how tattered and unkept the place is. Also, there is no safety to the files as they are vulnerable to rodents attacks...

If we are to face the situation squarely, one thing we have to know is that individuals has different mental disposition to issues. Where you are to face an issue and the person you dealing with is temperamental in nature and the whole scenario just blow up into unsavory scenes. How do we...

Mini importation is when you order for commodities online from foreign merchants into your country in small scale. The difference between mini importation and the real importation is that the former is in small scale and you don't have to get approval from government before doing it. And you...

Is it possible to eat your cake and have it at the same time?. How possible is it for a man to be in 2 places at the same time?. That is the dilemma a man proposing to run 2 businesses at the same time has to face. It might look so easy, thinking a time schedule would be arranged for each...

Before the evolution of internet, there were ways our traditional businesses were doing. Most of those traditional businesses were done in unconventional methods. Some businesses did not even required you must have degrees before you set it up. Once you have your fund, rent building, off you can...

Globally, there are two major seasons which are dry season and rainy season. Each of these seasons has its peculiar businesses which can be found lucrative as long as the season last. The businesses become unproductive the moment they are extended beyond their season. Such businesses can be...

There is a popular say that '' look before you leap``. Which meant, before you take that drastic decision of quiting your job, ensure there is a sustainable environment for you to leverage upon. It is everybody's wishes to establish and has own business. But there are occasions things do not go...

This small talk is what is called gist in Nigeria. It is allowed in almost all organizations but must not be abused to the point it override the official duty. Small talks must be done at minimal rate. It is a way of expressing personal views in unofficial conversation. When you visit...

It is important to set up filing system because that is the place where all data and information are kept. All businesses operations rely on data and information. Every information about a business organizations is kept in its database which is then stored in a safe place for further reference...

There are lots of businesses you can run while still being student without affecting your studies. There are online and offline businesses you could run. Among them are barbing, hairdressing, sales of stationers, sales of second hand clothes, mini importation, freelancing, online money making...

It can. It depends on the way it is presented and the kind of services rendered. I knew of a beer joint in my area that offers free Wi-Fi to the general public. There is no way you would go there to browse without eventually buy a bottle of beer from the beer joint. Is that not a marketing...

I thank you all for your contributions above. It has helped my perception in handling the matter. Actually, I'm not referring to the faith of the general public, I'm referring to the faith of the person that wanted to set up that business having realized it is not an illegal business, his...

Stock taking though is stressful and time taking yet it is necessary if don't want situation the business would go bankruptcy as a result of fraud. Regular check up must be carried out periodically. This is the only way frauds and other malpractices could be detected at the early stage before it...

It is not that the model is not working anymore. There are still some big brands that are still engaging in remote work. Only IBM is in better position to give reason why it called off the programs and had to recall its workers. IBM cannot be queried for taking such actions.

That is the only way to avoid envious colleague at work. I cannot recommend forceful friendship to be made, because no matter how one tries to satisfy them they are insatiable. And they may want to use that friendship opportunity to indict or implicate.

If a competitor in my line of business suddenly reduces the price of his product, I would not reciprocate by reducing mine. Rather, I would think about how to add quality values to my product and sell at the same rate. This extra added value would compel the consumers to demand for my product.

Target market could easily be done through market research. This is where survey come into reality. Big brand companies engages the services of marker researchers to carry out in depth market research on their products. This would give them first hand information on how the public feel about...

If it were on freelance sites like Fiverr, the average amount a graphic designer could charge is $5 per work. This amount is the least charges. ON the same platform, you can find those that are charging as high as $1000. It all depends on the type of graphics design wanted by the buyer. The...

Good marketing prices is based on the cost of production and other work in progress cost. At times, customers demand cannot be used to determine your price. Where the goods is exclusively essential, no matter the price you are selling it, customers would buy it. Take for instance, the price of...

As far as Nigeria is concerned, starting cinema house or business is no more lucrative. Cinema business has now become outdated business. People don't go to cinemas to watch movies again. Film producers too don't patronize cinemas cfor their film showing. Online video streams like Netflix...

Printing press business is a lucrative business but capital intensive project. You must have unds to aquire equipment for the printing work if you want to practice full scale printing business. However, if you cannot afford it, it means you have to depend on those full scale operators to handle...

Yes, you are right, in a sane country, graduates can not work in anywhere but in their respective discipline. In Nigeria here, as a graduate, you don't have option. You jump in into any available work vacancy you are offered. Jobs are given to recruitment agencies.

Communication has even boost the way we communicate with one another in the society. I don't need to visit before we can discuss. With the modern communication, distance is not a barrier. Similarly, communication has developed our commerce tremendously. It helps in promotion and advertisements...

If you desire to quit your job for the mere reason best known to you I would advise that you quit when you think you would not have cause to regret negatively about your action and therefore decide of re-apply again. If your mission is to establish your business, don't quit yet. Ensure your...

Gossiping can be ruled out in the company, even in the society. It is called grapevine. That is the medium through which news spread fastly without running official ads. Gossiping is generally perceived as fake news outlet and therefore should be ignored. Meanwhile, not all gossiping are fake news.

There are two major reasons why business is formed. One reason is to make money and be living a desired life. While another reason is to provide solution to the problem experienced on the society. Though the agenda of both parties is to make maximum profit, but the way and manner of the body...

Stress is when you put your mental state in tension. This condition can be as a result of over working or condition of services at work. At times, the state of mind could cause stress as a result of brooding. All these could be avoided by position your mind in relaxed manner.

Any hospital that involved itself in financial fraud is lacking professional etiquette. It is very common to see some officials of health insurance connive with the management of the registered hospitals to issue overpriced bills. Many hospitals have even disengaged their services from the...

Whenever there is merger, some stakeholders are made to pay. This merging would favors some whilst unfavor some. Some workers would be lay off. Management would change. New system would be adopted. The success of merging depends on how sincere each parties is to the merging.

A business is successful when it is able to maintain its going concern. It is able to be run on profitable levels without incurring losses. The workers are paid without any outstanding.Products and services are well utilized. The accounting records are in profits.

No amount is to poor to start any businesses. In Nigeria, that $30 can start something. You can start online mini importation with it. You can learn some online businesses and be rendering it online. There are many people here who started their water vending with less than $10.

You don't have to divulge into your either past or present life story to your colleagues at works. No matter your level of relationship. It is only your company that could request for the details of your personal information and not your colleagues at work. It is risky to engage in such acts.

Why would anyone feel uncomfortable when there is silence at work?. After all, it is not all businesses or companies that are noisy in nature. Go to professional firms like insurance, law chambers, banks, courts etc, silence must be maintained there. Silence is their decorum. It is only in...

If one is to consider and follow the steps outlined above, one would not be obliged to start one business in time. The above guidelines is better but not good for someone that want to start from scratch. Business can be started with little amount you have. Just ensure you have passion for it.

Yohanna is not referring to stock assets here. The stocks he referred to here is business terminology. It refers to the system of calculating the number of products you have available in the stores or warehouses after deducting sales and damages. It is from this system you would be able to know...

As a result of target market, Africa has been turned into dumping site for most of the foreign products. African market has been studied. They know what we are lacking and their target is to provide products that would solve some of those problems.

You can give business advice by following through channel. Most businesses have their verified social media accounts you can get in touch with them. Apart cfrim this, you can make use of their live chat services on their website. Also get in touch with their representative sales manager.

Though customer satisfaction is the key to progress of every companies. But one thing that should be remembered is that human beings are insatiable. We don't have same taste to an object. What one customer may decide to like maybe what another dislike. And the taste of both parties must be...

Work generally is stressful, no matter how you try to handle it. There are time you would be assigned too much work and there time you will have less assignments. Every workers has one or two challenges they encounter at work daily and their preparation toward it would determine how such...

Modern communication has made it very flexible the ways proper filing could be done. Unlike in the past where data and information are kept in paper files, they are stored in electronic gardens such as computer and are arranged serially for easy identification.

It is only companies that are selling genuine and good quality products that would allow warranty and refund policy on their products. This policy is to assured the customers of the guaranty of their products or services. But it is not all companies that render this policy.

We have lots of recycling plants in Nigeria. They are are the ones buying these iron scraps from the scavengers. They turn these scraps into iron rods and plates during productions. I had in several occasions sold iron scraps from my faulted household materials to them.

There are lots of tremendous changes in communication. Unlike in the past that traditional communicational means we're used. The modern communication has brought alot of improvements to our society. It has reduced lots of challenges we encountered in the course of human interactions.

Ignorance is the best solution to an envious colleague. Always try to avoid him in most situations. Be accommodating his misdemeanor. Where official duties causes your confrontation, be as much persevere as possible to avoid situation that could lead to confrontation.

It is not that the less privileged are so impoverished to the extent they can not buy new shoes that is why they have been repairing their shoes. Shoes are unlike clothes. If the rate at which one possess clothes is the same rate he possess shoes, wouldn't that be amazing?.

It is not only the private sector companies that workers can be cheated. The practice is done in public sectors as well. I know of many public sector companies that these malpractices are very common. The workers therein complained secretly bitterly but cannot exposed their corrupt officials.

Future trading should be no go area to whoever is not a guru trader. Future trading is a system created by the exchangers to lure investors into systems that are too risky. Spot trading is better in crypto trading as it is less risky than future trading.

Yes. Adding value would add to the economic value of that product. A product with low value would not enjoy much patronage. Value plays major role in products marketing especially if such products have rivals in the market. It is the values that would be used to differentiates products.

Property remains one of the fixed asset that hardly depreciate in values. It always rises and that is why real estate is a lucrative business. The property some ancestors possessed then in comradeship manners have now become treasures to their present generations. I would love to invest in...

Life itself is a risk. Everything we do in life is a risk. Food, drink, work, sleep, walk. Can we avoid all these because they carry some risks?. Not all risks are as difficult as we imagined. If attempt is not made, we won't know how flexible a risk is. You don't judge the beauty of an object...

Richmen don't mend their shoes but buy new. Even not many rich people consulted the indigenous shoe makers and buy shoes from them in order to encourage them, but would rather prefer to buy imported shoes. You can only found local shoes in local stores and open markets.

Thanks for quickly identifying your differences and resolved in time. That is the power of comradeship at work. It is better to resolve any misunderstanding than allow it to linger and become a crisis. Disagreement would bound to occur as often as the situation warranted.

LinkedIn is a renowned social media platform where business minded people converge. Instagram is also included. But care must be taken when establishing connection to them. There are many fake account handles opened in their names. Confirm the authencity before establishing connection with any...

Market survey plays major role in in the price determination of a product. You have to compare and contrast the price of other rival products in the markets. Price fixation is a strategic decision to be made. Wrong prices would affect the growth of the business.

If pressure are not imposed on workers, they would fail to execute their official duties. Workers always abuse the privileges of being left without supervision. They would use the chances to commit time theft doing gossiping. To avoid this, strict supervision must be carry out on them.

Yes, it was because it didn't favor the company that was why it must had called them back. While at home, some of the staff would not be efficient and effective. They won't be committed to their work because they were at their comfort zone. This practice was not productive to IBM.

Mutual trust and understanding must first be established among your co-workers before your superior officers. Because your co-workers are your grassroot colleagues who are closer to you and are in best position to assist you in terms of problem. Therefore, you must feel free to discuss about...

Even if the new recruits were not taught on the day of their employment, they shall learn it during the course of discharging their official duties. They would learn how things were done, who were the superiors, the right course data should be channeled etc.

Yes o. They are found everywhere in business organizations. This act is not limited to superior officials alone. It can be found on junior officers like salesperson, clerks etc. Because they were in possession of the receipts, they believed they could manipulated them to their own suits.

Anytime I felt exhausted and stressful, I relieved myself of any assignment I was doing. Take brief walk outside. Find some places to take some rest or nap. After wake up, I took some shower and fresh up. Take light food if hungry and do some exercise. By the time I did all these, I would have...

Rest is sweet after a day hard work. That is the medical quote. Sleep plays major role in human life. If animals do not compromise their sleeping, why then we humans?. One thing that should be elaborated here is that, if we refuse to sleep at at when due, it would manifest on us because nature...

Some bad element of the society see any position they fortunately found themselves as the best opportunity to enrich themselves. They careless of the repercussions of their actions to the general public. There were many officials who siphoned funds from health insurance scheme established by the...

The way products are packaged, determine how well it would be perceived and received. No matter how quality a product is, if it is not properly packaged, it would not be negotiated very well. This act is what the companies take into consideration when they are packaging their products.

It is common practice in all organizations where workers made several attempts to blackmail one another out of envies for the mere reason of clinging that superior position. This practice does not limited to private organizations alone, it is extended to government ministries as well. This...

It is not every time ignoring rs not a a workable resolution. There are lots of actions, behaviors and practices you would come across in your work premises. If you want peace to reign, you must ignore some of those actions and concentrate on your official duties. This is the only way you could...

Small tasks can be arranged in time as the situation demanded. Small talks is necessary in business organizations. This is the avenue through which issues arising could be discussed and likely solution could be proffered. But this small talk could be fixed in time that would not be detrimental...

Though it is possible to merge companies that are in Financial crisis together. But in most cases, it is not feasible when one of the company is in better condition. No one would dare agree to merge with unhealthy company except to buy it off entirely.

That is why we said many failed to execute their dream projects because they have learnt their lesson from those who had failed. It is this episode that causes fear of unknown for some to establish their project. However, this should not have been capitalized upon. The fact that someone else...

Yes o. That is why I support the motion that say disagreement is vital in business development. However such disagreement must not be borne out of envy or jealousy. It must be purely on idea differences. It is when this is observed then we can say disagreement is relevant.

Health of the body matters alot. Always listen to the tune of your body when you are working. Anytime you feeling sleepy, drop whatever you are doing and take a nap. It is not good cheating nature. It would manifest on you later. When you have sound health you can do things.

Packaging must be attractive in order to seduce the customers and boost the sales of such products. Many sellers know the importance of packaging when they pack inferior products with good attractive packages to lure buyers. You cannot package good quality products with poor packaging.

Merger of businesses could also arise in order to control the market of their services or products. Also where the minimum capital base as stipulated by the government could not be met up, those affected organizations would pool their resources together in order to form a merger.

Thrift societies are needed for business development. Many people have business ideas but lack resources to implement them. And not many have collateral which they use to borrow loans from banks. Based on this, they would need alternatives sources where they can get loan at affordable rate and...

To add value to a product means you must ensure the product has capacity to provide utility value. That is it must be able to provide solution or satisfaction to the purpose in which it is established. If the product you are producing do nor have utility values, then such product would not enjoy...

Philosophy of life do not teaches to hate or dislike our fellow human beings not to talk of co-workers. We should learn to like and accommodate our colleagues no matter their disposition toward us. We can like and be honest but not to trust them to the point of compromising our safety. So no...

Butchery business is a lucrative business in Nigeria. After high rate of fish consumption, meat consumption is the next. People are demanding meats at alarming rate. I noticed this whenever butchers do not open their shops. The fish sellers would capitalized on the advantage by increasing the...

No boss is incompetent. Being a boss is not easy tasks. The fact that a boss is not more knowledgeable or skillful than his subordinate does not make him incompetent. Infact he is more qualified that is why he is a boss. He might be obstinate, arrogant or cruel. Those are the type of bosses that...

That is the only way frauds could be detected. You can't use internal machinery to investigate. There would be connivance between the investigators and the offenders. In order to detect this manipulation of records, thorough stock taking must be done where the lapses would be detected.

Could you pls kindly enlighten me here if it is normal to establish a business though legal in its form but ones religion is against it. For instance, a friend of mine approached me ask for my views on whether it is allowed and not anti-islamic to establish piggery farming business. I was...

Having earlier illustrate how solar power products have taken over in Nigeria, my concern now is what business module could be generated out if it?. Now that almost all houses can be found in solar power products, how lucrative is the idea of establishing selling of solar power products?. Not...

Ever since our government in Nigeria failed in its responsibility to provide steady supply of electricity, many houses have resolved to supplement the epileptic supply of public electricity. Many people are using fuelled power generators and gas supply to do this. Despite all these efforts, the...

It is one thing to think of establishing a business it is another thing to manage it well. The success of every businesses lies on the passion and overall attention giving unto it. There are some certain factors that must be considered when establish a business. First, you have to check if you...

Natural philosophy stated that there must be motive for all human action. Before a man embark on certain mission, he has an objective before doing it. Even before a benefactor can do a favor, he has mission of doing it. Likewise all business owners. What is the motive of doing the kind of...

The nature is so endowed that every perceived problems has its solution somewhere. The ability to detect where the solution is and quickly tap into it ahead of others before it becomes viral would constitutes its lucrativeness. Human society is full of problem called challenges that varies from...

Working under pressure is inevitable when you are working as an employee. The business determines the nature of works to do. You are not in position to decide what works you are comfortable with. This constitutes some of the obstacles encountered at work. So you can't avoid it but just prepare...

Gossiping otherwise called grapevine is not allowed in the company premises. It retards the wheel of progress of a company. Gossiping can not be ruled out. It is a source through which most information spread out in the company premises. It is not all gossiping that should be treated as rumors...

Invoice fraud schemes are committed by the officials at work. It is a system of falsifying accounting records. Important documents like receipts, ledgers are tampered with in order to make success their loot. Invoice fraud is bad and should be discarded. It is a grievous offence that if found...

Health insurance fraud is very common here as well. Every government established health insurance scheme in their regions and placed it under the control of their agencies. Those agents due to their corruptional attitude abuse the program and misappropriated the funds allocated into it for their...

Disagreement is not bad at all. It is constructive tool in business development so far it is not borne out of envy. Provisions allowed divergent opinions to be expressed. From this disagreement, tangible points could be derived and accepted upon by the generality of the board.

Social media could have been the best way but, is also risky. Because there are many scammers who open fake accounts in the name of the influential businessmen. Their mission is to get the poor fellows that would fall into their prey. So therefore, if you are trying to get across to them on...

Displine in moral and finance would guide against failing into addiction. Be able to have self control over your conducts and avoid to be influenced by third parties from falling into the quagmire. Attempt to be reducing the number of time you spend on gambling daily and if possible, try as much...

That is the best solution. It is very hard to satisfy everybody. No matter how you try. The envious one won't be convinced. However, it is not good to join him in a situation that could cause disagreement which would eventually lead into conflict. Avoid him and focus on your official duties...

IBM is a big multinational company. It did not sack the workers before. I think it asked them to be working at Home as a result of covid19 epidemic. And now that the epidemic period is over, it asked them to resume back to office. Though that is my views. Any views contrary to this is well...

I remembered that time I was working in a manufacturing company. I overworked myself in an attempt to earn more wages and work allowance. I did double shift work and do not in most time sleep. I continued doing it till it got to points I could not get myself. I felt so exhausted and...

It is important to abide with any rules and regulations as set up by every institutions. Things must be done accordingly and that is what brought about the issue of hierarchical structure. If this is done, there would be abuse of officialdom. Each officials would not know his limitations and the...

We don't have effective test emission centre's in Nigeria. Everybody just they do as they wish. Nigeria remains one of the top country where environmental pollution is committed. Motorists on one part, industries on another part. Wastages in form of smokes and dusts from production, are released...

It is possible to have bosses like that who are always complaining no matter how you tried to satisfy them. They are insatiable and therefore always shift blame of their own misdeeds. One thing you should remember is that they are just helping to make you strong. But this they don't know.

Yes, accounting errors can distort the authentication of that company status. A lot of its stock would be affected as well. Confidence in such business would be negative. Its overall accounting record called balance sheet would be affected. The exact amount of taxes which supposed to be based on...

People doing money fraud are not to be blamed but the government that enable and encouraging them. Every government has laws and agencies on ground that are fighting against money fraud. But how many offenders have been successful tried and jailed so as to serve as lessons to others. Immediately...

It is not good to start a business with a loan. Especially if you have not done that business before. It is too risky and carry too much anxiety. If you have to start a business, ensure to do it from your personal money. This could be in forms of savings, grants and donations but not loans...

Yes, only large corporations have well defined hierarchical structures on ground. Nevertheless, some medium scale organizations have their own hierarchy as well though it might not be as officious as big corporations. Anywhere, there is hierarchy structure it must be followed.

Poor sleeping habit is bad to the health of the workers that are engaging in it. It is to avoid this the management allows shifting in works. Yet, some workers would attempt to override this by working extra hours in order to earn more incomes. What such workers don't realize is that their...

Workers don't have any options than to resume back to work. Atleast, period of epidemic has come and gone. There is no need working at home if some of them are not effective and efficient. There are must be reasons why the IBM management decided to recall its workers back to office.

There are many ways connection can be made with the famous business men. Nowadays, almost all famous businessmen have their social media handles where they can be followed and engaged. They could be invited for seminars. They could also be invited as special guests during gala show.

Disagreement is an essential tool in business development. It is possible for everyone to perceive something in the same direction. So where there is divergent views, we should all review it and bring out points that would be productive to the business.

This would not provide everlasting solution to their problems. For how long would they continue not having money in their wallets?. It is better we think of permanent solution to their problem and not temporary solution.

Position of the company at times causes effect of over staff to occur. When company is producing far below its maximum output, there would be less work for workers to perform. It is then you will see scenarios where only one shift is maintained by the company. Whose fault?.

Force resignation can happen in any sphere of employment. It is in fact common to superior officer who is perceived to be a threat to the most superior officer. This force resignation has caused some officials to remain submissive in their posts pending the time they would be able to scale through.

Every work has its own challenges, including online business. When challenges come, your main priority is to look for ways to overcome it. We should not allow it to depress us. Depression would not provide solution but rather add to it.

Both of them are good. Of you are not financially stable you cannot engage in investment plans because investment is risky. When you are employed, you can use part of your earnings to invest instead of saving it. With this method, you hardly bear the crunch if unexpected happen to your investments.

Customers are always right but that do not mean we should always abide with their requests. When you are in rural locations, you should be selling those essential commodities that every household must demand daily.

When you are into freelance job. Time play important role in order to be successful in the niche. For instance, in Nigeria, if you are looking for buyers you must be online around midnight. That is when you can get Americans online. If you login to your freelance sites during the day, you would...

When you are providing likely solution, you should not be emphatically aggressive that your solution is the best to be adopted. Give room for others to express their views and thereafter jointly review and evaluate the possible solution.

If family members are allowed to work in the same company, most time they won't be serious. They would carry personal matters above official matters. They would turn the business into family business. Discipline would be difficult to establish.

Yes. This is not limited to companies only. Go to our open markets, you would notice most edible food commodities are prepared in dirty environments. And there are environmental sanitation officers who careless because they have been bribed.

Yes. Products packaged in sachet sell more quickest because they don't have long durability. Sachet products are also not costly o produce. For instance, most of household materials like detergent, milk, water, beverages are now packaged in sachets.

In order to avoid situation of accounting errors to occur, account department must be handled by professional accountant. In account department, there are other officials who are working in collaboration with the accountant in order to ensure proper accounting records.

Every individual workers that want their joint effort to be productive must be ready to collaborate with his other co-workers. Lone efforts is not recognized and appreciated, it is when other workers contribute their own too to complement the lone efforts.

Farming appears more lucrative than business. Farm products have more demands than business services. Both man and animals depend solely on farming for survival. Most businesses also depend on farming for their raw materials. No farming, no life.

It is a grievous crime for any institutions to commit financial fraud. In Nigeria, just as there are special courts established for the purpose of trying financial crime cases, and another agency called EFCC for the investigation and trying financial crime cases, yet the rate of financial crimes...

That is the main reason why majority joined online business. They want alternatives sources of income that would supplement their offline job. After all, you determine how and when you want to work unlike offline jobs that have time schedules.

Na real problem o. Office etiquette must be followed in addressing the bosses. Though the nature of each individual bosses matters. There are some who don't care how you address him while there are some who are so brutal.

Offices are arranged and demarcated based on the hierarchical order. There are some offices that are not accessible to unauthorized persons. For instance, board of directors office. Chairman office, Managing Director office etc.

Most artists fall into this condition and regret later when they realized the opportunity they missed. Lot of producers always examine the lucrative potentiality in any works before they agree to promote it. But they won't reveal this to the artists in order to blindfold them.

Forget about the owner of a business being objective. Nepotism is the order of the day. Applicant are employed through favorism and not by merit. This favorism could be through political, religious, social or family connections.

At times prices do change for old products as well. The current prices is based on the current cost of production. We all know the prices of commodity do change sporadically. The price we bough last months may changes in the current prices now.

Accounting errors could affect the company negatively if not redress in time. Accounting errors would affect the financial statement which could not be used to determine the financial status of such company. This is a grievous mistake that must not be made at all. All entries during recording...

A co-worker that is understanding, flexible and honesty is good to work with. He is the type that would not be backbiting. He shares the same views with his other colleagues. And he's ready to compromise his ideas or views. He believes what affects his colleagues at work affect him also.

Hmn, this is a big offense. But surprisingly, it has become normal practice. When they are selling shares of companies to the public, false financial statements would be produced as evidence of good standing of the companies. It is later after purchasing the shares true revelation about the...

The bigness of the place you are living doesn't matter when you are deciding the kind of business you are to do. Look at the area you are, identify the peculiar problems people living there are having but no solution. Find a way you could provide solution to that problem. Voila!, you are into...

It is not good for working place to be dirty with litters and other stuffs. This is really unhygienic conditions for workers to be working. Situation like this is exposing the lives of the workers to health hazard. It is the duty of the company quality control or environmental departments to...

This is a lucrative business in Nigeria. Owing to our culture and traditions, we are socialite in nature. After day's hard work, we like to relax and having fun in the night. Everywhere along the major streets in urban areas, you would find stands of people selling frying chickens.

Every organizations has its own way of solving disputes at work. No specific strategy could be adopted as ways of solving it. That is why all organizations have sections handling any issues that may likely result into disputes. The board ensure they resolve the issues before it become a crisis.

Presently due to the rate of unemployment in the country, appointments are not done on merit anymore UT on favoritism. You have to be influentially connected before you can get appointments anywhere. The qualified personnels are roaming the streets looking for vacancies.

In Nigeria especially Yorubaland, it is regarded uncultured and immoral to call your boss by his name. Bosses are always addressed ''sir or ma'' without adding his name. Everything here is done on respect manner. Junior worker found to be insubordinate would be sanctioned.

Not all producers knew the relevance of this strategy. Economic situation could make some people take drastic decision that he would regret on in future. It is better to contact consultant in your field to seek his opinion before committing yourself into any deal.

Everybody could have several reasons why he opted into online business. Some are led as a result of frustration from their office works. Some are as a result of unemployment. While some is because they want comfortability in their profession.

It is good to appreciate the efforts of workers. This is not necessary to be done in monetary compensation. But it can be through kind gestures. Let the workers feel that their efforts are appreciated. With this, they would be motivated to intensify more in their efforts.

The factors mentioned above are the primary determinant in fixing product pricing. Production cost which is the average cost of producing the products and the expected profits. Likewise, we should not forget the price of other rival products in the markets.