Corporate Financial Intelligence is an organisational level framework for driving performance and shareholder value. #LBSNigeria Faculty, Osaretin Kayode Omoregie explains the key elements of the framework. https://youtu.be/_MkdMmBn3xI
Read moreSize the Opportunity
You will need to size the opportunity by creating an opportunity report. The Opportunity Report can be viewed as a high-level business plan or a precursor to the feasibility study. Your opportunity report should be no longer than five (5) pages in text (excluding cover sheet and appendices) and ten (10) pages in total. On..
Read moreValuing your company
Valuation involves estimating the worth or price of a company. Different industries use different methods to determine this value. Some industries use complicated quantitative models, while others use relatively simple approaches. Regardless of the methodology used, however, the valuation of a business incorporates not only a financial analysis of the company, but also a subjective..
Read moreKeeping records and preparing accounts as an entrepreneur
Accounting isn’t the most glamorous part of setting up or running a business. Most entrepreneurs would rather spend their time developing their product line or growing their client base. But accounting is important. Without it, your business will never reach its full potential. A lack of adequate accounting could even create legal problems that could..
Read moreStaying on good terms with the FIRS
1.1 File Tax Returns One of the quickest ways to find yourself audited is to not file your tax return. It’s better to extend if you must—extending doesn’t increase your chances of an audit and gives you more time to prepare your information and file a more accurate tax return. Moreover, if you can’t pay..
Read moreDeveloping the Business Plan
‘’By failing to plan, you are planning to fail.’’Benjamin Franklin , Inventor and Business man By this time, much of the initial analysis required to write your business plan has been concluded. All that remains is to put together what has been developed into a well-written plan that communicates your intentions to internal and external..
Read moreThe CEO’s Guide to Effective Business Models
“I started the business with a simple question: How can we make the process of buying a computer better?’’- Michael Dell, Founder of Dell Computers A feasibility study should be conducted to determine the likelihood that your business idea will be successful. While it is not a checklist, a good feasibility study tests the different..
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