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A revenue model describes how a business generates revenue streams from its products and services. It is one of the key components of the business model. Existing businesses interested in expanding to new areas or adjusting to a new generation of competitors should carefully consider their revenue models. A strong revenue model is also most...
What is a Business Pitch? A business pitch is a business plan that you present to available and willing potential investors to secure funding for your business. The pitch helps you to explain and give investors key insights and information about your business to enable them to make the right decisions about investing in your...
As an entrepreneur to enable you wow the judges during the pitch session, here are some suggestions to make your pitch stand out. Tell a story: Nothing will hook investors more than a story that they can relate to. That’s why your pitch deck should start by defining the problem you are solving. Make sure...
Money makes your business go. It is not advisable to go to a bank to borrow money when you’ve just started in business. Banks normally make loans only to businesses with a history of operation. A banker’s primary concern is your timely repayment of loans. The fuel to make loan payments come from your cash...
What is a Business Plan? This is a document that helps you create a written outline that evaluates all aspects of the economic viability of your business venture including a description and analysis of your business prospects. While it may not ensure your success, a business plan on one hand provides a useful roadmap as...
Starting a business is a very exciting adventure that can take you through many twists and turns, highs and lows that leads to great returns especially when done right at the start. It is not something one just dabbles into but one that involves strategic and meticulous planning behind it to determine which business is...
The demand for teak wood is ever increasing and has a return on Investment of about 100% with low risks. The demand for teak wood is ever increasing and has a return on Investment of about 100% with low risks. Teak wood (Tectona grandis) is a huge, tropical tree and yields excellent quality wood, making...
AKAMU+ is a product desired to meet this need for demand by locals but with the addition of nutrients such as Vitamin D and Calcium in powder form to bolster the nutrient composition as well as the sales of the product. The aim of every business is to attain a state of profitability and remain...
The aim of this business is to cultivate one (1) hectare plantation and process 100 Fresh Fruit Bunches of tenera oil palm to produce palm oil, palm kernel oil, and palm kernel cake. This business would ensure that part of the domestic market’s demands are met and it would also create job opportunities. The business...
The aim of the enterprise after its rigorous research carried out by its team on the sub-standard quality of the majority of Garri in the market today; is to produce a Healthy and Nutritious brand of Garri, fortified with certain minerals and vitamins to further increase its market value and its suitability for exports.  This...

NIGERIAN SOCIETY OF CHEMICAL ENGINEERS FOUNDATION, an organ of the NIGERIA SOCIETY OF CHEMICAL ENGINEERS (A Division of Nigerian Society of Engineers) …. National Development through Chemical Engineering

Recent Posts

How to make a winning Business Pitch
July 22, 2021
How to make your Business pitch stand out
July 22, 2021
Financing your Business
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Business Plan
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Starting your own Business: What to consider
October 7, 2020