. These businesses are the backbone of the economy, driving job creation and innovation. However, many SMEs face challenges in streamlining operations, maximising resources, and achieving sustainable growth. This is where business analysis steps in – a powerful tool often overlooked by smaller businesses.
Mrs. Success Ajilore, a certified and highly respected business analyst in Nigeria, emphasises the value proposition for SMEs. “Let’s explore some real-world scenarios where BAs can significantly benefit Nigerian SMEs, Streamlining Inventory Management: A clothing boutique owner struggles with frequent stockouts and overstocked items. A BA can analyse sales data and customer trends to optimise inventory levels, reducing waste and ensuring availability of popular items,” she said.A restaurant receives numerous complaints about long wait times.
Ajilore adds: “Business analysis is an investment in the future of your business. By partnering with a BA, you’ll gain valuable insights, improve efficiency, and unlock the full potential of your SME, contributing to a thriving Nigerian economy.”
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Source: TODAY - 🏆 12. / 53 Read more »