Building a reputable business network is key to success for small businesses because people prefer to do business with people they know, like, and trust rather than strangers. Today, successful business development is contingent upon building trusted relationships and leveraging those relationships to meet new prospects that could drive revenue…
Small Business Digest is an online business magazine and publication for small business owners, entrepreneurs, and freelancers. Small Business Digest goal is to provide free and timely business resources and insights to help businesses grow.
3 Min Read
Starting a business is a big achievement for many entrepreneurial minded persons, but how to maintain the business is a greater challenge that most entrepreneurs battle with. There are many standard business challenges that face every business whether they are large or small. These include things like hiring the right…
3 Min Read
For small business owners or managers, finances are among the most important considerations for the success of the business. While the majority of financial considerations are strictly internal, payroll is one vital activity that cannot be neglected or taken unseriously. Payroll is also the biggest single expense for most businesses, so…
2 Min Read
If you haven’t pursued equity financing, it can be hard to know what to expect. As you lay awake dreaming of what a successful funding round will mean for your business, questions of your potential shortcomings may arise: What are the differences between each startup funding round? Which funding round…
3 Min Read
Most small businesses owners lack proper bookkeeping activities in business. One of the most important financial decision a small business can make is to decide how the business financial books are going to kept and managed. You can either decide to do this yourself using an online accounting software that…
4 Min Read
This post concludes is the last of the series on “How to write a business plan”. The major challenge when it comes to writing a business plan is knowing where to start from. This most business owners and entrepreneurs don’t always get right. Looking through existing business plan templates gives a…
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PayPal has become synonymous with online payments and this widely popular platform lets users make monetary transactions, completely doing away with the need for bank transfers and checks. This free payment processing service only requires the presence of a valid PayPal account on both the receiver and the sender’s end….
6 Min Read
In the first part of this topic “How to write a business plan”, we discussed the tips you have to consider before setting out to write your business plan. We will be taking the discussion further by looking at what a professional business plan should look like. A business plan emphasises…
3 Min Read
Going through the process of writing a well-thought-out business plan for your small business when starting up is one of the most important things that you can do. Unfortunately, many small business owners find this process to be difficult and confusing. Writing a business plan essential for the success of…
2 Min Read
Technology is changing the way we live, learn, work, socialise and even how we pay for items, which makes accepting online payments a necessity for many small businesses to remain competitive and increase sales. Not only does it make life easier and more convenient for your customers, it also means…
4 Min Read
Almost everyone starting a new business venture is looking for money to get started. In Nigeria, one of the easiest and cheapest ways to get funds for your business is by applying for small business grants. But unfortunately, there aren’t actually that many Nigerian federal or provincial government grants available for…
2 Min Read
Being productive is not about you just getting things done but using the right tools in ensuring things get done as fast as possible. The small business marketplace is full of web-based productivity tools that promise great things. A decent app should at the very least streamline workflow, automate tasks…