Financing Model Options for Start-Ups in Nigeria and key legal considerations

It is a notorious fact that most business ideas never make it to the market, mostly because of lack of funds. The inability to get the needed funds to kickstart a business or to sustain it is the biggest challenge for most entrepreneurs in Nigeria and across the world. While the availability of funds does not guarantee a successful business venture, the absence of funds will certainly get the business nowhere.

In this article, we discuss some of the financing options available to start-ups in Nigeria, highlighting the pros and cons of each and the factors a start-up should consider before exploring any of them. This is essential because choosing the right source of capital is a decision that will influence a company for a lifetime