How to conduct market research
Marketing research is carried out by both future entrepreneurs and actual businessmen in order to…

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How to create a business from scratch?
Therefore, it is not surprising that this idea seems like a promising undertaking for every…

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

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noticed by the management

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

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

How to start a crayfish farming business
One common form of small business is selling beer. In Russia, they especially like a…

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

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