Welcome to Kadilak Eke's Blog

Do you know that Agribusiness is the new crude oil? Do you know you can make millions from Agriculture?  Are you an entrepreneur or an aspiring entrepreneur into Livestock farming, Crop farming or food processing. This eBook is a game changer for you in your quest of sourcing for funds for you business or idea. It contains workable steps you can take to make your Agribusiness bloom and to source for funds from grantors easily. Guess what? Its just 1,000 Naira and can be downloaded  HERE  

  Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”. During the press conference to announce NOKIA being acquired by Microsoft, Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”. Upon saying that, all his management team, himself included, teared sadly. Nokia has been a respectable company. They didn’t do anything wrong in their business, however, the world changed too fast. Their opponents were too powerful. They missed out on learning, they missed out on changing, and thus they lost the opportunity at hand to make it big. Not only did they miss the opportunity to earn big money, they lost their chance of survival. The message of this story is, if you don’t change, you shall be removed from the competition. It’s not wrong if you don’t want to learn new things. However, if your thoughts and mindset cannot catch up with time, you will be eliminated. Conclusion: The advantage you have yest...

FINANCIAL MANAGEMENT BUDGETING Budgeting refers to an estimate of cost, revenue and resources over a specific period, reflecting a reading of future financial conditions and goals. A budget is a plan of action for achieving quantifiable objectives, as standard for measuring performance, and a tool for coping with foreseeable adverse situations. TYPES OF BUDGETS ü Operating Budget: This include Expense budget, Revenue Budget and Profit Budget. ü Capital Budget: This is also called capital expenditure budget. ü Financial Budget: This include Cash budget and Balance sheet budget HOW TO PREPARE A BUDGET Before preparing a budget, ask these questions: 1.      What is the period with which you are working 2.      What does your company want to accomplish most 3.      How will you accomplish that 4.      How much will it cost 5.      What are your funding sources ...

  The Corporate Affairs Commission (CAC) has extended the deadline for companies to file their annual returns from January 1, 2024 to April 1, 2024. This extension is due to glitches on the company registration portal and in deference to the Micro, Small and Medium Enterprises sector. The CAC encourages all companies to take advantage of this extension to file their annual returns. If you haven't registered your business and you will like to register,  Chat with me on WhatApp on 08032607611

Negotiation is a give and take process between two or more parties (each with its own aims, needs and viewpoints) MYTHS AROUND NEGOTIATION ·         There must be a winner and a loser ·         Negotiation appears to involve conflict ·         Negotiation is not an option ·         Only cheap, petty people haggle ·         A good negotiator is manipulative THE RULE OF THUMB Let the situation determine the strategy and not the strategy the situation. THE NEGOTIATION PROCESS 1.      Prepare 2.      Discuss 3.      Propose 4.      Bargain In Negotiation, the Acronym BATNA is applied. BATNA stands for Best Alternative To Negotiated Agreement ·         When a proposal is bett...

  DATA DRIVEN SALES AND DATA MANAGEMENT What will a business man define data as? Any guess? Good guess, well, Data refers to the distinct facts and figures which together make up information. Data is often raw, unorganized facts that need to be processed. It is usually acquired through observation and may be quantitative or qualitative. Managing data can help: 1.      It can help handle large volumes of information 2.      Harness power of data and gain useful insights 3.      Personalize the customer experience 4.      Add value to customer interaction 5.      Identify the root cause of strategy failures and business issues in real time 6.      Reap revenues associated with data driven sales marketing. Information Data is in a raw form that is simple, random, or useless. However, once it is processed, organized and structured, and presente...

  Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation said this on Thursday, two months after President Bola Tinubu’s administration launched the scheme targeting 15m households as part of moves to cushion the impact of the fuel subsidy removal. “We have so far paid 3.5 million Nigerians N25,000 each. Of course, we are out on the field and covering another 4.5 million in the next one week so we will have altogether close to about 8 million people between now and the end of the year,” he said on Channels Television’s  Politics Today.   According to her, the ministry verified the first trance of the beneficiary and is still in the same process as the scheme continues. She said the list is being expanded to accommodate more people like retirees. “A total of 480 persons are on that list. They are presently undergoing their in-person verification because if we cannot verify who you are and where you are and that you are below the poverty line, you are not ...

  First of all, what is a team? A team is a group of people with a full set of complementary skills required to complete a task, job or project. Team work enables the generation and cross-fertilization of value-adding ideas. Team work promotes: ·         Better problem-solving ability ·         Faster individual team member’s growth ·         Improved productivity ·         Better products ·         Effective service delivery ·         Customer satisfaction Team work differs from work group in several ways. WORK GROUP TEAM WORK Direct leadership Shared leadership Individual goal Common goal Skills are matched to individual Complementary skills Commun...

 Hurray!! Application for the Shell Regional LiveWire programme for smart businesses in Nigeria is out. The purpose of LiveWIRE is to improve opportunities for young people to realize  their potential through the creation and development of their own businesses. Such businesses will contribute towards a more buoyant economy and communities with more fulfilled young people. LiveWIRE Nigeria is a youth enterprise development programme  supported by The Shell Petroleum Devlopment Company of Nigeria Limited  (SPDC) ,. What is the aim of the programme in Nigeria The objectives for the LiveWIRE Programme in Nigeria are to: Assist youths to discover and develop business 'ideas' through Bright Ideas Workshops Make available to youths that want to go on to start a business, business planning and management guidelines and skills through the Become A Successful Owner Manager Course (BSOM) and affordable them grant funding. Run awards for best business plans, the price of which ...

  WHY DO CUSTOMERS COMPLAIN? There are a lot of reasons why customers to every business will complain. These reasons varies and is dependent on the product or services offered. Amongst the reasons are: 1.      Customers would complain when you have broken your promises to them. 2.      Customers would complain when you over promise and under deliver. 3.      Customers would complain when you do not keep them informed. 4.      Customers would complain when you do not communicate properly regarding your products or services. 5.      Customers would complain when there is some form or unprofessional behavior from one or more of your team members. STEPS TO HANDLING COMPLAINS Customer complains must come in every business at any point in time in the business growth. The problem should not be why complains should come, rather the problem should be how to handle these proble...

  You think you know what customer service is? Customer service is everything an organization does to meet and exceed customer expectations, create a memorable experience and cause customers to return and do referrals. It is how customers feels when they have finished transacting with you. FACTOR TO DETERMINE A GOOD CUSTOMER SERVICE 1.      Quality of product or services 2.      Culture of organizations: The way your employees treat your customers 3.      The Individual delivering the service: The right attitude is needed. 4.      The customer: Different mood and characters 5.      Specific point or stage in the customer transaction (moment of truth): This is where the customer judges the organization In service quality, there two conditions to consider; Tangible and intangible. Tangible refers to the things the customers can see or feel for example the cleanliness of...

The Flourish Africa Grant for Female Entrepreneurs is a One Billion Naira Fund created to support and promote African female-owned businesses over 5 years through training, mentoring, and funding. The programme will empower the entrepreneurial activities of at least 2,500 female business owners through funding and structured training over five years. Through the programme, a minimum of 500 female entrepreneurs would be trained in business and life skills each year, after which the top 100 achievers from the pool would be eligible for grants of 3 million naira each from a 200 million naira annual fund. The Flourish Africa training curriculum has been designed to educate and prepare female entrepreneurs for their business journey and give them wings to fly. It also gives female entrepreneurs an enabling platform for practical skill development, mentoring, business capital, and access to the marketplace. Application Criteria Application for the grant begins November 27th,...