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What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are…

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5 ways to make your business financially sustainable
Business financial sustainability is like that 2000s meme girl—hard to find and easy to lose.…

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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…

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How to calculate debt service payments
Debt service is the periodic (usually annual) payment of accrued interest and part of the…

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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 evaluate workflow improvements
In order for a business to remain competitive, its work processes (both production and financial)…

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How to organize a fundraising event
We all have heard about global problems and the necessary amount of funds that will…

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Search for investors for business
Experienced businessmen joke that finding an investor is like finding a soul mate. Of course,…

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