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How to choose the right bank account for your business needs
Businesses should be advised to have a business bank account that meets their needs and supports their business development. Among other ben

Enyidiya Uwa Ojike | Chief Executive Officer
Jan 23, 20243 min read


How to set up a business accounting and tax system
Establishing an accounting and taxation system is a crucial task for companies, and perhaps even individuals. These systems assist you in ma

Enyidiya Uwa Ojike | Chief Executive Officer
Jan 16, 20242 min read


How to create a scalable business
While there are some little distinctions between scalability and growth, they are inherently interdependent. A growing company will ultimate

Enyidiya Uwa Ojike | Chief Executive Officer
Jan 9, 20243 min read


OVAC Group: Reflecting on the year that was and looking ahead to 2024
I would like to take the opportunity to thank all our customers, existing and new, for their support of OVAC Group over the last 12 months.

Ngozi Fakeye | Programme and Change Director
Jan 2, 20242 min read


May this holiday season be unforgattable
A seasonal message from the OVAC Group

OVAC Group
Dec 19, 20231 min read


How to plan for your business succession and exit strategy
Having a succession and exit plan is something that business owners need to know and be ready for. Having a well-thought-out succession and

Enyidiya Uwa Ojike | Chief Executive Officer
Dec 12, 20233 min read


How to prepare your 2024 financial forecast/budget
One of the tasks involved in financial planning is creating a financial checklist, which is a list of tasks that a company must finish withi

Enyidiya Uwa Ojike | Chief Executive Officer
Dec 5, 20233 min read


How to plan for growth
Planning growth is all part of the business development. When you foresee an increase of your business in areas like clientele, consumer n

Enyidiya Uwa Ojike | Chief Executive Officer
Nov 28, 20232 min read


How to raise equity financing
This week, we would look at how to raise equity financing. This is a topic for businesses, which we have already touched upon in our blog ‘E

Enyidiya Uwa Ojike | Chief Executive Officer
Nov 21, 20232 min read


How to access lender financing options
This week we will look at how to access two types of lender financing – debt financing and loans.

Enyidiya Uwa Ojike | Chief Executive Officer
Nov 14, 20233 min read


How to fund your business operations and projects
Financing is a never-ending process for business owners and entrepreneurs, whatever their size or industry sector. If you decide to seek out

Enyidiya Uwa Ojike | Chief Executive Officer
Nov 7, 20233 min read


How to measure the profitability of a business
Different measures of profitability exist so a business owner or manager needs to know which of the profitability to watch.

Enyidiya Uwa Ojike | Chief Executive Officer
Oct 31, 20232 min read


How to evaluate the financial performance of a business
If you are running a business or considering investing in one, you must dig into its financial performance to determine whether it is profit

Enyidiya Uwa Ojike | Chief Executive Officer
Oct 24, 20231 min read


How to budget and manage cashflow effectively
A crucial skill for any business owner is knowing how to budget and manage the inflow and outflow of cash to fund the operations of the comp

Enyidiya Uwa Ojike | Chief Executive Officer
Oct 17, 20233 min read


How to create a financial forecast
The process of developing a financial forecast involves planning, creating, and executing the forecast, much like any other strategy in a co

Enyidiya Uwa Ojike | Chief Executive Officer
Oct 10, 20233 min read


Your financial forecast as a valuable strategic asset
What is a strategic asset?
Business know-how is a good example of a strategic asset since it is unique, valuable, hard to come by, and heav

Enyidiya Uwa Ojike | Chief Executive Officer
Oct 3, 20232 min read


Creating a financial forecast
A financial forecast is simply an estimate of your company's future revenues and costs. A forecast may be either short- or long-term in natu

Enyidiya Uwa Ojike | Chief Executive Officer
Sep 26, 20232 min read


Financial forecast: an overview
Creating a business plan is only one step in the process of being successful. However, many business owners have a tendency to get bogged do

Enyidiya Uwa Ojike | Chief Executive Officer
Sep 19, 20232 min read


Equity as a source of finance
Selling shares of the company is one way to get funds through equity financing.

Enyidiya Uwa Ojike | Chief Executive Officer
Sep 12, 20232 min read


Debt as a source of finance
Debt financing for a company is just the act of borrowing money with a commitment to repay within a specified period of time. Interest on th

Enyidiya Uwa Ojike | Chief Executive Officer
Sep 5, 20232 min read
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