Up for a presentation? Here are fashion tips that will boost your confidence
In today’s world, appearance is everything. The eye is always the first consumer and that is why we need to consciously appeal to sight with regards our wardrobe choices. During a presentation, you need people to focus on you not on your clothes, shoes or jewelry. You also need to exude confidence. The right fashion tips will do that for you.
Let’s take a look at a few tips that could make your presentation stronger and better.
- CHOOSE SMART COLORS; colors say a lot about a person’s confidence. People quickly choose dark colors to avoid colors that could be too distracting. While it is good to avoid blinding colors, you should avoid colors that are too dark so that you don’t blend into the background. Go for mild colors like white, sky blue, or baby pink.
- CLOTHES SHOULD BE WRINKLE FREE; this wouldn’t be a problem if you choose your clothes way before hand. Please note that it is rude to appear for a presentation all wrinkled and flustered.
- CODE COMPLIANT; most companies have a dress code for members of their staff. If such rules apply in your office, please ensure that the clothes you choose to wear comply with the company’s dress code.
- GO FOR CLOTHES THAT FIT; wearing clothes that are either too big or to small leads to adjusting your cloths in public. Even when you don’t want to, you’ll catch yourself pulling up that saggy trouser or drawing down the hem of that skirt. That could be a major distraction both for you and for the people present.
- KEEP YOUR PERFUME OR COLOGNE MILD; out of nervousness, a lot of people tend to ‘bath’ in cologne that when they walk pass you or enter the same room as you, you just start choking. A little deodorant and soft cologne should do.
- PAY ATTENTION TO YOUR SHOE; for the ladies, please avoid wearing sharp colored shoes. Use shoes with neutral colors like black or nude. Both men and women should ensure that their shoes are in good ‘shiny’ order.
- KEEP THE ACCESSORIES SIMPLE; when it comes to accessories (jewelry for ladies), less is more. Stick to simple accessories.
- WEAR A SMILE; a smile has a way of brightening your whole look. Don’t forget to wear one.
As expected there are tips that are specifically for the ladies.
Here are a few good ones;
- Avoid clothes with low neckline
- If you must wear a slightly sheer top, don’t forget to wear a camisole (preferably black)
- Don’t wear heels that are too high
- Also avoid uncomfortably painful shoes
- Don’t wear tops with open armpits or skirts that are too short
- A simple hair style like ponytail is always a better choice
- Keep the make-up as minimal as possible
- Make time before the presentation for pedicure and manicure (nobody wants to see dirty, bitten nails)
This may not have covered all, but I’m certain it has gone a long way. Practice dressing with these tips in mind even before the presentation and have a good friend give you a candid opinion. You’ll find out that you look simple, engaging and not in the slightest bit boring.
FG to support MSME contribution to economy to boost development – Minister
The Minister said that the FG has schemes aimed at improving the post-pandemic climate for SMEs in Nigeria.
The Federal Government declared that it is working with stakeholders to improve MSME participation in the economy through improving the business climate which will create jobs.
This was disclosed by Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment, at the 7th EMPRETEC Global Summit, on Tuesday, themed “The Role of Entrepreneurship, MSME and EMPRETEC in post-COVID-19 Resurgence.”
The Minister stated that the MSME sector of the economy is the growth engine of any economy which contributes to its development, job creation and export, amongst others.
“An MSMEs survey indicates that Nigeria’s SMEs contribute nearly 50 percent of the country’s GDP and account for over 80 percent of employment. No doubt, the sector is pivotal to Nigeria’s growth, including reducing poverty and unemployment levels.
It has, therefore, become more apparent that supporting entrepreneurs and small businesses by creating opportunities for MSMEs to thrive is essential for increasing productivity, creating jobs, and boosting our economy.
This is why the Government is working with stakeholders across all sectors, to create the enabling environment for entrepreneurs and MSMEs to ensure that they grow now and into the future,” she stated.
On economic sustainability
The Minister said that the FG has schemes aimed at improving the post-pandemic climate for SMEs in Nigeria. She also disclosed that the FG launched the National Policy on Micro, Small and Medium Enterprises (MSMEs), a framework for the resolution of the challenges faced by the sector.
The programmes launched by the FG includes the Survival Fund and Guaranteed Off-take Schemes, operated by a Steering Committee in the Ministry of Industry, Trade and Investment.
“The Government of Nigeria had, prior to the outbreak of COVID-19, initiated the MSMEs Clinics scheme as a strategy, aimed at providing support for the MSMEs in the country.
At the clinics, operators in the MSMEs space are engaged by regulators and business advisory experts, on issues ranging from entrepreneurship, skill development, finance, quality & standards, and on how to facilitate and grow their businesses and enterprises,” she added.
What you should know
Nigeria’s unemployment rate as of the end of 2020 rose to 33.3% from 27.1% recorded as of Q2 2020, indicating that about 23,187,389 (23.2 million) Nigerians remain unemployed.
A combination of both the unemployment and underemployment rate for the reference period gave a figure of 56.1%. This means that 33.3% of the labour force in Nigeria or 23,187,389 persons either did nothing or worked for less than 20 hours a week, making them unemployed by our definition in Nigeria.
How SMEs can access capital in Nigeria
Despite the global consensus that SMEs are crucial to economic development, access to funds remains a militating factor against the sector’s growth.
The significance of SMEs for any country, especially Nigeria, cannot be overemphasized. It is, therefore, not surprising that SMEs constitute one of the bedrocks of economic development in the country. This makes it a sector that should be given utmost priority by the government.
To get started, the government needs to make funding more accessible to small and medium enterprises at low interest rate. Reason being that they need capital to thrive and nurture their businesses. Despite the global consensus that SMEs are crucial to economic development, access to funds remains a militating factor against the growth of SMEs in both developed and developing nations of the world.
The federal government of Nigeria with the support of the World Bank and the African Development Bank have tried in the past to assist SMEs through various credit schemes and loans structured to fund Small and Medium Enterprises, some of which are World Bank SME loan scheme, African Development Bank Export Stimulation Loan scheme; CBN Rediscounting and Re-financing Facility, National Economic Reconstruction Fund, Bank of Industry and the Graduate Employment Loan Scheme initiated by the National Directorate of Employment. Moreso, there are other ways that SMEs can be funded which are through Bootstrapping, loans from banks, moneylenders and grants from government institutions and non-governmental institutions.
Source: Nigerian Institute for Social & Economic Research
According to NISER findings, about 73% of SMEs raised their funds through Boostrapping (personal savings), about 2% obtained their funds from financial institutions, while 0.21% obtained their funds from other sources.
Here are some ways that SMEs are can access funds in Nigeria.
Accessing loans from banks
Banks (Commercial, Merchant & Development banks) offer credits to Small & Medium Enterprise in Nigeria. Before giving you a loan, they need to ascertain that you are creditworthy, and your business would have gotten to a particular stage. Also, you need to know that before applying for a loan, your small-scale business must conform with the goals and interest of the financial institution you want to apply to. Other things banks put into consideration before disbursing a loan are a well-written business plan, a financial record, collateral, and a guarantor. Nevertheless, many financial institutions are sceptical about giving SMEs loans because of the associated risks. Some prefer to pay the fine imposed for not meeting the target of giving SMEs loans than run the risk of being exposed to them.
Funding from Small and Medium Industries Equity Investment Scheme (SMIEIS)
Another source of funding for SMEs in Nigeria is the Small and Medium Industries Equity Investment Scheme (SMIEIS) Fund. This type of funding is designed to finance SMEs through venture capital. This initiative is from the government and its aim is to advance SMEs to drive industrialisation, poverty mitigation, sustainable economic development, and creation of employment. Venture Capital financing provides funds as a loan to SMEs with the idea of converting the debt capital into equity in future. Venture capital may be regarded as an equity investment where investors expect significant capital gains in return for accepting the risk that they may lose all their equity. To be eligible for equity funding under the scheme, a prospective beneficiary shall have the following:
- Be registered as a limited liability company with the Corporate Affairs Commission and comply with all relevant regulations of the Companies and Allied Matters Act (2020) such as filing of annual returns, including audited financial statements.
- Be in compliance with all applicable tax laws and regulations and render regular returns to the appropriate authorities.
Grants from non-governmental organisations/foundations
Business grants are another source of funding and they are mostly given by NGOs and foundations. These grants can be accessed by individuals, firms/company, business, or corporations to develop their businesses or scale up operations. One of the best ways to get finance for business or ideas is getting a grant. While a loan is a good alternative, a grant is far better than a loan. It gives you the peace of mind to build and grow your business or idea. It is like getting “free money.” There are many organizations that offer grants in Nigeria, Africa and worldwide. Some of these organizations are the Tony Elumelu Foundation, Bank of Industry, YouWIN, AYEEN financial grant, etc.
This is a situation where business owners resort to funding their businesses with their savings and revenue without the support of venture capitalists or bank loans. Apart from personal savings, financial support for businesses, especially at the startup stage, can also be sourced from relatives and friends.
Getting loans from microfinance schemes/moneylenders
Due to the rigorous processes and high interest rates demanded by commercial banks, Microfinance banks were established to assist small businesses in securing loans. SMEs are eligible for Microfinance loans if they meet the requirements stipulated by the bank.
In conclusion, SMEs constitute the driving force of industrial growth and development in the country. The government should focus on and nurture the sector by making funds at low-interest rates more accessible to players in it to help them thrive.
Nairametrics | Company Earnings
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