It is no more news that 66% of small businesses in Nigeria fizzle out before their 10th year according to Small Business Association (SBA) statistics. This has been the trend as a result of so many factors affecting SMEs in Nigeria and if you’re not going to be part of these 66% businesses, then you need to understand the WHY and the solution to sustaining your business.
Stay with me as I expose these to you.
The main challenges confronting the operations of MSMEs in Nigeria as revealed by the survey are access to finance and poor infrastructure, inconsistency in government policies, poor support (business development services), access to market, multiple taxation and obsolete technology.
So many businesses have gone under as a result of lack of vital information in marketing, customer relation, staff management, accounting, etc. and a handful have closed down as a result of insufficient cash flow. Yes, I understand it is difficult in this part of the world as a start-up or a business owner to have access to sufficient information and access to cash flow, but what if I tell you that you can get all of these at your finger tip – now made easy.
Business growth and strategy are no more rocket science, but information they say, is power and the ability to grasp it with both hands when it’s near is very vital, and right here you have it.
Permit me to introduce you to Diamond Business Advantage (DBA) by Access Bank, an Emerging Business proposition that is designed to equip you with the right tools to give your business the advantage it deserves. This unique financial product (Diamond Business Advantage) tailor made to suit any stage of business, and a range of non-financial services that will help you
❖ Make better decisions
❖ Manage cost
❖ Access finance
❖ Segment your market
❖ Grow your business across local and international markets.
That is not all…
With DBA, you have access to online (over 50 business courses, webinars) and offline business management trainings, networking opportunities, you’ve also got access to business advisory that will help your business growth, and what’s more, the most important, you have the opportunity to access funds.
It may also interest you to know that subscribing to DBA gives you access to the Diamond Business Club – a gathering where other DBA members are hosted and given the opportunity to share common interests and interact with one another, providing a platform to network and access to new markets.
Your business is just about to get a boost and scale massively.
The Diamond Business Advantage is open to Micro, Small, Medium and Large businesses (MSMEs) with 3 different plans (BASIC, GROWING & ESTABLISHED) – so entrepreneur has got to be on this irrespective of the level of your business right now.
If growing and scaling up your business is important to you, then get on board right now, subscribe to DBA and begin your business expansion journey.
You don’t want to miss out of the below Diamond business advantage calendar for June-July 2019
| S/N | ACTIVITY | LOCATION(S) | MONTH |
| 1 | Facebook Trainings | Lagos, Port-Harcourt and Abuja | June-July |
| 2 | Edufair | Port Harcourt | June |
| 3 | Business workshop | Abuja | June |
| 4 | Business Clinic | Lagos | June |
Click HERE right now to begin.
The Diamond Business Advantage is powered by Access Bank, your SME friendly bank.