How many times have you forgotten to send an invoice? How about having an invoice getting lost? Are you getting overwhelmed with this additional accounting task? The more complex your invoicing processes become, the more there is standing between your latest closed deal and cash in your bank account. Invoicing can…
Financing
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…
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…
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…
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….
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…
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…
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…
There are many options for businesses looking to leverage money from future payments for goods and services, invoice financing is one of the best ways to finance future accounts receivables of an invoice. Invoice financing helps businesses improve cash flow, pay employees and suppliers, and reinvest in operations and growth…
Most often, many individuals and business owners might need extra cash to handle some financial issues around them. In times like this, when all means of getting money have been exhausted, the best alternative is to consider getting a quick and easily affordable loan online. The process of accessing quick…
Cash is king when it comes to the financial management of a growing business. Managing cash flow effectively requires significant planning on the part of the business owner. Sometimes, what seems like obvious ways to improve cash flow may result in the opposite. Cash is King! The best indicator of…
Even though paying taxes is one aspect that a small business that most business owners try to avoid. According to a conducted research, over 70% of small businesses in Nigeria are not paying their regular taxes to the government. When you become a small business owner, you acquire a responsibility for…