How the process of bankruptcy of enterprises occurs: methods of prevention
The term "bankruptcy" in Italian means "broken bench (table, counter)." In times of lack of financial literacy, it was customary to smash and destroy bankrupt offices. Since then, a lot…

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How to evaluate workflow improvements
In order for a business to remain competitive, its work processes (both production and financial) must be constantly improved. For this reason, there is a need to evaluate the results…

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The concept of liquidity, types and how to calculate
The meaning of the word liquidity is not as confusing a term as it might seem. In essence, liquidity is the ability of something (an asset) to quickly turn back…

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How to develop a business plan
For the success of the enterprise and the company as a whole, you need the right development strategy, which needs to be thought out to the smallest detail. The best…

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abandon large profitable

Money under the mattress does not work!

Like fuel for a car. If a canister of gasoline lies somewhere in the garage, and does not power the engine, then there is little sense from such fuel. Moreover, there is a risk of leakage, fire, etc. So is the money stored under the mattress: not only useless, but also detrimental to the economy. Let’s figure out why.

Financial inclusion – accessibility for everyone and everyone of basic financial services, such as a bank account, online payment, mobile wallets, deposits and loans, participation in investment funds and transfer of funds for management, money transfers, etc. Continue reading

How to calculate debt service payments

Debt service is the periodic (usually annual) payment of accrued interest and part of the principal amount of the debt. When applying for a loan, companies are required to disclose debt servicing data. Based on the amount of debt service payments and the amount of net income, investors calculate the debt service ratio, which is the percentage of net income that goes to repay the loan.

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Calculating Debt Service Payments Continue reading

How to conduct market research

Marketing research is carried out by both future entrepreneurs and actual businessmen in order to collect and analyze useful information about the market of the type of activity they are engaged in. Marketing research is used to find effective strategies, weigh the pros and cons of how to move forward, determine the next steps in a business, and much more. You will have a competitive edge if you have good marketing research skills. To get started, start with step number 1. Continue reading

Operating lever
Typically, business owners are interested in two interrelated indicators: revenue and profit. Revenue shows how much the company has earned, and profit shows how much is left after deducting expenses.…

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Operating lever
Typically, business owners are interested in two interrelated indicators: revenue and profit. Revenue shows how much the company has earned, and profit shows how much is left after deducting expenses.…

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The main mistakes of businessmen
So what's the problem? Why do some manage to run a business, while others go bust and remain in the cold? Below we will present you the most common mistakes…

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