Articles tagged "accounting for startups"
24 articles
The Hidden Drain: 5 Ways Nigerian SMEs Lose Cash Without Noticing
Most Nigerian SMEs do not fail because sales are low. They fail because cash quietly leaks out every day. These …
The Rise of the Zero-Employee Finance Department
Hiring a full finance team used to be a requirement for growth. Today, it is becoming a liability. Founders are …
Financial Anxiety: How Automated Books Cure “Sunday Night Panic”
Financial anxiety often shows up right on schedule. It creeps in on Sunday night, just as the week approaches. You …
Business vs. Pleasure: The Danger of Commingling Funds
Commingling funds is one of the most common mistakes founders make, often without realizing it. It usually starts innocently. You …
Grant Opportunities: Preparing Your Financials for Federal & State Grants
Grant opportunities sound like free money until the application process begins. Many founders get excited when they see federal or …
Unit Economics: Calculating Your Customer Acquisition Cost (CAC) in Naira
Unit economics explain why some startups grow confidently while others run out of money despite rising revenue. Growth feels exciting …
Predictive Finance: Using AI to See Your Bank Balance 3 Months from Now
Most people only realize there is a money problem when their balance drops. Bills hit, payments are delayed, and suddenly …
Receipt Apathy: How to Capture Expenses the Moment You Spend
You buy coffee after a client meeting. You tell yourself you’ll log it later. The receipt goes into your pocket. …
Vendor Negotiations: How to Demand Better Payment Terms in a Tight Economy
In a tight economy, sales slow down, costs rise, and cash feels harder to hold onto. For many businesses, the …
Expense Cutting 2.0: Identifying “Zombie Subscriptions” Eating Your Reserves
You cut staff costs. You reduced marketing spend. You negotiated rent. Yet cash still feels tight. For many businesses, the …
The “Detty December” Survival Guide: Managing Liquidity During the Holidays
December is here. The parties, bonuses, gifts, and travel plans all add up. For many business owners, “Detty December” brings …
Personal Accounts for Business: Why Banks Are Flagging Them in 2025
Many small business owners still run their companies through personal accounts for business. In 2025, Nigerian banks are cracking down …
How to Track Expenses When Running Multiple Businesses or Side Hustles
Running more than one business or side hustle can be exciting—but it can also be confusing, especially when it comes …
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 …
Budgeting for Startups: How to Plan Monthly Costs When Business Is Unpredictable
Budgeting for startups sounds simple until real life hits. One month you land a big client. The next month payments …
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 …
Understanding the Link Between Accounting and Business Growth
Understanding the link between accounting and business growth is essential for any entrepreneur or business owner. Strong financial management goes …
How to Manage Multi-Currency Payments as a Nigerian Exporter
Exporting products from Nigeria offers huge opportunities, but it also comes with financial complexities. One of the biggest challenges exporters …
Sustainable Financing in Nigeria: How Businesses Can Benefit
Running a business in Nigeria comes with challenges from fluctuating costs to access to capital, and unpredictable markets. But there’s …
How to Track and Improve Your Business Profit Margins
Every business owner loves the idea of making more money, but real success is not measured by how much you …
Understanding Financial Statements for Non-Finance Founders
Every founder needs to understand financial statements, even if they do not have a finance background. Your financial reports reveal …
How to Conduct a Financial Health Check on Your Business in 10 Minutes
Most founders want to understand the financial health of their business but rarely have the time for long reports. A …
The Future of Work and Remote Finance Teams in Nigeria
The future of work in Nigeria is changing faster than most founders expected. Remote teams have become part of everyday …
How Naira Exchange Rate Affects Import Business – A 2025 Survival Guide
If your business depends on imported goods, the naira exchange rate affects almost everything you do. One small shift in …