Rhegos, 64, Kudirat Abiola Way, Oregun, Lagos, Ikeja (2026)

19/08/2026

Day 10 — Working Capital Explained in Simple English

Working capital is simply the money your business needs to keep running day-to-day.

Think of it this way:

You sell products today, but you may need to pay your suppliers, staff, rent, transport and other expenses before your customers pay you.

That gap is where working capital becomes important.

Simple formula:

Working Capital = Current Assets − Current Liabilities

For example:

Cash in the business: ₦2 million

Money customers owe you: ₦3 million

Stock/inventory: ₦2 million

Bills and short-term debts: ₦4 million

Your working capital is:

₦7m − ₦4m = ₦3 million

Why does it matter?

A business can be profitable on paper and still struggle if it doesn't have enough cash to operate.

Good working capital management helps you:

✅ Pay suppliers on time
✅ Pay staff and operating expenses
✅ Maintain enough stock
✅ Take advantage of business opportunities
✅ Avoid unnecessary short-term borrowing

Working capital is important as it is avails you the liquidity to keep your business running day to day.

Whilst you pursue profit, keeping cost and buying fixed assets, ensure you are as liquid as possible.

You also need to keep a healthy relationship with your bank to come through for you when the need arises.

The lesson:
Revenue tells you how much you are selling. Profit tells you what you have left after costs. Working capital tells you whether you have enough resources to keep the business moving.

Day 10 of 30 Days of Business Growth with Rhegos

Rhegos — MOVE ON. UP!

and

18/08/2026

Day 9: How to Prepare Your Business for Fundraising

Fundraising is not simply about asking investors for money. It is about proving that your business is credible, scalable, profitable—or capable of becoming profitable—and worthy of investment.

Before approaching investors, your business should be investment-ready.

1. Have a Clear Business Model

Be able to explain:

What problem does your business solve?

Who are your customers?

How do you make money?

What makes your business different?

How can the business scale?

If an investor cannot understand how your business creates value, raising capital becomes difficult.

2. Keep Proper Financial Records

Investors want to see the numbers.

Ensure you have:

Up-to-date financial statements

Revenue and expense records

Cash-flow statements

Bank statements

Tax records

Clear records of assets and liabilities

Avoid mixing personal and business finances.

3. Know Your Numbers

You should know your:

Monthly revenue

Gross and net profit

Operating expenses

Customer acquisition cost

Customer lifetime value

Cash burn

Outstanding debts

Growth rate

If you don't understand your numbers, investors will struggle to trust your business.

Fundraising becomes easier when your business is already organized for inspection.

See comment for more...

Rhegos Takeaway

Don't wait until you need money before preparing your business for investment.

Build your records.
Clean your structure.
Understand your numbers.
Document your operations.
Prove your traction.
Know your valuation.
And have a clear plan for the money you want to raise.

An investment-ready business doesn't just ask for capital—it demonstrates why the capital should be invested.

Day 9 of 30 Days of Business Growth with Rhegos — Move On, Up!

18/08/2026

Never think a thing you've not tried is not possible

17/08/2026

And it's Day 8 of 30 days of Business Growth with Rhegos
p
Today, we discuss the 5 Financial mistakes that kill business growth.

Is anyone missing? Let's have your view

16/08/2026

On Day 7 of 30 Days of Business Growth with Rhegos

Today, shall be an interview with our CEO, Sunday Obanubi

######xx

Rhegos:
Why did you start Rhegos?

Sunday:
I started Rhegos with a simple but powerful purpose: to help business owners unlock more value from the businesses they have built.

Over the years, I have come to understand that every business — whether it is still an idea, a startup finding its feet, or an established company — has the potential to achieve far more than it is currently achieving.

Sometimes, the problem is not the business itself.

Sometimes, the owner is simply too close to the business to see what an external, experienced eye can identify.

There are opportunities hidden in operations, structure, finance, strategy, market positioning, partnerships, technology, licensing, and even in the possibility of acquiring, merging, restructuring or selling the business.

That is where Rhegos comes in.

Rhegos:
When did this journey begins?

Sunday:
I started learning management consulting as far back as 2006. For nearly two decades, I have deliberately sharpened my axe — learning, observing, studying businesses, understanding markets, building relationships and developing the skills required to help businesses make better decisions.

Rhegos is therefore not just another consulting firm.

It is the product of years of learning, experience, relationships and a deep conviction that business owners deserve the opportunity to see what their businesses can truly become.

Our work is about helping businesses move from where they are to where they have the capacity to be.

Rhegos:
So, what value to you bring to your Clients?

Sunday:
We work as business growth partners with our clients. Whether that means improving performance, preparing for investment, accessing strategic opportunities, facilitating acquisitions, restructuring a business, unlocking hidden value or positioning a company for its next level of growth — we want to be the external eye that helps you see the possibilities you may be missing.

I believe every business has a story.

But more importantly, every business has untapped potential.

That is why I started Rhegos.

Rhegos:
Thank you for this information, Sir.

Sunday:
Well done for your good works.

16/08/2026

Check up on our business listing board for the week and let's get charged for the opportunities before us.

Reach out to get talking on closing on any of the options available.

Send email [email protected] or call/WhatsApp 0816 877 9399

15/08/2026

Day 6 of 30 Days of Business Growth with Rhegos

How Restructuring Increased a Company's Valuation

Here’s a realistic anonymous case study that demonstrates an important M&A principle:

A company can become more valuable without dramatically increasing its revenue.

The Case

A Nigerian fintech company had been operating for several years with:

Annual revenue: ₦480 million

EBITDA: ₦72 million

Strong customer base

Valuable technology platform

Regulatory approvals

Significant growth potential

Yet, when the shareholders explored an acquisition, investors were unwilling to value the business above approximately ₦600 million.

Why?

The problem wasn't necessarily the business.

It was the structure.

The company had fragmented ownership, weak financial reporting, excessive operating costs, unclear management responsibilities and several related-party transactions.

The Restructuring

Before approaching serious investors, the company undertook a structured reorganisation:

1. Corporate restructuring
Ownership and shareholder interests were cleaned up and properly documented.

2. Management restructuring
Roles were clarified and non-essential positions were eliminated.

3. Financial restructuring
The company separated personal/related-party expenses from genuine business expenses and introduced proper management accounts.

4. Operational restructuring
Unprofitable activities were discontinued while resources were concentrated on the company's strongest revenue lines.

5. Governance restructuring
Proper reporting, controls and decision-making processes were introduced.

The Result

Within about 12 months:

Revenue: ₦480M → ₦560M
EBITDA: ₦72M → ₦125M

More importantly, the company became easier to understand, easier to manage and less risky to acquire.

The improved financial performance and reduced perceived risk allowed potential investors to apply a stronger valuation multiple.

The indicative valuation moved from approximately:

₦600M → ₦1.5B

That's a 150% increase in indicative enterprise value.

And here's the lesson:

> Restructuring doesn't merely cut costs. Done properly, it can transform how investors perceive the quality, scalability and risk of a business.

At Rhegos, we believe that preparing a business for investment or acquisition starts long before the buyer arrives.

Build it. Structure it. Position it. Then sell from strength.

30 days of Business Growth with Rhegos

With Rhegos, you Move On, Up!

14/08/2026

And it is Day 5 of our 30 Days of Business Growth with Rhegos. —

What Investors Really Look For Before Buying a Business

Investors don't buy a business simply because it makes money. They buy confidence in future value.

Before committing capital, serious investors typically look at:

1. Financial Performance — Revenue, profit, cash flow, debts and financial records.

- Get your 3 years Annual Financial Statements ready before the buyer comes.

2. Business Model — How the company makes money and whether the model is sustainable.

- Business Brief, can be a one-page doc.

3. Market Position — Customers, competitors, market share and growth potential.

- Business Brief, in the one-page doc

4. Management & Team — Whether the business can operate successfully beyond the current owner.

- Most acquirer have their teams, still show yours to increase the value of your offering.

5. Legal & Regulatory Standing — Licences, contracts, litigation, compliance and ownership structure.

- None negotiable in whatever field you play. Get the valid license handy before approaching the market. And disclose where there's anyone missing or pending.

6. Assets & Liabilities — What they are actually acquiring and what obligations come with it.

- This is always of concern to all buyers, disclose and don't let the buyer find out himself.

7. Growth Potential — Whether there is a clear path to scale and increase value.

- Why should they buy?

8. Risk — Hidden liabilities, customer concentration, regulatory exposure and operational weaknesses.

- Sell this as an opportunity to the buyer.

9. Transferability — Can the business continue to perform after a change in ownership?

- Promise to stay close until full transfer is done.

10. Valuation — Is the asking price justified by the business's actual value and future prospects?

- Can you buy same at the price you are offering?

The Rhegos takeaway

Investors don't just ask, "How much does this business make?"

They ask:

> "What am I buying, what could go wrong, and what can this business become?"

That is why investment readiness comes before putting a business on the market.

Walk with us at Rhegos to make your dream come through - [email protected]

Rhegos— MOVE ON. UP!

13/08/2026

ON 30 DAYS OF BUSINESS GROWTH WITH RHEGOS

DAY 4: REVENUE ≠ BUSINESS VALUE

A business can generate ₦500 million in revenue and still be worth less than a business generating ₦100 million.

Why?

Because revenue tells you how much money comes into the business. Business value tells you what the business is actually worth.

A school with 250 pupils paying #75, 000 is not worth same as a school of 85 pupils paying #250,000 each.

Here’s the difference:

REVENUE
• Money generated from sales
• Measures business activity
• Can increase while profits remain low
• Does not automatically make a business attractive to investors

BUSINESS VALUE
• The overall economic worth of the business
• Considers profitability and cash flow
• Considers assets, brand, customers and market position
• Considers systems, licences, intellectual property and growth potential
• Determines what an investor or acquirer may be willing to pay

For example:

A business making ₦100M annually with strong profits, recurring customers, proper records, valuable assets, good systems and regulatory compliance may be significantly more attractive than a business making ₦300M with heavy debts, weak margins and poor governance.

The lesson?

Don't build a business just to increase revenue.

Build a business that can create, sustain and transfer value.

At Rhegos, we help businesses understand what makes them investment-ready and position them for investment, acquisition and strategic growth.

Revenue gets attention.
Value gets investment.

Rhegos, Move On, Up!

12/08/2026

It's Day 3 of the 30 Days of Business Growth with Rhegos.

Host, the discuss is "The Biggest Myths About Mergers & Acquisitions".

Which do you most disagree with and also drop your myth not listed yet.

Rhegos

19/08/2026

18/08/2026

18/08/2026

17/08/2026

16/08/2026

16/08/2026

15/08/2026

14/08/2026

13/08/2026

12/08/2026

Address

Telephone

Website

Alerts

Contact The Business

Shortcuts

Share

Category

Listing takedown request