bankruptcy
7 financial risks in business that could be worth millions
There are always risks in business, and there are many of them. Some cannot be influenced, for example, if the summer in the region turned out to be dry, agribusiness will not be able to do anything about it: the peas will dry out, the rye will not be born. But there are risks that can and should be influenced – these are financial ones.
Financial risks are all situations in which a company can lose money for various reasons: due to the carelessness of the owner, the dishonesty of the supplier, buyer, or errors in the currency contract. Continue reading
How to create a business from scratch?
Therefore, it is not surprising that this idea seems like a promising undertaking for every vigorous enthusiast. However, many novice businessmen either burn out or, in principle, do not dare to realize their idea. Statistics show that 99% of ideas for their own business are put into a black box for various reasons: someone is simply lazy, others cannot quickly navigate the current situation and miss their chance. The very first and main question that arises for the future tycoon: where to get the finances to create a business from scratch? Continue reading
A selection of business ideas with minimal investment
However, the majority of Russians still hold the opinion that only the elite can open their own business. There is a stereotype in society that it is necessary to invest millions of dollars in your business, to get into loans and debts.
In fact, this is not so. What you really need to start and conduct business processes correctly is perseverance, a conscious desire and competence in the field that you have chosen. Continue reading
