Business financial health
It happens that a company looks successful, healthy and rich: every month it opens a new branch, hires its second thousand employees and does not leave the front page of…

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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,…

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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…

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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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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

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…

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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 develop a business plan
For the success of the enterprise and the company as a whole, you need the right development strategy, which needs to be thought out to the smallest detail. The best…

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