The 618 Bees blog
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
50 articles · Newest first
WHAT IS NIGERIAN DATA PROTECTION REGULATION? Nigerian Data Protection Regulation (NDPR) provides legal safeguards for the processing of personal data. LAWS GOVERNING NIGERIAN DATA PROTECTION The Nigeria Data...
What is mobile money? Mobile money is a financial solution that allows users to send and receive money, as well as pay for goods and services with their phones without a bank account. It is also a...
Business succession planning is a series of logistical and financial decisions about who will take over your business upon retirement, death, or disability. One of the biggest challenges you will face as a...
Legal support services help small business owners achieve their goals with expert advice and skilled representation. It is best to have law support on your team before problems arise so your business is...
The start of a new year is a great time to take stock of where your business currently stands and turn your attention to the future. It is a great time to assess your business goals for the year to come, and...
From my experience of managing 618 Bees, the end of the year business evaluation is something I really dread. For a lot of businesses, particularly SMEs, this time of the year is a busy one as they are in...
Business compliance is the process of making sure your company and employees follow all laws, regulations, standards, and ethical practices that apply to your organisation and the industry at large. The...
According to the Family Firm Institute, family-owned businesses account for two-thirds of businesses worldwide, making them essential for both economic growth and job creation. So how can one make a family...
There is this anonymous saying that states that;“The average millionaire has 7 sources of income”. Now more than ever before I believe this and my belief in this is hinged on the fact that the state of the...
A shareholder’s Agreement outlines how a company is to be operated, the rights and obligations afforded to the shareholders, and the relationship between the company and the shareholders. The purpose of a...
One of the most common misperceptions of entrepreneurship is that what makes a successful business is the idea for a unique product — that if you just have that one great idea that nobody has thought of...
When a new business is scrambling for funding, staffing, and a product-market fit, best practices of corporate governance tend to be far down the priority list. These start up challenges notwithstanding, the...
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