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Funding a business
How Do I Get Funding For My Business In Nigeria?
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[QUOTE="Richee84, post: 214190, member: 42448"] Getting funding to start-up a business in Nigeria is quite very challenging and difficult. Capital in business is one of the life wire of any business of which without good funding the business will collapse or be struggling to survive among it various competitors. There are various way business can be funded depending on the one that work for you. Business can be funded through personal savings, individual who have in mind to engage in a business must cultivate the culture of personal savings. Though it's very hard to make savings and keep it for a long period of time without touching part of the savings but if one is able to make savings on his or her own it will go a long way in funding the business without any consequences of repayment. Another way to get a business funded is through borrowing form friends and family, financial institutions and from government or multinational corporations. This process don't actuall come that easy as it require serious of documentation except for that of the family and friends that might not require much documentation. Grant form either government or Nor governmental organisations is also a very good way to source for fund to support business activities. [/QUOTE]
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How Do I Get Funding For My Business In Nigeria?
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