Articles tagged "expenses"
9 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. …
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 …
Importing Goods? How to Calculate Landed Cost When Customs Rates Fluctuate
Importing goods can be exciting and profitable, but many businesses stumble when customs duties and fees fluctuate. A shipment that …
Cash Flow vs Profit: Why You Can Be “Profitable” but Still Broke
The numbers looked good. Revenue was growing. The profit line was positive. The business owner felt confident, until rent was …
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 …
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 Stay Profitable During an Economic Downturn
Economic downturns are tough. Sales slow, costs rise, and uncertainty looms. Many businesses struggle to survive, while others not only …
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 …
What Every Nigerian Business Should Know About Transfer Pricing
Transfer pricing is not just a technical accounting concept reserved for global conglomerates for Nigerian businesses that deal with related …