Choosing a bank for business
The choice of a bank for business in Russia is one of the key problems faced by legal entities (LE) and individual entrepreneurs (IP). All businessmen are looking for a…

Continue reading →

The concept of liquidity, types and how to calculate
The meaning of the word liquidity is not as confusing a term as it might seem. In essence, liquidity is the ability of something (an asset) to quickly turn back…

Continue reading →

How to analyze the ratio of debt to equity
The debt-to-equity ratio is a financial measure used to assess a company's capital structure, more specifically, to estimate the relative proportions of a firm's assets that are funded by debt.…

...

Seven laws of money or how to be friends with finances
Do you want to become financially free and prosperous? Have you thought about your relationship with finances? We all want to have as much money as we need and even…

Continue reading →

need to convert

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 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

How to analyze the ratio of debt to equity
The debt-to-equity ratio is a financial measure used to assess a company's capital structure, more specifically, to estimate the relative proportions of a firm's assets that are funded by debt.…

...

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…

...

The main mistakes of businessmen
So what's the problem? Why do some manage to run a business, while others go bust and remain in the cold? Below we will present you the most common mistakes…

...