Financial reports for small businesses aren’t just numbers on a page—they’re your business’s health report card. They tell you where your money is coming from, where it’s going, and whether you’re on track to meet your goals. Running a small business is no small feat. Between managing operations, serving customers,…
Accounting
26 Articles
26
4 Min Read
Let us talk about something that can make a real difference in your freelance game: managing and improving your cash flow as a gig worker. If you are in Nigeria’s freelancing scene, you have probably noticed the surge in opportunities lately. But with that flexibility comes the challenge of maintaining…
How to Handle Late Payments from Customers
3 Min Read
3 Min Read
Late payments are a common issue that businesses of all sizes face. This may disrupt cash flow or even make it difficult for you to pay your bills. According to a survey by Small Business Trends, 29% of businesses struggle with customers who don’t pay on time. In this blog…
5 Min Read
When dealing with the IRS, it is crucial for individuals and businesses to understand the differences between tax liens and levies. Tax liens and levies are tools the IRS uses to collect unpaid taxes, and both can have serious consequences for your property and financial assets. Being informed about these…
4 Min Read
As a business owner, one of your ultimate goals is to reduce your business expenses and unnecessary costs while maintaining the high quality of your services or products. However, it can be challenging, particularly in Nigeria, where the cost of doing business is relatively high. But then, as a business…
5 Min Read
Did you know that monitoring financial performance is key to maintaining a healthy business? Keeping tabs on your company’s finances doesn’t have to be stressful or time-consuming. As an entrepreneur, it’s your responsibility to ensure the health and future of your business, which comes from keeping track of essential financial…
How To Choose Between Investing And Trading
4 Min Read
4 Min Read
For those interested in participating in the financial markets, you have two options: investing and trading. As an investor, you’ll likely be putting in larger amounts of money and letting them sit long enough to earn even bigger returns. As a trader, however, you’ll put in smaller amounts, sometimes on…
All You Need To Know About Debt Relief
2 Min Read
2 Min Read
Do you have a debt to pay as an individual or a small business owner? Is it becoming more and more difficult to repay it? Then, it is time to consider applying for debt relief. And, what is debt relief? Well, it is the renegotiation of your debt with the…
4 Min Read
As anyone who’s started a business can tell you, it’s never as simple as it may appear. Small business apps are a crucial part of every business. An article published by the Oxford Royale Academy tackles 10 aspects of a business that have the biggest effects on its success. For good…
3 Min Read
Accounting is a demanding job, but when you add running your own business to the mix, it takes this challenge to a whole different level. You probably already know that organization, attention to detail, adaptability, and strategic decision making are the very basic accounting skills. The question is what can…
3 Min Read
Financial management and bookkeeping is a challenge for most entrepreneurs and business owners. Especially if you’re just starting out, maintaining a positive cash flow can make or break your business. Thanks to technology, it’s easier and more cost productive for non-accountants (such as yourself) to manage small-business finances. All you…
5 Min Read
For a small business owner, invoicing is probably one of the most important areas to manage and deal with. Whether you like it or not, online invoicing is a necessity for businesses of all sizes. However, not all business owners are familiar with the basics and importance of invoices. Never take…
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