100,000 Companies, One Deadline: What CAC’s Batch 6Strike-Off Really Signals for Nigerian SMEs On 15 July 2026, the Corporate Affairs Commission issued a notice that, on the surface, reads like routine regulatory housekeeping. Another 100,000 companies have been flagged for possible removal from Nigeria’s register. Affected businesses have 90 days to file outstanding annual returns
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10 Proven Strategies to Slash High Operating Costs for Small Businesses High operating costs can pose significant challenges for small businesses, impacting their profitability and sustainability. Several common causes contribute to these high expenses: · Labor Costs: Wages, salaries, benefits, and payroll taxes can account for a significant portion of operating expenses. Hiring and retaining qualified
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Understanding and Managing Business Overheads Effective management of business overheads is crucial for maintaining profitability and ensuring the long-term sustainability of any enterprise. Overheads, or indirect costs, are the expenses not directly tied to the production of goods or services but necessary for running the business. This article will delve into the nature of business
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People, Planet, Profit: How Small Businesses Can Thrive through Sustainable Practices. When I started my first business in 2010, my focus was simple: PROFIT. Like most entrepreneurs, I measured success through financial metrics. Back then, business performance was almost exclusively about the bottom line. But the world has changed. Today, businesses are expected to deliver
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Understanding Business Credit: Tips for Building and Maintaining a Strong Credit Profile Establishing and maintaining a strong business credit profile is essential for the financial health and growth of any company. Just as personal credit history impacts individual financial opportunities, business credit plays a crucial role in securing funding, negotiating favourable terms with suppliers, and
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