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

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

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Bets in the red: what can change the situation

With official inflation of 10% and a sharp devaluation of the hryvnia, the standard rates in banks on the most popular deposits today are in the range of 7.5-8.5%. Taking into account the taxation of deposits and the situation with the unstable hryvnia exchange rate, real rates thus went into a deep minus. On deposits in foreign currency (in dollars and euros), banks pay quite ridiculous interest – no more than 1% per annum. Continue reading

How to conduct market research

Marketing research is carried out by both future entrepreneurs and actual businessmen in order to collect and analyze useful information about the market of the type of activity they are engaged in. Marketing research is used to find effective strategies, weigh the pros and cons of how to move forward, determine the next steps in a business, and much more. You will have a competitive edge if you have good marketing research skills. To get started, start with step number 1. Continue reading

How to conduct business process analysis
A business process is a system that a company uses to achieve a goal. Also,…

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What is net cash flow
Net cash flow is an economic indicator of the solvency and financial well-being of the…

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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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