₦airaland Forum

You don't want to miss this opportun.ity. Hot deal. First pay first serve.

Clean Toyota corolla 2011.

Full comprehensive insurance till May 2017 with tracker (till infinity). 52k millage. Location is Marina Lagos.

Used for less than a year. Last pric.e is 2.6m. Pic.tures attached.

More pic.tures on Whatsapp.070.000..0.

Jah bless.

La click, la bend...

The wife of the president has just aired her personal opinion from her point of view. Her opinion does not in any way effect the Nigeria project. How does her opinion affect governance?

Methinks the president does not need to "know" the people working for him as long as the people are doing a good jobs for the good of Nigeria. Looking at it from this angle, the appointees would want to impress the president as they has a lot to loose if they don't perform.

[code][/code]MyPersonalOpinion.

Regulatory Requirement

Most small businesses do not see the need to take this serious until later when it gets too complicated to resolve.

Firstly, every business is expected to register with the Corporate Affairs Commission (CAC). Registration with CAC is the first, there are other regulatory registration(s) required depending on your kind of business. Find out about needed registration (s) in your chosen industry. Don't get too excited and carried away about profit. It gets really messy when you get big before realising this.

One very important registration that every business MUST carry out is TAX registration. Whether the business is TAX exempt is not an excuse. Registration for tax cannot be overemphassized because liabilities starts to accrue from the first day of incorporating the business. For example, non compliance with VAT in a year is not less than 360k; that's just VAT in one year alone! Other taxes abound with their non compliance penalties.

One can get free information online about the different registrations.

I will be here to answer a few questions you may have in this regard.

DavidSEO:
There is an online accountancy service by team of professionals visit innerkonsult.com call 0 8 0 384036

Thank you but you know innerconsult is not free. Thank you all the same.

Finance

This is one very important aspect of any business. Managing it is even more difficult than getting it. Let's assume you already have enough to start and run your business.

There is really nothing like enough money. The need to manage money is actually because there's no enough money. so, how do you manage the little money you have?

The starting point is to have a budget and stick to it. What is a budget? A budget shows how you get and spend money. A lot of people see budgeting as only spending. I repeat; it includes how to get money. This helps you to not only think of spending but how to get more money.

One of the reasons small businesses fail is becuase they do not separate their business expenses from personal expenses. The budget is for your business and not a personal budget. You must maintain this discipline to succeed as a business.

The initial money invest CAPITAL and must not be depleted. if anything, it should be increased. What most business owners do is to be on their business' payroll. That way, they are paid from the business' profits and not from capital.

Once there's a clear cut between personal and business cost, the business(wo)man is really set for business.

Business Plan

This is supposed to be the second step every business person is expected to take after the idea stage. However, more often than not a lot of persons jump into businesses they haven't really done any reasonable plan/research about.

Your Business Plan is the research you carry out about an idea that pops up in your head or a business you've seen others do well in. It contains the idea itself and everything that is needed to bring the idea to a real business. It covers the finances you'll need (and how to get them), the people you'll need to employ, the location to site the business, the customers (and suppliers or raw material ), the structure and whether the business is profitable.

It's not enough to see that someone else is making lots of money from the same business. You will need to do your own busines plan.

This is the beginning of Success/failure for business(wo)men. Take some time out to do a proper plan before you start at all.

There are countless articles online for free on how to draft a good business plan.

I will not help you write a business plan from scratch for free but I am willing to help you review the one you've written for FREE.

Hello Guys.

I am an experienced chartered Accountant and am willing to offer my services for free for start-ups and struggling businesses. I know we are in difficult times and businesses are trying as much as possible to survive.

From time to time, I will update this thread with cost cutting strategies and survival tips.

You are free to drop your questions here about accounting, bookkeeping, taxation etc and get practical professional advise or you can send a mail to mouconsult@live.co.uk

"It is not in our DNA to allow someone to just die by road accident or the way it happened in respect of the incident. But beyond the fact that we lost one person while crossing the road as a result of evading arrest by KAI officials, I need to tell Lagosians that over 49 buses were actually destroyed and it is costing us like almost N139m to put those buses back on the road,” he said.


@ the bolded, what about insurance? This sorts of situation is totally avoidable.

Correct guy, correct work. May God bless his hustle.

Jamean:
Paulipopor do you still like Lekki ?

Lekki has its advantages. I still prefer the worst places in Lekki to the best places in Mushin. MyChoice !

who she epp with the shopping.

Anyways sha, she fine...













Small

Serious mistake, but this is totally understandable.

You may be liable for the only excess amounts paid to exiting employees if they don't accept to refund the company. other excesses can be recouped this December, January and so on. This is the ideal thing to do.

You have not committed any offence by "taking responsibility for your action". This is expected

You may need to go diplomatic about this than the legal way as the legal way may cost you your job and future referencing from the company.

Be may careful next time.

Search for Muyiwa Afolabi. Cheers!

Hello guys, the attached might be useful to some ICAN students and aspiring ICAN students.

Cheers.

cc: lalasticlala

Hello Sir,

Please note that you can write any of the levels/Stages in both May and November. Also, there is no PE1 or 2 anymore. Please update yourself with the current syllabus on the Levels/stages.

Cheers!

adonbilivit:
good morning bro. please can I write my PE1 in November or must it be in may? cc: nobody

Happy birthday love. I wish you love and God's blessing now and always!

betterabia:
i heard indians and chinese working in nigeria pay their taxes in india and china

This is not totally correct sir, they might be required to pay some taxes in their home countries according to their laws, but first, they must pay their COMPLETE taxes here first.
There are 3 conditions for a foreigner to be tax exempt in nigeria;
1. they do not stay more than 180 days in a year,
2. their contry has a double tax agreement with nigeria
3. their earnings are not charged to an entity in nigeria.

note that all three conditions must be met.

@ topic, this is the real fight against corruption, strengthening institutions and blocking all loopholes.

kudos to Gej

I last saw my ID Card on Saturday 25th October 2014. This is a 3 in 1 ID - My Office ID card, Building Pass and Office Pass, the process of replaccing this ID will not only cost money but time and energy...Police report, court affidavit plus some few naira.

Running a quick search on nairaland on this topic, i realised that no thread has been created to address this issue. The essence of this thread is to report all cases of lost and found items thereby saving a lot of people the stress of going through the process of replacing those items.

Any item at all can be reported here, from rings, cash, phones, laptops, handbags, and even a house .

Thanks for you cooperation.

Cheers!
www.paulipopor..com

2nri: Hello house, sorry I've been AWOL, its just that my mama taught me to remain silent if I've got nothing to say. For reasons best known to me, I opted for EY and I can say its a great place. On your enquiries, all I know is they haven't met their manpower needs, HR said as much during the induction. Grapevine also has it that some people will come in by October, this is unconfirmed so please don't quote me anywhere. If I learn of anything concrete, I'll let you know. All the same. Keep the hope alive, the best is yet to come.

Congratulations 2nri, why did you choose ey and what unit are you in?

Khumaloh: Read sumtin 2day in d dailies as regards legislature banning activities of tax consultants in d country.Counted it as illegal.Can dat be affecting d recruitment process of EY 2 cos I guess most of d trainess are often apportioned 2 tax consulting unit....#Justthinkingloud#

There are 2 type of tax consulting.

The first represent the government, they help the government to establish liability due from tax payers. Their commission is based on the amount they are able to retrieve from tax payers. (I think this is the one you're referring to)

The second type represent the tax payer in tax audits and advice them on appropriate tax due and tax laws. Some companies have this unit in-house but others prefer to outsource this job to consultants - EY - this is very legal.
EY does only the second type.

The recruitment process is in batches. If you're still waiting - wait, hope and pray. You will receive good news soon.

Perpetual459: hello,how much do u charge for advanced excel and peachtree?

070 8853 1500. That's my number for all enquiries.

Cheers!!!
www.paulipopor..com

RuksBen: Thats the thing, i'm not based in Lagos

Give me a call tomorrow, we can arrange something.

RuksBen: Thanx but how are you gonna help me via phone call?

I teach those packages for a fee. Am based in Lagos. We can arrange the meeting point when you're ready.

RuksBen: Hello, pls I need training manuals on peachtree.
Any help?

Sorry I don't have manual but if you need training on peachtree/sage/quickbooks call me on 07 088 531 500


www.paulipopor..com

2nri: Well I'm looking at my offer right now and it says something different

Study leave or annual leave? Besides, 20 working days is a whole month.

How many days is KPMG giving for study leave?

2nri: For one, the pay is higher. yea I like money
Kpmg is bigger than EY, in Nig @least
I'm nt ACA qualified yet, wit kpmg I dnt av to worry abt saving for dt out of my salary
Kpmg offers more days of study leave compared to 20 days EY offers.
And I put in so much effort in2 kpmg's recruitment whereas its like EY just landed in my laps with little effort from me.
I'm still looking into both firms, I haven't made a final decision. All d above is jst my own limited wisdom, I pray for God's guidance

EY gives a whole month (not 20 days) study leave for your exams plus they pay for your lectures.

Lovely Couple! Congratz

gidjah: THERE IS NOTHING LOVE CNT DO; love is strong as death.,it overcomes all wrongs

Not totally correct sir, love is stronger than death. Much stronger.