Firm launches in Nigeria to support businesses with restructuring, growth

Proventa Global Business Services Limited has commenced operations in Nigeria, offering advisory services to founder-led, family-owned and growth-stage businesses seeking to strengthen their structures, systems and decision-making processes.

The firm, founded and led by business professional Bashir Arowojobe, said it would focus on businesses dealing with operational and organisational challenges associated with expansion.

Arowojobe said some businesses reach a stage where the structures and processes that supported their early growth may no longer be adequate for further expansion.

‘Many businesses reach a point where what worked in the early years is no longer enough for the next stage,’ he said.

‘The challenge is not always a lack of ambition or opportunity. Sometimes, the business has simply outgrown the structure that got it there.’

Proventa said its services cover three main areas: Business Diagnostics, Corporate Restructuring and Management Advisory.

Under Business Diagnostics, the firm assesses areas including strategy, operations, people, finances and organisational systems to help management identify gaps and determine areas that require attention.

Its Corporate Restructuring service covers organisational structure, roles and responsibilities, reporting lines, processes, governance and operating systems.

The Management Advisory service provides founders and management teams with external advice on growth strategy, organisational challenges and business decisions.

Arowojobe said the firm’s approach is based on the view that challenges facing businesses are often linked across different functions.

‘The reality of business is that problems rarely sit neatly within one department,’ he said.

‘A growth problem can have financial implications. A financial problem can be connected to operations. An operational problem can come back to structure, governance or decision-making.’

Proventa said it is working with a multidisciplinary team that includes accountants, legal practitioners, strategists and other professionals to address business issues from different perspectives.

According to the firm, the approach allows businesses to consider financial, legal, strategic and organisational issues together rather than addressing them in isolation.

The launch comes as businesses in Nigeria, particularly small and growing enterprises, continue to deal with issues associated with expansion, operational complexity and organisational development.

Proventa said it also aims to help businesses reduce excessive dependence on founders by establishing clearer responsibilities, stronger internal systems and more structured decision-making processes.

The firm said its focus would be on supporting businesses as they transition from founder-driven operations to more structured organisations capable of managing growth beyond their early stages.

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