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…
2 Min Read
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…
3 Min Read
The Millennials are the generation of today. Even if they aren’t your target audience now, they soon will be. As a business owner, If you are not factoring your message to include them, you may be losing out a big chunk of your revenue. The millennial generation was the first…
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…
2 Min Read
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…
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…