Startup Basics

"Trademark Licencing" What is it?

"Trademark Licencing" What is it?

By DIY Law 2 min read
Trademarks could be the bodyguard to your business. They are an important business asset that could protect your…
List of COVID-19 Resources for Nigerian Entrepreneurs

List of COVID-19 Resources for Nigerian Entrepreneurs

By Oluchi Johnson-Achibiri 2 min read
Updated April 29, 2020 As most businesses struggle to survive during this period, we have compiled a list of resources…
What it means to be a Social Entrepreneur

What it means to be a Social Entrepreneur

By Glory Enyinnaya 1 min read
Grameen Bank. The Salvation Army. Mercy Corps. The African Leadership Academy. Unlike the typical technology…
Insurance for Start-ups and SMEs

Insurance for Start-ups and SMEs

By Ope Osiyemi 4 min read
As a start-up or growing business, it is important to take into consideration insurance and place it as a priority in…
Offer letters vs Employee contracts. Everything you should know

Offer letters vs Employee contracts. Everything you should know

By DIY Law 2 min read
Before we proceed, no they are not the same! Offer letters and employee contracts are similar but they exist to…
My Co-founder and I Want to Protect Our Interest in Our Little Startup

My Co-founder and I Want to Protect Our Interest in Our Little Startup

By DIY Law 2 min read
You would never really spearhead a company if you did not believe it was bound to grow into something great. And…
How to Write an Affidavit: Free Sample Download

How to Write an Affidavit: Free Sample Download

1 in every 7 adult Nigerian has either deposed to an affidavit or has been asked to depose to one
By DIY Law 3 min read
Averting Business Failure

Averting Business Failure

In the real business world, it is not smooth sailing which is why many businesses fail. There is
By Glory Enyinnaya 3 min read
Five Ways to Protect Your Startup from Bad Debts this New Year

Five Ways to Protect Your Startup from Bad Debts this New Year

New year, new business moves!  At the beginning of each year, most businesses set their goals
By DIY Law 1 min read
5 Free Short Management Courses to take during the Covid-19 Lockdown

5 Free Short Management Courses to take during the Covid-19 Lockdown

The current COVID-19 outbreak in the world has thrown many of us a little off our game! As the
By Mariam Adeoti 2 min read
 How Important Is Protecting Your Company's Intellectual Property?

How Important Is Protecting Your Company's Intellectual Property?

Over the past few years, some words or concepts have become quite prominent in the business sphere,
By DIY Law 3 min read
10 fastest growing business opportunities in Nigeria

10 fastest growing business opportunities in Nigeria

There are profitable business opportunities available to any smart investor in Nigeria, and these
By Nairametrics Financial Advocates 3 min read
Build Your Entrepreneurial Skills Today

Build Your Entrepreneurial Skills Today

The three core skills every entrepreneur should master include: Bookkeeping and accounts Personal
By Glory Enyinnaya 2 min read
Advantages and Disadvantages of Setting up a Private Limited Liability Company

Advantages and Disadvantages of Setting up a Private Limited Liability Company

If you have any plans of taking OPM (Other People's Money) and these other people happen to be
By DIY Law 1 min read
The Small Business Entrepreneur

The Small Business Entrepreneur

Law firms. Restaurants. Consulting firms. Fashion boutiques. Schools. While the technology
By Glory Enyinnaya 1 min read
If you're in your 20s & 30s here are some ideal investments to consider

If you're in your 20s & 30s here are some ideal investments to consider

I wrote this for myself as a guide to ensure that I follow the steps below. But then it struck me
By Nairametrics Financials 4 min read
Business Continuity - When a Co-founder Dies

Business Continuity - When a Co-founder Dies

Jire and Chioma met at the University of Lagos several years ago and became friends. Their
By DIY Law 1 min read

Choosing your Business Structure

 What You Should Know Before Registering with a Business Name

What You Should Know Before Registering with a Business Name

Most MSMEs in Nigeria are often registered as either Business Names or a Private Limited Liability
By DIY Law 2 min read
Why franchise your business? Values of franchising business owners should know about

Why franchise your business? Values of franchising business owners should know about

The franchise business model is popular and globally proven for business growth and rapid expansion
By Chiagozie Nwizu 2 min read
How to appoint a Director

How to appoint a Director

Who is a director? The Companies and Allied Matters Act (CAMA) defines directors as "persons duly
By DIY Law 3 min read
Tips for improving your working capital

Tips for improving your working capital

Running a small business is hard work. Most times the founder of the business has to wear many hats
By Dolapo Sanusi-Ola 2 min read
10 fastest growing business opportunities in Nigeria

10 fastest growing business opportunities in Nigeria

There are profitable business opportunities available to any smart investor in Nigeria, and these
By Nairametrics Financial Advocates 3 min read
Can a Director of a Private Company be Appointed by a Will?

Can a Director of a Private Company be Appointed by a Will?

Mr Arrowhead, a very prominent Nigerian suffered a stroke and was flown abroad where he received
By DIY Law 3 min read

Filing and Paying Taxes

Pioneer Status Tax Incentive in Nigeria

Pioneer Status Tax Incentive in Nigeria

Pioneer status tax holiday is an initiative by the Nigerian government designed to encourage the
By Oyindamola Adeosun 1 min read
Understanding Value Added Tax (VAT) in Nigeria

Understanding Value Added Tax (VAT) in Nigeria

Value Added Tax (VAT) is an indirect tax levied at a rate of 5% on goods and services consumed. The
By Oyindamola Adeosun 1 min read
Frequently Asked Questions and Answers on General Tax Administration

Frequently Asked Questions and Answers on General Tax Administration

Photo Credit: Question 1 What happens when a taxpayer's payment is posted to a wrong tax
By Oyindamola Adeosun 4 min read
Frequently Asked Questions and Answers on Withholding Tax

Frequently Asked Questions and Answers on Withholding Tax

Photo Credit:  Question 1 What is Withholding Tax (WHT)? Answer: Withholding Tax is
By Oyindamola Adeosun 3 min read
What is Personal Income Tax (PIT)?

What is Personal Income Tax (PIT)?

In Nigeria, individuals are required to pay tax on the income derived from a trade, business,
By Deloitte Nigeria 5 min read
Local Government Taxes for Micro Small and Medium Scale Enterprises

Local Government Taxes for Micro Small and Medium Scale Enterprises

Nigeria is a Federation with Governmental authority distributed along Federal, State and Local
By Deloitte Nigeria 2 min read

For Startups

9 Simple Business Ideas to Start in Secondary School

9 Simple Business Ideas to Start in Secondary School

Running a business comes with a lot of risks but starting early could help develop your business
By Kingsley Effiong 2 min read
14 Simple Business Ideas to Start in University

14 Simple Business Ideas to Start in University

The university community could be a huge market depending on the product or service you are
By Kingsley Effiong 2 min read
9 Reasons Why You Need to Register Your Business

9 Reasons Why You Need to Register Your Business

Registering your business is one of the many decisions you will make as a budding entrepreneur.
By Oluwakemi Afolabi 2 min read
Regulatory Requirements for Starting a Creche Business in Nigeria

Regulatory Requirements for Starting a Creche Business in Nigeria

With more and more women holding down full-time jobs or running a business full time, there is a
By Oluwakemi Afolabi 3 min read
Regulatory Requirements for Starting a Bakery Business

Regulatory Requirements for Starting a Bakery Business

Running a bakery is often compared to running fast food business especially in terms of
By Oluwakemi Afolabi 2 min read
8 Simple Business Ideas for Kids; Teaching them the Art of Entrepreneurship

8 Simple Business Ideas for Kids; Teaching them the Art of Entrepreneurship

It might sound cliche to say that children are our future; but it is so true. Teaching kids the art
By Kingsley Effiong 2 min read

Putting together Start-up Costs

Why Should I Buy a Franchise? Guiding Tips for a Potential Franchise Buyer

Why Should I Buy a Franchise? Guiding Tips for a Potential Franchise Buyer

Findings from the DFID 2016 franchise study indicates that there are over 460,000 Nigerians with
By Chiagozie Nwizu 3 min read
Insurance for Start-ups and SMEs

Insurance for Start-ups and SMEs

As a start-up or growing business, it is important to take into consideration insurance and place
By Ope Osiyemi 4 min read
Putting Together Start-up Costs for a Fish Farming Business.

Putting Together Start-up Costs for a Fish Farming Business.

Isn't it fascinating to know that most lipsticks ladies wear today are made from fish scales? Some
By Mariam Adeoti 3 min read

Registering your Business in Nigeria

How to Register your Business Online and Automatically Generate your TIN Number

How to Register your Business Online and Automatically Generate your TIN Number

For many entrepreneurs, the cost of registering a business, the administrative bottlenecks involved
By Oluchi Johnson-Achibiri 5 min read
Your Company Name VS Your Trademark, Do You Know the Difference?

Your Company Name VS Your Trademark, Do You Know the Difference?

Imagine the horrors of another company opening up a business with your company name?  All the
By DIY Law 2 min read
6 Circumstances Business Owners Would Need A Lawyer

6 Circumstances Business Owners Would Need A Lawyer

There are two professionals every business will need early on, the accountant and the lawyer.
By DIY Law 3 min read
5 Steps For Choosing Your Company Name

5 Steps For Choosing Your Company Name

Agadi Nwanyi wanted to register a company and what easily came to mind was Agadi Nwanyi Nig. Ltd,
By DIY Law 1 min read
"Trademark Licencing" What is it?

"Trademark Licencing" What is it?

Trademarks could be the bodyguard to your business. They are an important business asset that could
By DIY Law 2 min read
Company Incorporation in Nigeria: A Step by Step Guide

Company Incorporation in Nigeria: A Step by Step Guide

If you are reading this article, it means you are considering incorporating a
By DIY Law 4 min read

Regulatory Requirements

Regulatory Requirements for Starting a Hospital Business

Regulatory Requirements for Starting a Hospital Business

Hospitals play a crucial role in providing health services in communities and in the nation as a
By Kingsley Effiong 3 min read
Regulatory Requirements for Starting a Creche Business in Nigeria

Regulatory Requirements for Starting a Creche Business in Nigeria

With more and more women holding down full-time jobs or running a business full time, there is a
By Oluwakemi Afolabi 3 min read
Regulatory Requirements for Starting a Bakery Business

Regulatory Requirements for Starting a Bakery Business

Running a bakery is often compared to running fast food business especially in terms of
By Oluwakemi Afolabi 2 min read
Regulatory Requirement for Starting a Road Transport Business

Regulatory Requirement for Starting a Road Transport Business

Commuting by Road Transport is a common means of transportation for a lot of Nigerians and it plays
By Kingsley Effiong 2 min read
Regulatory Requirements for Starting a Pharmacy Business in Nigeria

Regulatory Requirements for Starting a Pharmacy Business in Nigeria

Photo Credit: FATE Foundation Generally speaking, self-diagnosis and frequent trips to the
By Kingsley Effiong 2 min read
Regulatory Requirements for Starting a Construction Business

Regulatory Requirements for Starting a Construction Business

If you are planning to set up a construction business, you should also plan to comply strictly with
By Kingsley Effiong 2 min read