For many small businesses, a double or triple digit revenue increase within a few weeks is likely the result of either a new product launch or a big endorsement from a popular figure. Revenue increase is the single most important activity in which a small business should engage in. Increased…
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.
4 Min Read
We live in an e-commerce era (not just in Nigeria but globally), and small business owners need to consider having an online presence that enables them to sell and showcase their products to a much broader audience. Even though a majority of you may want to start by launching your…
3 Min Read
While proper invoice handling practices may not be the most interesting topic ever addressed, it is certainly one of the most important. Proper invoice processing is key to creating a plumper bottom-line for those who get it right from the start. Invoicing is a fundamental component of every business. It…
3 Min Read
Creative thinking is a powerful business mind tool that should never be overlooked, the mastery of the skill helps entrepreneurs to identify and exploit new opportunities ahead of their competitors, likewise in problem-solving and also it helps improve personal day-to-day overall productivity. Creative thinking is synonymous to thinking outside the…
3 Min Read
Every business, big or small, is always concerned about one thing – managing money. Proper financial management is crucial to the survival of every business venture. It takes more than just a good idea to run a business. Every business needs a financial structure that generates a profit to stay…
1 Min Read
This article has got facts based on a survey conducted by a Lagos-based digital marketing agency on 2000 Nigerian entrepreneurs on last month, June 2017 in the different parts of the metropolitan city, Lagos. There are high failure rates among small businesses. Many don’t even last 2 years – and…
3 Min Read
Have you ever dreamed of becoming the next Linda Ikeji? For every successful Internet business, there are hundreds, if not thousands, of futile ones. Starting an online business is so easy that anyone with little computer skill can start an online business. However, becoming a successful online entrepreneur requires patience,…
2 Min Read
It’s almost unbelievable the amount and calibre of customers one can reach across the country and beyond with just a small amount of money; this is part of major perks of the social platform called Facebook. An average Nigerian spends about 2hours every day on the platform. According to recent statistical…
1 Min Read
After many requests from our customers, late nights coding and far too much coffee, we’ve just released a closed beta of our Online Invoicing API. At Invoice, we believe in continuous development and add new features and improvements to our products regularly. We also want developers and users to be…
2 Min Read
In business, proforma financial statements (proforma invoices) are prepared in advance of a planned transaction, such as a merger, an acquisition, a new capital investment, or a change in a capital structure such as incurrence of new debt or issuance of stock. What is a Proforma Invoice? A proforma invoice…
3 Min Read
The fast-food franchise business is a business with ‘ready made’ customers which entrepreneurs can easily jump on and explore. The business involves partnering with a ready-made fast food brand such as Mr Biggs, Chicken Republic etc. and pretending to be the brand in an area you deem good for business….
2 Min Read
A lot of people in Nigeria now do freelance work for international clients as an alternative source of income or on a full-time basis. More important as the work being done is the ability to get paid when the job is done because most freelancers find it difficult to get paid…