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A Quick Look at Resource Management

A Quick Look at Resource Management

Every organisation has its goals, objectives, and values. Resource management helps to align every resource to achieve these goals and represent their values to the public. It answers the question -what you have at hand and what you can do with it to get the best result for your business?

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Four Methods of Payment you Should Accept for your Business

Four Methods of Payment you Should Accept for your Business

Money is a tool of value exchange that is recognised and accepted everywhere in the world. One can safely say every business deals with money. Every business sends out and receives money. Every business expects their customer to pay them money in exchange for their products and services.

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Keeping your Books with Redbiller

Keeping your Books with Redbiller

You already know I’m not talking about keeping a random notebook safe, and this record does not even have to be a book. The idea of bookkeeping is that nothing goes out or comes in without it being on record. Regardless of the size of the business, bookkeeping is essential for tracking all financial transactions.

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The Startup Checklist

The Startup Checklist

The initial stage of launching a business can be exciting and overwhelming. There are many things to consider, many things to plan, and many things to learn. One of the many things that can kill your business on arrival is underestimating what it needs to kick off.

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Why do Businesses Fail?

Why do Businesses Fail?

This question has been asked many times, and we are yet to see the last of it. It is a question with so many answers. Every time one business comes crumbling down, we have a new lesson to learn on things to be done and to avoid. And yet, in the abundance of these lessons and examples, businesses are still failing. Why?

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Risk Management

Risk Management

Every business decision comes with a risk. So it is not about just wanting what is best for the company. That desire itself is a risk because it is at the cost of something that can backfire or not go as planned. Risk is the probability of a negative outcome in a thing, and every investment comes with a level of uncertainty.

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How to Generate Airtime PIN on Redbiller

How to Generate Airtime PIN on Redbiller

We have upgraded our platform to include the Airtime PIN generation feature. This feature allows you to generate airtime PINs which you can then print out as recharge cards. In this article, I will be taking you through the PIN generation process step by step.

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Tips for Preparing a Good Budget

Tips for Preparing a Good Budget

Budgeting is optional when it is for your income, but not when it is about running a business. Budget is an essential guide in managing your business finances and maximising available resources. For your business, the budget goes beyond writing out numbers on paper, it is a tool for maintaining financial health.

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What are Financial Statements?

What are Financial Statements?

Financial statements, also known as financial records, detail the financial activities of an organisation. The questions financial statements answer are What happened to the money? and Where is the money? Both sound like the same thing, right? Well, dealing with business money will show you they are very different.

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Understanding Risk

Understanding Risk

We can make predictions of what to expect based on the factors around and not around. But even with all the pointers, precedence, and guides, there exist a possibility that it can end up as something a little different or entirely unexpected. That possibility, notwithstanding how little, is the risk. And it is present in everything.

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Effective Debt Management

Effective Debt Management

Nobody starts their business intending to end up in debt. It goes beyond managing your finances properly and doing every other thing right. An unforeseen situation can arise anytime and throw you off balance, for example, the lockdown. Who would have thought anything would keep us in for that long in this century.

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Change Management

Change Management

Change in consumer behaviours demands a change in your products. Change in policies demands a change in your structure. Emerging technologies demand changes in your operations. Consequently, this leads us to Change management.

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