Don’t be afraid of debt. Many entrepreneurs and businesses are utilizing debt to their advantage. Understanding debt and how you can use “good debt” to scale your business is what this article is about. When used wisely good debt can be a powerful strategy that contributes to business growth and long term business success. What […]
Is now the right time to expand your business?
The key to a successful business is figuring out how to grow it from day one. When you take the bold step to start your business, you figure out how to get your first buyer. When you get that first buyer, you figure out how to get the next one, then the next five, the […]
How to Get Your Business Investment-Ready
Securing investment is one of the biggest milestones for any entrepreneur. For some, it’s the fuel to scale operations. For others, it’s the validation that their idea is worth backing. But investment doesn’t happen by chance. It happens when businesses show investors they are prepared. The Funding Landscape in Africa Nigeria’s startup ecosystem continues to […]
Preparing Your Business for Global Success
For many entrepreneurs, the dream is clear: seeing their business compete, thrive, and earn revenue beyond Nigeria. But turning that dream into reality requires more than ambition – it requires preparation. Global success doesn’t happen by chance. It happens when businesses deliberately position themselves to meet international standards, manage operations seamlessly, and build trust with […]
Why Networking Is the Growth Strategy Many Businesses Overlook
When we think of growing a business, our minds often go to funding, marketing, or scaling operations. Yet one of the most powerful drivers of success is often overlooked: networking. Networking isn’t about collecting business cards or attending endless mixers. It’s about building the right relationships that create real opportunities. A study by LinkedIn found […]
Lagos Season of Creativity: Where Local Talent Meets Global Opportunity
Every year, Lagos transforms into a global hub for creativity. The city plays host to two flagship events – Lagos Fashion Week and Art X Lagos – attracting buyers, collectors, and audiences from across Africa, Europe, and North America. For a few weeks, the energy is electric. But for businesses that prepare, the impact can […]
How Prospa Expense Cards Simplify Your Spending
We’re introducing Prospa Expense Cards – built to give businesses the freedom to transact, scale, and stay in control. Why Expense Cards Matter for Your Business The business landscape has shifted. Paying online is no longer optional – they’re essential. Whether it’s covering essential tools for your business or running digital ads and subscriptions, businesses […]
Payment Barriers are Costing Nigerian SMEs $29 Billion a Year
Every business owner in Nigeria knows how much effort it takes to grow. You find customers, build your team, manage operations, and put everything you have into creating value. But when it’s time to expand many hit the same obstacle: payments. We’ve heard this story too often. A business ready to supply goods abroad but […]
The Journey That Makes Agri-Entrepreneurs Africa’s Next Big Story
The African Development Bank (AfDB) announced a $2.2 billion commitment to strengthen food systems across Africa. For many, it was just another headline. But for entrepreneurs in agriculture (the farmers, aggregators, processors, and distributors) building businesses from the ground up, it was a signal: the world is paying attention. The question is, how can you […]
An Unfiltered Day in the Life of an Entrepreneur
Every business has a story. But behind every order shipped, every ad posted, and every payment made, there’s an entrepreneur living through the constant hustle of running it all. One of our team members shared their reflections on what this hustle really looks like in a LinkedIn post. Their insights resonated deeply because we see […]
The Hidden Costs of Running a Business (And How to Outsmart Them)
If you’ve ever run a business, you know the thrill of making a sale. The notification pings, an order comes in, and for a moment you feel unstoppable. But talk to entrepreneurs long enough and you’ll hear the same story: the money doesn’t only go where you think it goes. There are the obvious costs […]
Looking Back at August, Moving Forward Into September
August was a month of progress, learning, and growth – for entrepreneurs and for us at Prospa. Each week brought fresh insights designed to help business owners take control, simplify operations, and prepare for bigger opportunities. We began the month with a focus on export-readiness. Expanding into regional and international markets is one of the […]