What’s the most common challenge every small business owner faces in their business? Based on feedback we’ve gotten from members, managing payroll is definitely on that list. When you are a solopreneur, creating a system to pay yourself a salary monthly can be tough. And when you start having employees, making sure employees receive their […]
Here’s How To File and Pay Your VAT Returns Online in Nigeria
You’ve taken the right step to register your business, get a TIN, get a VAT number, now it’s time to pay your VAT. In this article, I’ll show you how to pay your VAT online in Nigeria and also at the bank if you prefer. Step-by-Step Guide to Pay Your VAT Online in Nigeria The […]
Guide: How To Get VAT Number for Your Business in Nigeria
Have you ever looked at a receipt given to you after shopping at the supermarket and wondered why it’s marked as VAT inclusive? If you’ve never noticed that on your receipts, how about when you’ve concluded payments on a product and when you receive your invoice, there’s an extra amount tagged as VAT. As long […]
How To Download Your Statement Of Account Via Web
You download your statement of account via the web. You don’t have to manually input your login credentials when accessing Prospa from the web. Simply use a QR code to log in via your mobile app. A step-by-step guide on how to download your statement of account of account via web Login to your Prospa […]
Understanding Pricing on Prospa: Fees, Rates and Charges
We pride ourselves on fair and transparent pricing. You will never be charged for something you are not aware of, our billing dates and times are clear. You also receive an email and SMS receipt every time you are billed. How does Prospa differ from other services? You may be wondering how Prospa is different […]
Guide: How To Get Your Tax Identification Number (TIN) in Nigeria
Having a Tax Identification Number is compulsory for all businesses in Nigeria. It is a legal requirement to have a TIN number if you want to open a business bank account. If you are a business owner who wants to learn how to get TIN in Nigeria for your limited liability company or a sole […]
How To Use Sub-Accounts on Prospa
If you are not familiar with sub-accounts as a business owner, you can think of it as a piggy bank with extra capabilities. Sub-accounts are smaller accounts that sit under your primary bank account. You can set them up for specific aspects of your business like marketing, tax, salary payments, supplier payments etc. You can […]
How To Create a Professional Invoice – A Step-by-Step Guide
Sending your first invoice is a cause for celebration. So first of all, congratulations! If you are unsure of how to create an invoice or what information to include on an invoice, we’ve created this guide for you. After reading this guide, you’ll be able to create professional invoices quickly and easily. What is an […]
How To: Switch Your Business Account
At Prospa, we’re empowering entrepreneurs to manage their entire financial operations from one app. You can own two or more business accounts on Prospa without deleting or logging out of the other one. You can easily Switch accounts and make transactions with whichever you please. Switch Your Business Account Easily. Now that you know this […]
How To Write a Winning Sales Pitch for Your Small Business
Are you frightened by the idea of pitching your services to customers? You’re not alone. The process of making a sales pitch is challenging for most business owners, though you will most certainly have to do it at some point while trying to expand your business. If you are a new business or small business […]