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Simplebks Journal

Ideas, lessons, and product updates for operators.

Updates, growth ideas, compliance guidance, and product news from the Simplebks team.

118 posts in matching “”
Business Growth

The Hidden Cost of Selling on Credit in Nigeria

Credit is not a Nigerian small business problem — it is a Nigerian small business reality. But there is a difference between using credit as a strategy and letting it quietly drain everything you have earned. Here is the honest cost, and how to do it properly.

Olakunle Ajila March 17, 2026 8 min read
Business Growth

Why Your Shop Is Busy But Your Account Is Always Empty

Your shop is busy. Sales are moving. Customers keep coming. But every time you check your account, the number doesn't match the effort. This isn't bad luck — it's a pattern. Here are the 7 reasons it's happening and what actually fixes it.

Olakunle Ajila March 11, 2026 11 min read
Compliance & Tax

The 2025 Tax Act: Why Everyone Is Talking About It But Nobody Knows What to Do

The 2025 Tax Act has Nigerian business owners worried — but most don't know what it actually changes for them. This is the plain-English guide: VAT exemptions, Company Income Tax thresholds, enforcement reality, and the one practical thing to do right now.

Olakunle Ajila March 9, 2026 9 min read
how-to-price-products-nigeria
Business Growth

How to Price Your Products in Nigeria Without Guessing

Most Nigerian business owners price by gut feel or by copying competitors. Both approaches are quietly killing profit — not because the intent is wrong, but because the full cost picture is never counted. Here is the formula, the margin benchmarks by business type, and how to stop pricing from memory.

Olakunle Ajila March 25, 2026 6 min read
Upgrade Your Account for Maximum Awesomeness with Simplebks!
Product Updates

Upgrade Your Account for Maximum Awesomeness with Simplebks!

Explore our suite of plans designed to cater to businesses of all sizes, from small to large enterprises, with powerful account management.

Asadu Uchenna April 16, 2024 4 min read
Managing Dormant Inventory with Simplebks.
Product Updates

Managing Dormant Inventory with Simplebks.

Managing Dormant Inventory is a strategic aspect of inventory management aimed at handling items that have remained inactive or unsold.

Asadu Uchenna April 11, 2024 3 min read
The Power of Product with Variants on Simplebks.
Product Updates

The Power of Product with Variants on Simplebks.

The advantages of simplebks with its variants features, offering inventory management, customized pricing strategies for businesses.

Asadu Uchenna April 11, 2024 3 min read
Leveraging Agribusiness Advantages for Nigerian SMEs.
Product Updates

Leveraging Agribusiness Advantages for Nigerian SMEs.

Explore lucrative agribusiness ideas for Nigerian SMEs and discover how Simplebks Accounting empowers entrepreneurs.

Asadu Uchenna April 8, 2024 2 min read
Growing Your Side Hustle into a Thriving Business.
Compliance & Tax

Growing Your Side Hustle into a Thriving Business.

Elevate your side hustle into a flourishing business, from defining your vision to providing excellent customer service.

Asadu Uchenna March 27, 2024 4 min read
CBN’s Decision to Remove FX Restrictions on Dairy Products.
Product Updates

CBN’s Decision to Remove FX Restrictions on Dairy Products.

Explore the pivotal move by the Central Bank of Nigeria to lift foreign exchange restrictions on dairy products and its profound implications

Asadu Uchenna March 20, 2024 3 min read
Surviving the High Cost of Living in Nigeria.
Product Updates

Surviving the High Cost of Living in Nigeria.

Essential tips for navigating Nigeria's economic challenges and surviving the soaring high cost of living and prioritizing needs.

Asadu Uchenna February 21, 2024 3 min read