ProSolve NG

SMEs/Startups face problems that could be peculiar to their sector or generic.
From pricing, to marketing, to scaling, manpower, working capital, etc, these problems could pose threats to achieving set objectives by any SME/Startup.
Workable solutions are all we offer 😊
DM us here or contact us via calls/WhatsApp on 0906 397 8743 and let's discuss the challenges facing you as an SME.

Despite the challenges 2020 has brought forth so far, we remain optimistic that better days are ahead for you, your businesses, Nigeria and the entire World...
Happy New Month!

The Impact of Covid-19 on Your Business
Before now, a lot of people never connected with how remotely possible, an economic decision made in the US, or in the Middle East could affect their businesses in Agege, Lagos or Kafanchan in Kaduna. Most business owners carried on unperturbed and unaware of whatever macro economic impact such global decisions had on their business dynamics. The rude awakening? Covid-19.

There's no need stressing further, how this novel virus, perceived initially as "just a common flu" emanating from a "small town" in China, has transcended borders around the World and led to the shut down of countries, world economies and ultimately, businesses. We are all living witnesses.

Now, if the largest spender in Nigeria, the Federal Government, can have it's finances cut short and inadvertently cut its spending due to the impact of Covid-19, who says your business would not feel some bit of the heat? Who says your business is immune? Even if your business dynamics show some bit of resilience against this impending economic downturn, what about your customers?

What if we told you, we could help your business "hedge" against this impending economic downturn? What if we told you we could assist you in restructuring your business plans, sales strategy, forecasts and financial projections to still create value? , etc.

Interested?, feel free to send us a DM here, or reach us via phone calls or WhatsApp on: +2349063978743 for more information on how best to reposition your business this era and going forward.

Come, let's talk.

Our greetings of the season to our Muslim brothers and sisters around the World.
May the Almighty Allah hear and answer our prayers this season and beyond.

Amin!.

The lockdown offers you a golden opportunity to review your business processes and effect improvements where necessary.
Don't let this chance slip away. Let's discuss how we can assist you with any of the following:
1. Putting your Accounts in order.
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2. Tax assessments and calculations.
3. Business health analysis
4. Sales analysis
5. Business strategy review
6. Access to structured loans and facilities.
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7. Business plans and feasibility studies.
8. Business letters and proposals
9. Online Corporate Trainings, etc.
For more enquiries, kindly DM us here, or call/chat with us on: +2349063978743 .

Thank you

Poorly written business letters or proposals, could pass your company off as unserious and definitely not worth doing business with.
Change the narrative. Win new clients and businesses. Let's curate the most suitable business letters and proposals for you.
For more enquiries, kindly contact us here via DM, or call or chat us up via WhatsApp on 09063978743.

Some benefits of having Prosolve NG handle your business accounts:
1. Timely bookkeeping and preparation of financial statements to aid prompt business decisions.
2. Better Informed Sales Analysis and Projections
3. Financial advisory services with respect to capital sourcing and access to loans.
4. Expenses and Overheads management.
5. Tax advisory services. Etc...
Why wait?!
Send us a DM here or Call/WhatsApp on 0906 397 8743 and let's discuss your business concerns

Part 1 - Liquidity Is Not Profitability
In the business space, particularly in Nigeria, a very common misconception is that liquidity is profitability. You'll be shocked to learn the extent this misconception has become so commonplace that even supposed experienced business people are guilty as well.
To enable us clarify this, let's put these terms in clear perspective by way of their definitions.
1. Liquidity:
Simply put, your cash; either in hand or in your bank account. Its just the aggregation of cash you have realised from sales made or services rendered that you have at your disposal. Technically, it describes the degree to which assets can be converted to cash. Such assets are current assets and can be measured with the aid of financial ratios such as: Current Ratio, Quick Asset (Acid Test) Ratio, Cash Ratio, etc
2. Profitability:
This is the financial reward earned for making a sale or rendering a service. In practical terms, it refers to the excess of your selling price over your cost price. Also referred to as Net Income, it is a key indicator of how well a business has performed. This can be measured with the aid of the following financial ratios: Gross Profit Margin, Net Profit Margin, Return On Equity, Return On Equity, Return On Assets, etc.
Key Differences:
- Liquidity helps indicate the short term performance of a business, while profitability is long term.
- Liquidity is a measure of the financial capacity of a business to meet its day-to-day and short term business obligations. While profitability is a measure of financial performance over a period of time.
- Liquidity is a Balance Sheet (Statement of Financial Position) item, while Profitability is an item of the Imcome Statement.
Both liquidity and profitability are very important in the life of a business as the short term and long term survival of any business are largely dependent on how well the business manages the two of them.
Thank you 😉
Please feel free to DM us here or Call/WhatsApp: 0906 397 8743 for consultations on your business health.

A major challenge for startups and SMEs is how to push the sales numbers in the face of serious competition and very challenging surrounding factors.
Why not talk to us today and let's draw up a strategy that would not only be adaptable to the peculiarities of your product/service and its targeted market, but would indeed drive the sales you desire within a stipulated time frame.
Please send us a DM here or Call/WhatsApp on 0906 397 8743 for enquiries.

From basic bookkeeping to the preparation of full financial statements, tax filings to mapping out strategies for growth, closing high ticket sales to corporate trainings, Prosolve NG has got you covered.
Send us a DM or Call/WhatsApp on 0906 397 8743 and let's discuss your business concerns.

A quick on-the-spot assessment for YOU. Yes, YOU!:
Having issues with your business setup and structuring?
Need help with simple bookkeeping and accounting for your business?
Are you finding it hard to close out on your high-ticket prospects?
Need professional input in drawing up your marketing or business strategies?
Do you need advice on the best Finance Mix to aid your business growth and expansion?
If you find yourself saying "YES" to one or more of the above, then it simply means you need us.
Our services are bespoke to your particular needs, and are tailored to meet your every expectation on required deliverables.
With a combined experience of over 35years in Accounting, Finance, Banking, Marketing, Business Strategy and Capacity Building, our Professionals are poised to offer Best-In-Class services to ensure your business needs are met timely.
We are glad to have you join us here. Please feel free to call or chat with us on WhatsApp on +2349063978743 to book a service or consultation time, or do so via DM here.
You can also turn-on post notifications, so you never miss out on information we would be pushing out from time to time.
Thank you....and Welcome again.
ProSolve NG Team