3 Things That Make Your Business Move Slowly (And How to Fix Them)
The Slow Business Problem
Your business feels stuck. You're working hard but not growing.
Here are three things that slow businesses down—and how to fix them.
1. Not Planning Weekly Targets
The Problem: Working without plans means you don't know:
- What you should achieve this week
- How to achieve it
- Whether you succeeded or failed
The Fix: Every Sunday or Monday:
- Set 3 clear targets for the week
- Write them down
- Review on Friday: Did you hit them?
Example Weekly Targets
- Make ₦100,000 in sales
- Follow up with 10 past customers
- Restock top 3 selling items
2. Not Monitoring Cash Flow
The Problem: You think business is growing because sales are up. But money is actually leaking.
Without monitoring:
- You don't know if you're profitable
- Cash goes out faster than it comes in
- You discover problems too late
The Fix: Check every day:
- Money in today
- Money out today
- Running balance
Check every week:
- Total in vs total out
- Trend: Growing or shrinking?
3. Not Tracking Top-Selling Products
The Problem: You buy stock that doesn't move. Money gets tied up. Space gets occupied.
Meanwhile, your popular items run out.
The Fix: Know your top 5 sellers:
- What sells fastest?
- What has best margins?
- What should you stock more of?
Know your bottom 5:
- What isn't moving?
- Should you discount it?
- Should you stop stocking it?
The Real Equation
> It's not hustle that makes your business move. It's planning, controlling your cash, and knowing what brings real profit.
Start Today
1. Sit down and plan your week - 3 specific targets
2. Record every cash in and cash out - Starting now
3. Track which products sell most - Make a simple list
If you do these three things, your business will move faster.
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*Plan your finances properly. Our Accounting Dashboard shows you exactly where money is going and which areas are profitable.*
TaxHQ Editorial
Expert tax content based on Nigeria Tax Act 2025 and insights from leading Nigerian tax professionals.