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SME1000: How Red Star is influencing change among Small businesses




By: Yinka Okeowo

Going by World Bank report, Small and Medium Enterprises (SMEs) contribute up to 45% of total employment and up to 33% of national income (GDP) of emerging countries, Nigeria included.

Even in Nigeria, SMEs are said to represent over 90% of businesses in the country.

They are also said to contribute about 75% of Nigeria’s national employment; making them incredibly important to the economic growth of the country.

However, small businesses in Nigeria have their challenges; lack of funding, poor infrastructural support, inadequate entrepreneurial/managerial skills, rigid government policies and even unreasonable operational costs.

These are issues affecting many SMEs who, we believe, should grow to become big businesses that will drive Nigeria to greater economic heights.

So where does Red Star Express Plc come in?

Through the SME 1000 platform.

The SME1000 Platform is one that can help address some of the issues plaguing small businesses in Nigeria.

Red Star Express Plc is paying attention to the SMEs by offering logistics solutions to these businesses to ensure that they run more efficiently; and grow as desired.

“Our goal is to reach up to 1000 SMEs and we believe that YOUR business (and SMEs that you know of) should not miss out on what we have in store for SMEs. Most SMEs are in the Manufacturing, Catering, Retail, Transport and Agriculture industries.

“We understand that they move goods and materials from one place to another.

“It is an endeavour that many entrepreneurs undertake themselves, using time that will be better spent on the core business itself. Imagine you run a laundry business and you spend most parts of your day delivering clothes to or picking clothes from your clients.

“That is a lot of time you can spend attending to more clients and making more money. This is an issue the SME 1000 Platform will address”, the Company said.

“Red Star Express Plc has been supporting businesses for over 25 years and we want to support more businesses. The SME 1000 was launched in July 2017 and has been of great benefit to over 100 SMEs here in Nigeria.

“By joining the platform, you get to have specifically designed logistics support for your business. You also get to be the first in line for events, special offers and discounts from Red Star Express Plc.

“Moreover, you will receive business tips, news about SMEs and much more”.

How to sign up:

To sign up,

-Simply send an email (containing your Name, Business Name, Type of Business, Email Address, and Phone Number) to [email protected] and the Company will take it from there.

Red Star Express Plc is a Licensee of Federal Express (FedEx) Corporation, the world’s largest delivery solutions provider.

The company has over 150 offices nationwide, with a network reach spanning over 1,500 communities in Nigeria and over 200 countries worldwide.

It is made up of 7 subsidiaries specializing in areas such as Express Delivery, Logistics, Freight, Outsourcing, Supply Chain Management, E-Commerce Logistics Solutions, Printing and Packaging, E-Archiving, Business Enterprise Solutions, as well as Agro Logistics and Trade.

@TechEconomyNG connects past-present-emerging technological impacts on Businesses, People and Cities. All Correspondence to: [email protected]

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