Saturday, July 27, 2024
23.7 C
Lagos

SMEs Reap Rewards at RedStar SME 1000

Determined to rejuvenate and strengthen SMEs in the country while also bridging the logistics gap for SMEs, Red Star Express hosted small start-up owners at the SME 1000 workshop.

Tagged ‘Breaking Boundaries, the event was intended to serve as a ground-breaking medium for Red Star Express to bridge the logistics gap faced by SMEs, give them support by sharing insights, information and industry advice as it affects them in relation to the growth of their business. It was also intended to identify business opportunities for the company while helping SMEs expand the SMEs’ reach locally and internationally.

Held recently in Lagos, the workshop created an opportunity for entrepreneurs and owners of Small and Medium Enterprises (SMEs) to receive advice and logistics resources from Red Star Express, other industry leaders and concerned regulatory agencies, so as to assist in creating an excellent opportunity to interact and network. It also created an opportunity for these entrepreneurs to exhibit their products.


L-R: Adedapo Adelegan, President, Nigerian British Chamber of Commerce/speaker (left); Anna Einarsson, Chief Executive Officer, Tribute; Sola Obabori, Group Managing Director, Red Star Plc, and Paul Foh, Chief Executive Officer, Katalyst Consulting, during the Red Star 2017 SMEs 1000 Forum in Lagos.

According to the Group Managing Director/CEO, RedStar Express, Mr. Sola Obabori, “Red Star is committed to supporting the growth of SMEs in Nigeria which is the bedrock of the economy. We believe that a more connected world means more opportunities. This is why customers including SMEs count on our diverse portfolio of offerings to connect to more than 220 countries and territories, linking more than 90 percent of the world’s GDP.”

“Through our foreign partners, we can take you from here to any part of the world within 72 hours. That is the kind of strength we have brought to the table. So if you are a businessman in Nigeria, we can take it from here and deliver your goods to anyone who has made an order from any part of the world.”

Some of the speakers at the event encouraged these start-up owners and admonished them on the way to go in achieving success in their various businesses. The President, Nigerian British Chamber of Commerce, Mr. Adedapo Adelegan, reiterated the need for patience while waiting for business growth. “You must have the patience to wait for 10 years to grow.

A business is like letter ‘S’ because when your business is at its peak, you start developing another idea. The reason for the second curve is to ensure that your business stands the weight of time. The internet brought information technology.  I however urge you to use the internet to get customers.”

Similarly, the CEO Tribute, Anna Einarsson, advised the young entrepreneurs to map out a clear vision which will be a roadmap to business growth.

“Vision without a plan is just a dream, so you need to write down your goals, set clear goals, make good contacts, take care of your contacts, celebrate small wins, keep your team motivated and goal focused, always keep a positive mind, think deep, take advantage of great social media tools, partner with good people build your tomorrow today and learn everything you can do.

The General Manager, SME Group, Fidelity Bank, Mr. Kenneth Opara, pointed out that SMEs are seen as agents of growth that drive the economy. He however counseled the entrepreneurs.

“Focus on critical sectors, recognise investment opportunities, build an internal strategy to survive, build your capacity as a business, build a process where investors can be interested in what you are doing, build a business model that supports your business opportunity and continue to innovate.”

Red Star Express has been a major e-commerce delivery backbone for a large number of SMEs, by ensuring hassle free order fulfillment.

The SMEs will be availed the opportunity of choosing from a bouquet of services depending on their business needs and requirements ranging from deliveries within 3 to 6 hours in Lagos, door-to-door deliveries nationwide, Cash-On-Delivery, Prepaid Delivery, Drop off & Pickup Centres, Freight, Warehousing, Inventory Management, Outsourcing, among others.

spot_img

Hot this week

Moniepoint Strengthens Efforts to Broaden Financial Access Through Collaborative Initiatives

Africa’s fastest growing financial institution according to the Financial...

ITU Ranks Nigeria High in Digital Transformation Readiness

A new report of the International Telecommunication Union (ITU),...

Stanbic IBTC Empowers 200 Nigerian Future Leaders Through Transformative Scholarship Programme

Following its successful launch in 2019, with the selection...

NCDMB Holds Retreat with Senate Committee on Local Content, Seeks Close Collaboration

Cross-section of NCDMB management and members of the Senate...

Insurance, Banking, Telecom CEOs with Highest Media Visibility in Q2, 2024

Inspite of the challenging economic conditions and their adverse...

Topics

Ecobank Appoints Abban as Group Consumer Banking Head

Ecobank Transnational Incorporated, the Lomé-based parent company of the...

Sovereign Trust Insurance Partners Society for Corporate Governance

L-R: Jude Modilim, Executive Director,Technical, Sovereign Trust Insurance Plc,...

NCC, CBN, Polaris Bank, NAICOM, NEM for Business Journal Presentation Sept 16

The Nigerian Communications Commission (NCC), Central Bank of Nigeria...

IG4D 2024: Edetaen Ojo to Chair NDSF on Internet Governance

One of the top 10 digital change makers in...

NNPC Says Crude Oil Production, Price Benchmark for 2024 Budget Realistic

The Nigerian National Petroleum Company Limited has assured that...

The Alternative Bank, TotalEnergies to Rollout ‘Bank in a Box’ for Enhanced Accessibility

The Alternative Bank, in collaboration with TotalEnergies, unveils an...

Business Journal Named ‘Best Financial Newspaper in Nigeria’

Business Journal has won international recognition as ‘Best Financial Newspaper in Nigeria’ in the 2015 International Finance Awards by Wealth & Finance International Magazine of the United Kingdom (UK). In the award letter to Business Journal, Jonathan Hicks, the Editor of Wealth & Finance International said: “Business Journal: You Are a Winner in the 2015 Finance Awards!

Standard Bank Leads in Africa with Digital Innovations

Standard Bank is on a committed journey of rapid...
spot_img

Related Articles

Popular Categories

spot_imgspot_img