Why does a business need a fast payment system
What is a fast payment system This is an instant transfer service from the Bank of Russia. The recipient for the transfer provides some kind of identifier. Most often it…

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.…

Continue reading →

How the banking system works
We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of utility bills: this is an integral part of the daily life of every person. But…

...

How to make money without working
Agree, it would be great if we could earn money without working? While there is no one hundred percent way to get rich without working at all, there are methods…

Continue reading →

harder

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 more complex and more changeable than it was 100 years ago. This has been due to market changes, high costs, low profit margins, different ways of raising cattle, and specialized markets.

The type of business plan you write is up to you, but the following step-by-step process for creating a proper business plan will help you in the long run. Continue reading

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 more, but in the end we can observe that someone is friends with money, and someone not so much.

Money requires respect, so proper handling and following the money laws discussed in this article will help you improve your financial situation and strengthen your relationship with money. Continue reading

How to survive your own financial crisis
A personal financial crisis can be the result of a variety of events: job loss, divorce, bankruptcy, sudden medical expenses, or any other event that results in loss of financial…

...

How to conduct business process analysis
A business process is a system that a company uses to achieve a goal. Also, this term can be defined as a sequence of actions that allows you to create…

...

Types of cash flows
Three types of cash flows It is customary for entrepreneurs to divide the cash flow into receipts and disposals and compare: if the amount of expenses is greater than the…

...