Payroll management at a small business is not easy, and many small business owners make the mistake of underestimating how complicated the process can become. If you are to run your small business successfully for the long-run, make sure you take payroll matters seriously. Payroll management and processing can provoke…
Financing
Have you ever found yourself sitting at your desk after a lovely weekend rest or holiday, facing a huge pile of receipts, transaction documents and bank statements that need to be sorted out? Business ownership is a full-time job, even without adding accounting tasks into the mix. Hiring a bookkeeper to…
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…
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…
Getting an online loan in Nigeria is no longer complicated. You don’t need to stand in long bank queues, submit endless paperwork, or wait weeks for approval. With just your smartphone, you can apply for an online loan, get approved within minutes, and receive the money directly in your bank…
