Small Business

Felix Komuo Sep 12, 2026, 11:14 PM Sep 12, 2026, 11:18 PM
Getting a customer to buy from your business once is a good start. Getting that customer to return can be even more valuable. Small businesses can increase repeat purchases by providing consistent quality, reliable service, making reordering easy, following up after sales, keeping useful customer records, responding properly to complaints and giving customers relevant reasons to return.
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Felix Komuo Sep 12, 2026, 8:18 PM Sep 12, 2026, 10:37 PM
Cash flow is the movement of money into and out of a business. A business can make a profit but...
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Felix Komuo Sep 12, 2026, 2:44 PM Sep 12, 2026, 2:54 PM
The best way to get customers for a small business is to combine a clear target market with consistent visibility,...
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Felix Komuo Sep 12, 2026, 2:08 PM Sep 12, 2026, 2:16 PM
The break-even point is the level of sales at which a business has covered its costs but has not yet...
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Felix Komuo Sep 10, 2026, 10:33 PM Sep 10, 2026, 10:35 PM
Many small business owners in Nigeria know how much money comes into their business, but they cannot clearly say how...
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Felix Komuo Sep 9, 2026, 8:50 AM Sep 9, 2026, 3:47 PM
A business name and a registered company are not the same thing in Nigeria. A business name can be suitable for many sole proprietors and small businesses, while a company may be more appropriate when you have partners, want a separate corporate structure, plan to attract investors or expect the business to grow significantly. This guide explains the key differences, advantages, limitations and situations where each option may make sense.
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Felix Komuo Sep 8, 2026, 2:05 PM Sep 8, 2026, 11:45 PM
Starting a side hustle while working a full-time job can increase your income, help you build a business and give...
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Felix Komuo Sep 6, 2026, 5:18 PM Sep 6, 2026, 5:35 PM
Pricing is one of the most important decisions a small business owner makes. If you charge too little, you may attract...
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Felix Komuo Sep 6, 2026, 3:23 PM Sep 6, 2026, 3:42 PM
Freelancing can be one of the most practical ways to earn extra income in Nigeria without renting a shop or...
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Felix Komuo Sep 4, 2026, 6:37 PM Sep 4, 2026, 6:45 PM
You can start a small business with limited money if you choose a business model that matches your available capital. The...
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