How to write a business plan for agriculture and animal husbandry
A business plan is essential to get you on the ground before you start a farming business, no matter how you prepare for it. In today's world, animal husbandry is…

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Seven laws of money or how to be friends with finances
Do you want to become financially free and prosperous? Have you thought about your relationship with finances? We all want to have as much money as we need and even…

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How to Find Marginal Revenue
According to basic economic principles, if a company lowers the price of its products, then that company can sell more products. However, this will generate less profit for each additional…

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How to attract a sponsor
The process of obtaining sponsorship for your business, project or event can end in a successful and mutually beneficial cooperation, or a complete failure. However, you can significantly increase your…

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banking services

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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

Bank selection

Choosing a bank is one of the most responsible decisions. A lot can depend on the stability of a credit institution. Of course, it is quite difficult for an average Russian to deal with professional financial indicators, but one must at least assess how long a bank has been operating in the market, how successfully it has functioned all this time, how large it is, many banks have ratings from international or Russian rating agencies. Bank ratings in terms of assets, loan and deposit portfolios, network of branches, quality of service are available on a number of Internet resources. Continue reading

How to Find Marginal Revenue

According to basic economic principles, if a company lowers the price of its products, then that company can sell more products. However, this will generate less profit for each additional item sold. Marginal revenue is the increase in revenue from the sale of an additional unit of output. Marginal revenue can be calculated using a simple formula: Marginal revenue = (change in total revenue)/(change in units sold). Continue reading

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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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How to become rich at a young age
If a person wants to become rich, then he will have to work hard, plan things wisely and put aside savings at any age, especially in his youth (of course,…

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State support for businessmen
When starting a business, the issue of financing is always acute. Common sources of funds are credit or loans. But there are additional opportunities to make your life easier: these…

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