Sprout Business Support

Credit: tashatuvango - Fotolia  Copyright: tashatuvango - Fotolia "Systems run your business, people (or computers) run your business" - Richard James  The human body is a complex framework. The body is organized as  Molecules to cells to tissues to organs to systems to organisms; this   makes the body. The reason for the sustainability of your actions of survival such as digestion, respiration, reproduction (***Coughs***)... is based on the functioning SYSTEMS  in your body. These systems make living seems seamless, that is exactly what systems do to your business, they smoothen your operations not just once but in a repeatable fashion.  A business without systems is inconsistent and hectic to run, dissatisfies customers, losses great workers, and in the end, loses money.   Business Systems are crucial to the sustainability and profitability of your business.  Since they make your actions and operations easily repeatable  People buy impressions before they buy products. Bus

Starting, launching, and running a business  with the right tools makes it much easier. With the  advent of better business technology and business models, business owners can benefit from cost-saving and profit-increasing business applications and software. Here are   10 outstanding software applications and how they help your business save cost, and helps you increase growth and profit. Canva  Invoice.ng  Handwritten PDF e-signatures  Inigo LinkedIn UNUM Mint (Budgeting) Appypie (Create your Own App) Evernote Canva ( Available on Andriod, iOS, and Webapp) Canva is a graphic designing application that allows you and your team to create stunning graphic designs to launch your social media advertisements. The app has all templates for all social media platforms and even a short YouTube ad feature. It has a free basic plan which gives you all the privileges except premium photos and resizing. What more? Learn more from Canva.com 2.  Invoice.ng (Available on Webapp Only) Get paid faster w

Asubiaro Samuel Busayo Head Consultant Sprout Business Support Start a Business Now! Photo Credit: Fit Express   So you want to make some extra bucks, or the pandemic has knocked you off your job, Whichever it is, here are 10 business ideas you can begin immediately with minimum capital and no special skills Some weeks ago, I uploaded a post Welcome to the new economy , read it to understand we are in an information age driven by digital advancement in all sectors of the economy. Therefore, these ideas may not deliver optimally if you do not carry out digital marketing, and open a small website as a landing and contact page for your online customers.  1.       Network Marketing 2.       Blogging 3.       Video Classes on Udemy (Skill based) 4.       Making homemade consumables (Soap) 5.       Private Tutorials 6.       Trading Cryptocurrency  7.      Snail Farming 8.       YouTuber 9.       Dropshipping 10.   Plantain Chips Production and

By Asubiaro Samuel Busayo Head Consultant Sprout Business Support. Launching a business Enterprise in a Digital World (First things First) The art of starting a business in these times has undergone significant changes in a decade –on – decade comparison. In the past, business and economy has developed through several stages the industrial age, in the times when Henry Ford built his assembly line for mass production of Ford Cars, Mary Kay built her first make up firm and when John D. Rockefeller built his Standard Oil Conglomerate.    The media age, which came about through the creation of media houses such as Ted Turner’s CNN,   Charles-Louis Havas’s Agence France-Presse and the BBC; multinational and multi-millionaire dollar Media houses and the dot.com boom, the creation of computer software and hardware moguls such as Apple Inc. ®, Microsoft®, Hewlett-Packard®. These periods of business had their opportunities and their accompanyin

By Asubiaro Samuel Busayo Head Consultant Sprout Business Support. Living in the New Economy You probably heard these words at least once in your life ‘Go to school, get a good grade and get a good Job and settle down’. No one said ‘Go to school, whatever you study, learn entrepreneurial skills, and above all learn how to make money work for you’ but this is the obvious reality of the 21 st century. We have to come into a time where a persistent learning attitude is the only security for continuous income. The most wealthiest and influential people on earth today have one thing in common, a continuous and undying thirst for knowledge.   The economy we live on today is knowledge backed and knowledge driven; here are the reasons why the new economy is knowledge based Increased Technological advancement: Moore’s Law is the observation that the number of transistors on integrated circuits doubles approximately every two years. 

Why building your savings in a Covid-19 Economy might be a bad idea By Asubiaro Samuel Busayo Head Consultant Sprout Business Support. Exchange rate forcast from wallatinvestor.com Recently, I got a data analysis contract from an Australian client, I charged him 300 USD; I was ecstatic, why? Because the value of a dollar against the naira had suddenly increased due to the COVID 19 outbreak; there is an increase in the demand for dollars by the government to purchase medical supplies for treatments of patients. So, more international contracts, more income!!! But the other side of the coin is that the Nigerian economy is a reactive economy rather than a proactive economy, which suffers from international shocks because of our habitual importation. Hence, a reduction in the value of a naira against the dollar translates to increase prices of almost all goods in the economy (because we will pay countries we import from in their local currency usually in USD). So,