If you’ve ever been stranded because the ATM wasn’t dispensing cash or the queue was too long, then you already know to start a POS business is in demand. POS agents charge ₦100–₦200 per withdrawal; with 20–50 withdrawals a day, you can realistically make about...
Starting a POS business in Nigeria looks easy from the outside: get a POS machine, grab a chair and table, and wait for customers. After all, people need cash every day, so how hard can it be? But the real challenge is what is your POS business survival level POS...
Choosing the wrong POS business location make it hard if not impossible, to make profit from your POS business. You launched your POS business with high hopes. You got your machine, printed your banner, and set up your table, ready to serve. But now? People walk past...
Except you are living under a rock, you’ve probably heard about the Central Bank of Nigeria (CBN) directive where people can only get up to ₦100,000 cash a day and a total of ₦1.2 million a week for POS businesses. As a result, most POS agents are already feeling...
Let’s be real getting customers is tough, but keeping them? That’s where the magic happens. If you want your small business to grow, you can’t just focus on making sales, building customer relationships is a must. When customers feel valued, they keep coming back,...
Every business has competition. This can be pretty intimidating for your small business success, especially when your competitors, are bigger than your business and have more resources at their fingertips. It’s time to make a choice: compete or get driven out...