The advent of social networking has been a game-changer for businesses the world over, with impressive impact. Social networking which is the use of internet-based social media platforms to stay connected with friends, family or peers have gone beyond a ‘social’ tool to an important tool needed for business growth and survival...

As small business owners and managers are battling with finance, opinions have always been divided on what type of funding SMEs need to ensure judicial use of resources and also ensure the sustainability of the business. No doubt, small businesses need funds to tackle such issues as operations management, marketing, stocking, human resource management, expansion, diversification, etc...

Loan repayment which is a way of paying off the debt balance on a loan over an agreed period has been a major issue in small business finance. Repayment can be in a lump sum with interest at maturity of a loan. On the other hand, loan repayment defaults are when a borrower could not or will not pay back his or her loan and when the financial institution no longer expects to be repaid...

The COVID-19 pandemic has put many small and medium enterprises at severe risk of running out of money. This is due to decreasing income especially during the heat of the pandemic occasioned by the economic shutdown...

Small businesses are faced with critical challenges that compromise their ability to function optimally. Chief among the challenges is inadequate access to financial resources and credit facilities especially short, medium, and long-term capital...

The Covid-19 pandemic which has caused unexpected panic and disruptions is still considered a big threat both for public and private sectors. While there have been more than enough damages on the health of the people, the economic implications are very ....