Research shows that over 50% of SMEs fail in their first year of operation. This statistic highlights the significant challenges businesses face in today's competitive landscape.
We have carefully selected these proven strategies that have transformed businesses to new heights. Here, you will also learn how to stand out from the competition, expand your business and achieve your growth goals in your industry and in the Nigerian business environment
The most important step to achieving your desired growth objectives after considering your product/ service type, target audience, and business is to clearly define your goals with intention and precision. They must be SMART; specific, measurable, achievable, realistic, and time-bound. Once this is accomplished, the following strategies should be highly considered.