Business Regulations, Law & Practice | |
Business Regulations, Law & Practice | |
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Wednesday, March 18, 2020 / 03:00PM / MSMEStandards by BAAC
How far can you go
with just that little idea you have, do you have the capacity to see beyond
what you are trying to build now into something much more sustainable,
contributing to the growth of the nation, self and community?
Too often, we are
incapable of seeing the possibilities that may arise from the birth of an idea
and how phenomenal growth may be if certain things are done right at the very
best of times. Research has shown that more and more people are going into
entrepreneurship either full time or as part time. Regardless of what the
reasons are for starting the entrepreneurial journey, it is important to avail
one's self of the required tools, processes and knowledge that may not
necessarily make the journey easier, but at the very least will help to
navigate the various regulatory and operational twists that will come along the
way.
In light of the
challenges to the Nigeria's micro, small & medium scale enterprise (MSME)
sector, Business Action Against
Corruption (BAAC), a collective action group, has taken it
upon itself to develop a portal that may address the growing needs of these
MSMEs.
The portal aims to:
The MSMEStandards
portal (www.msmestandards.com)
is all about helping to build blocks for governance, controls and
anti-corruption compliance in your businesses.
The question then
becomes, as a small/medium sized business, still struggling to put together
your business, how will the use of the portal be beneficial to you? The answer
to this is simple enough. Many of us are too invested in just starting the
business with the sole aim of churning out profits, however because businesses
are quite different and there will always be factors that may mitigate against
the productivity or efficiency of a business, it is quite smart to build from
the scratch a process that can help address these issues that may come up in
the business life span. If building governance, controls and compliance
guarantees certain benefits, what is there to lose, really?
MSMEStandards is a web portal that brings verified and certifiable
service providers within the reach of service users looking to build sustainable
business process, introduce the use compliance and anti-corruption controls in
their businesses, and go through a ratings or certifications process for your
business that may open up access to funding from financial institutions,
collaboration and partnership opportunities with foreign and local businesses
and a huge knowledge database.
It is in our best
interest to initiate building blocks that will not only ensure the
sustainability of our businesses but will guarantee that we are adequately primed
for all opportunities for growth and expansion that may come our way.
Do visit www.msmestandards.com,
register and start your journey towards building for the future. You can
contact us via info@msmestandards.com for more information. You can
also connect with us on Twitter, Facebook,
Instagram and LinkedIn
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