Small Business Tip

Budget Like a Pro: Built's User-Friendly Budgeting Tool

Budget Like a Pro: Built’s User-Friendly Budgeting Tool

Struggling with a complicated spreadsheet that leaves you confused? Built’s budgeting tool is your knight in shining armor. This user-friendly feature simplifies budgeting, allowing you to create, track, and analyze your finances with ease. Get ready to see your financial planning go from a frustrating mess to a goal-achieving cruise! Budgeting Made Easy Built’s budgeting tool eliminates the complexity of…

5 Clicks to Better Relationships: Built Launches CRM SMS

5 Clicks to Better Relationships: Built Launches CRM SMS

Do you dread the holiday season scramble to send bulk SMS to all of your business partners? The process can be costly, time-consuming, and tedious, especially if you have a large network. Imagine a world in which you can send out well wishes or important updates to everyone with just five clicks. Built Accounting, Africa’s all-in-one financial platform for SMEs,…

Unlock Financial Freedom: Six Secrets to Stellar Sales Collections

Unlock Financial Freedom: Six Secrets to Stellar Sales Collections

“Sales collections can feel like a chore. Any tips to make it easier?” “Wait, are you saying that all the cash in our account this year is from sales?” “Why the differences between the deposit slips and the cash collected in December?” “Spending cash from sales before depositing the balance, can you clarify?” “Can we verify if all cash sales…

Beyond Boundaries: SMEvolution in Building an Online Presence

Beyond Boundaries: SMEvolution in Building an Online Presence

Introduction From Gutenberg’s movable-type printing press to the digital world of the twenty-first century, the trajectory of technological advancement has taken an extraordinary leap. Building a robust online presence is no longer a luxury in today’s interconnected global village on the internet, where social media and digital technologies reign supreme. In this article, we will go over some simple steps…

From Feedback to Fortune: Customer-Driven Success

From Feedback to Fortune: Customer-Driven Success

Introduction: Customers, the lifeblood of any business, actively propel revenue generation and are the fundamental force sustaining and nurturing a company’s existence. Again, these individuals willingly invest in the services or solutions offered, forming an essential lifeline critical to the survival of a business. Simply put, without customers, a business ceases to exist. The importance of customer service cannot be…

Business Survival Tips for SMEs

Business Survival Tips for Small Business

Explore this in-depth guide to navigating the ever-changing landscape of small and medium-sized enterprises (SMEs). Discover the keys to success and growth in today’s competitive market, covering everything from technology and customer experience to online presence, industry trends, risk management, and bookkeeping. Embrace Technology for Business Growth Small and medium-sized businesses stand at a crucial juncture in today’s tech-driven world.…

Navigating Financial Statements for African SMEs

Navigating Financial Statements for African SMEs

Introduction Imagine yourself as a small business owner, sitting in your shop on a normal day in your neighborhood. Your business stands as proof of your hard work and vision, enabling you to chase your dreams. Just as a GPS guides you through unknown roads, financial statements guide your business through to steer through the unpredictable market. This article aims…

Petty Cash Management for SMEs

Mastering Petty Cash Management: A Key to SME Success

Introduction Small businesses often struggle with handling daily expenses efficiently, especially when it comes to dealing with multiple reimbursement requests. Petty cash management offers a structured solution. In this system, a petty cashier is appointed to oversee a fixed fund and maintain detailed records. This approach ensures quick access to cash, accurate tracking of expenses, and better overall financial management.…

What is the Growth and Sustainability Levy (GSL) Act 2023 (Act 1095)? All you need to know about it.

 What is the Growth and Sustainability Levy (GSL) Act 2023 (Act 1095)?

Introduction The Growth and Sustainability Levy Act 2023 (Act 1095) has been introduced in Ghana to foster economic growth and fiscal sustainability by raising revenue from specified companies and institutions. The levy is on profits before tax or production for the assessment years 2023, 2024, and 2025. Understanding and managing this levy is critical as a business owner to ensure…