An entrepreneur and business leader, Oluremi Olukoya, has stated that the Business Growth Modulation Model is the proven solution for micro, small, and medium-sized enterprises to thrive.
He stated this at the inaugural conference of Success Circle Africa with the theme: ‘Innovation and Collaboration as Catalyst for Growth in African Businesses’ in Lagos recently, PUNCH reports.
According to Olukoya, Nigerian entrepreneurs can transform their businesses and contribute to the country’s economic growth.
“As Nigeria strives for economic recovery, the BGM Model offers a beacon of hope for MSMEs. By embracing this proven framework, entrepreneurs can navigate obstacles, achieve sustainability, and drive national growth,” he noted.
The co-founder and Executive Director of Falcon Group, Audrey Joe-Ezeigbo, also advocated increased strategic planning and efficient decision-making processes to develop a strong business model aimed at driving growth.
She noted that this would make it easy for them when they are requesting BOI or CBN intervention funds and other initiatives of the government to support SMEs.
“You are already fitting the profile of people they want to invest in,” she added.
