Why? Because your customers have to pay you. The reason is quite plain and needs no padding. Payment has moved from what it used to be a few years ago, and the movement has not stopped. Different people respond to this move differently. While some are picking up fast, some are okay with the ancient ways.Read Story
You already know I’m not talking about keeping a random notebook safe, and this record does not even have to be a book. The idea of bookkeeping is that nothing goes out or comes in without it being on record. Regardless of the size of the business, bookkeeping is essential for tracking all financial transactions.Read Story
We have upgraded our platform to include the Airtime PIN generation feature. This feature allows you to generate airtime PINs which you can then print out as recharge cards. In this article, I will be taking you through the PIN generation process step by step.Read Story
Financial statements, also known as financial records, detail the financial activities of an organisation. The questions financial statements answer are What happened to the money? and Where is the money? Both sound like the same thing, right? Well, dealing with business money will show you they are very different.Read Story
In starting a business, it helps to be familiar with some basic concepts that you can apply to ascertain the financial health of your business. Of course, as time goes on and your business expands, you will not continue to manage your business finances.Read Story
The reality of fraud against businesses is becoming more vicious every day. While we hear several reports of fraud cases against customers, many companies also fall victim from time to time. And it remains a leading cause of business failure all over the world.Read Story
Because the word ‘Profit’ registers money to the average mind, and of course, Cash is money, it is easy to take both to mean the same thing. However, in accounting, both are different. Understanding the difference between both and what they mean for your business is crucial in ascertaining your business’ performance and financial health.Read Story
Money exchange remains at the core of every business. Even non-profit organisations still have to deal with cash flow - their inflow is merely not profit-driven. It is imperative that in starting and building a business, that you understand the concept of cash flow and its relevance in financial planning and management.Read Story
The popularity of the POS machine has been growing in recent years. This is because it is convenient for the user to get what they need without worrying about cash at hand. And it can be discouraging for them to come to your store and realise they don't have the option of paying with their card.Read Story
Nigeria is not prone to natural disasters, but the fire service is not prone to responding when you call too. Regardless of the location and size of the business, a Business continuity plan is necessary. No company is free of threats or any region of potential disasters - natural and non-natural.Read Story
Humans have numerous Needs and Want. Sometimes they can afford to go all out and get these things. Other times despite the importance and the urgency of these things, they just cannot afford it. The irony is that they might be able to afford it over time, maybe by saving for it. But outright payment is just out of the question.Read Story
When the word management comes up, the first thing that comes to mind is effectively engaging all available resources to achieve set goals. For every business, these set goals include profit, brand awareness, growth. It means the same for a fitness trainer.Read Story
Your choice of colours speaks volumes about your business. With the right colours, customers can automatically connect with your business without yet going through the message on your site. The right colours can keep people who stumble on your page long enough to decide to buy.Read Story
Businesses fail for various reasons, especially in this age of fast-paced development, and fast-evolving market demands. The race has really become for the swift. However, contrary to popular beliefs, businesses don't fail because of competition.Read Story
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