SMEs
25 articles
Simple Ways Small Businesses Can Protect Against Currency Devaluation
One morning, your costs are manageable. A few weeks later, the exchange rate moves and suddenly everything is more expensive. …
Small Company Tax Exemption: Is Your Business Really Tax-Free at ₦25m or ₦50m?
Small Company Tax Exemption is something many founders assume they’ll automatically qualify for until they realize they’re paying far more …
The 2025 Finance Act: 5 Clauses That Will Change How You Do Business
The 2025 Finance Act marks one of the most comprehensive tax reforms in recent Nigerian fiscal history. Whether you’re a …
How to Manage Cash Sales, Cash Expenses, and Keep Clean Records
Cash can feel simple. No payment processors, no delays, no fees. But cash is also where many businesses quietly lose …
How to Price Products and Services for Profit (Without Guessing)
Pricing is one of the fastest ways to kill a business, or make it wildly profitable. Many founders underprice because …
Why Many Nigerian Side Hustles Fail And How Proper Bookkeeping Could Save Them
Starting a side hustle is an exciting way to earn extra income, but the sad truth is that a large …
Manage Startup Finances While Bootstrapping: Smart Strategies for Growth
How to manage startup finances when you’re bootstrapping can be one of the most challenging questions for founders. With limited …
How Nigerian Businesses Can Access Foreign Grants: The Ultimate Guide
Many Nigerian founders struggle with one challenge, the lack of adequate funding. Foreign grants feel out of reach for most …
How to Handle Fraud and Financial Mismanagement in Small Businesses
Small businesses are particularly vulnerable to fraud and financial mismanagement. Limited oversight, stretched resources, and informal processes can make it …
How to Choose the Right Business Insurance Plan for Your Company
Imagine waking up one morning to find that a fire, lawsuit, data breach, or accident has threatened the very business …
The Rise of Virtual CFOs: Why SMEs Are Hiring Them
Small and medium sized businesses are dealing with tighter margins, complex financial decisions, and unpredictable market conditions. Many cannot afford …
How to Secure Angel Investors for Your Startup in Nigeria
Securing angel investors in Nigeria often feels difficult, especially for early-stage founders who need funding to grow. Many entrepreneurs struggle …
The Role of Corporate Governance in Nigerian Startups
You’ve built your startup in Lagos, Abuja, or another Nigerian city. The product is ready, customers are coming in, but …
Why Startups Fail in the First Year: The Real Financial Reasons Most Founders Miss
Running a business is exciting, but the first year is also the most dangerous period for any startup. Founders often …
Manage Business Debts Without Killing Growth: How Founders Can Stay Profitable
Managing business debts feels overwhelming for founders and small business owners because every repayment affects cash flow. You want to …
Smart Cost-Cutting Strategies for Startups During Inflation
Inflation can feel like an invisible hand tightening around your startup’s cash flow. Prices rise, profits shrink, and suddenly, every …
Performance Culture: How to Build a High-Performing Workplace Culture That Lasts
Let’s be real, any company can talk about “culture,” but only a few actually create a workplace where people perform …
Global HR and Payroll: A Complete Guide for Startups and SMEs Expanding Internationally
Global HR and payroll management has become a game-changer for Nigerian startups expanding across borders. Imagine your Lagos fintech is …
Consolidated Relief Allowance (CRA) in Nigeria: The Simple Tax Relief Everyone Should Understand
Taxes can feel confusing, right? Most people working in Nigeria have heard of the Consolidated Relief Allowance (CRA) but don’t …
How the CBN’s New Monetary Policies Affect Small Businesses
If you’re running a small business in Nigeria you’re likely feeling the squeeze. With the Central Bank of Nigeria (CBN) …
End-of-Year Checklist for Nigerian SMEs to Stay Ahead in 2026
The end of the year is more than just holiday sales and staff parties, it’s the perfect time to assess …
Financial Health Check: Proven Ways to Keep Your Business Thriving
Running a business without checking its financial health is like driving blindfolded. You might be moving fast, but you have …
Why Financial Literacy Should Be a Priority for Entrepreneurs
Starting and running a business feels exciting, but one mistake can sink the dream: not understanding the numbers. That’s where …
Modern Accounting: How Technology Is Transforming Finance
Accounting used to mean stacks of paper, confusing spreadsheets, and long nights balancing numbers. Today, things are very different. Thanks …
5 Audit Triggers Nigerian SMEs Must Avoid
Every Nigerian business dreads the words “FIRS audit.” Whether you run a startup in Lagos or an SME in Abuja, …