Many of our clients who offer non-essential services according to government’s directives, for example, schools and crèches, bars and lounges, e.t.c have been expressing concerns over their rent that is running and business is on a complete halt or has terribly slowed down. They know that in a matter of months or weeks, their landlordsContinue reading “YOUR RENT IS RUNNING FAST BUT BUSINESS IS NOT RUNNING WELL OR AT ALL, WHAT SHOULD YOU DO AS A BUSINESS OWNER/ENTREPRENEUR?”
Category Archives: Business
DID YOU TAKE A LOAN PRE COVID-19 AS AN SME OR STARTUP? YOU SHOULD RENEGOTIATE YOUR LOAN TERMS NOW!
If you’re reading this and you’ve lost your job, your salary has been slashed or you’ve suffered business loss as a result of this pandemic that makes it impossible for you to comply with your loan agreements and repayment plans, my counsel to you is to approach your creditor, be it a commercial bank, micro finance bank or any other money lending outfit and request a renegotiation of your repayment plan.