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…

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How to become a bank manager
If banking is your industry, consider what it takes to be a bank manager. Bank…

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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 banking system works
We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of…

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long-term income

How to start a crayfish farming business

One common form of small business is selling beer. In Russia, they especially like a foamy drink, which means they buy many types of snacks for it. One of the most popular and expensive are crayfish. The main catch is that this aquatic inhabitant is not so easy to find in a regular store.

Against this background, we recommend that you consider breeding crayfish as a business. This is capable of generating a steady income on a product that has not lost popularity for many decades. Continue reading

Comfortable old age without FIU

Getting old is not scary, it’s scary to live in poverty. Are you ready to give up going to the cinema, having fun with friends in bars, designer clothes and other pleasant little things in life? It is rare to meet retirees in fashion boutiques, cafes or cinemas, and even abroad, in popular resorts.

In connection with the increase in the retirement age and the general financial destabilization, we need to think about the future today.

Start now or enjoy life? Continue reading

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 of such innovations. As the saying goes, “you can’t improve what you can’t measure.” To solve the problem, the business must develop metrics for the measurable components of business processes and organize the collection of analytical data before and after innovation. The subsequent analysis of the indicators will allow us to conclude how effective the changes in the processes were. But you need to start by choosing the most important indicators for your business processes. Continue reading

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…

...

How to Calculate the Share of Income Paid as Dividends
The share of income paid in the form of dividends is a way of measuring…

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How to sell an idea
Inventors and creative business people are always coming up with new business ideas or developing…

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