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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Five Financial Accounting Concepts You Should Know

Five Financial Accounting Concepts You Should Know

In starting a business, it helps to be familiar with some basic concepts that you can apply to ascertain the financial health of your business. Of course, as time goes on and your business expands, you will not continue to manage your business finances.

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How to Protect your Business Against Fraud

How to Protect your Business Against Fraud

We hear several reports of fraud cases against customers, but many companies also fall victim from time to time. And it remains a leading cause of business failure all over the world. Most businesses have been victims of fraud at some point. And SMEs are more vulnerable to fraud because they have to be open and flexible enough to ...

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A Little of Everything

A Little of Everything

You have probably heard the saying Jack of all trade, Master of none. Well, it is correct and has been proven so in the lives of many rebels. But what if we have taken it to heart a little too much? At becoming the Master of one, are we really required to ignore every other field?

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Here at Redbiller - our core values and how they affect you

Here at Redbiller - our core values and how they affect you

To help you understand what we stand for, I have decided to explore our Core values and what they mean for you, our esteemed clients. Our core values are what we will always pick above profit. They are the reason you should trust us to continuously offer you the best, a best that is free of the profit-crazy drive.

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Product Evaluation

Product Evaluation

A lot of things can go wrong with a new product. As people interact with the product, glitches that were not apparent during design and development will appear. Consequently, there will be the need for modification and eventually the development of a new product.

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Cash Flow versus Profit

Cash Flow versus Profit

Because the word ‘Profit’ registers money to the average mind, and of course, Cash is money, it is easy to take both to mean the same thing. However, in accounting, both are different. Understanding the difference between both and what they mean for your business is crucial in ascertaining your business’ performance and financial health.

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Seven Ways to Learn From Your Customers

Seven Ways to Learn From Your Customers

Customers are what makes a business a business. Without customers, your business is best a hobby - a boring one at that. No business can continue to exist without customers. And that is why it is imperative that businesses not only work on retaining customers but also on acquiring new ones.

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Customer Experience

Customer Experience

Customers expectations have moved beyond great products to include great experiences. People do not just want to get value, they want to have a great experience. And it is not a one time or first impression thing. It is a journey in which every interaction plays a vital role in the overall experience.

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