Tag: ACCOUNTING FOR SMALL BUSINESS

  • 6 Businesses You Can Start With 1-2 Million Naira in 2024

    6 Businesses You Can Start With 1-2 Million Naira in 2024

    Big dreams do not always demand hefty pockets. With a strategic business plan, and an investment of 1-2 million Naira, you could be on your journey to building a thriving enterprise. This article explores six lucrative business ideas that are not only feasible but can be launched with a budget in today’s economy. 1.Mobile food…

  • 5 Ways to Get Out of A Breakeven

    5 Ways to Get Out of A Breakeven

    Breakeven is simply a point in your business where your business profit = business expenses. You’re not making any money, but neither are you in debt. It can be a difficult point for any business to be in because the business is just stagnated. At this stage, the business is not growing but is also…

  • Simple Accounting For Small Businesses

    Simple Accounting For Small Businesses

    Many small businesses are sole proprietorship, not incorporated, and have few employees; perhaps this is the reason why many do not pay attention to accounting. What Accounting does for your small business 1. Accounting can take any small business from confusion to a clear path to profitability.  2. Accounting identifies and curbs financial holes through…