How to survive your own financial crisis
A personal financial crisis can be the result of a variety of events: job loss,…

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How to create a trust fund
A trust fund is commonly seen as a way to raise money for the children…

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Choosing a bank for business
The choice of a bank for business in Russia is one of the key problems…

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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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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

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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How to run a garage sale
A garage sale is a good way to get rid of unwanted items and earn…

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Business financial health
It happens that a company looks successful, healthy and rich: every month it opens a…

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