What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are far from the topic of finance know. But do you understand what it is, and…

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Why does a business need a fast payment system
What is a fast payment system This is an instant transfer service from the Bank of Russia. The recipient for the transfer provides some kind of identifier. Most often it…

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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…

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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 organization. The result of the calculation gives management, creditors and investors a clear understanding of…

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operating cash

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

How to become a marketing consultant

Marketing is the ability to tell a compelling story about products and services through words, pictures, movies, and branding. Marketing consultants (marketers) are experts in marketing who, after many years of experience in the industry, are able to sell their knowledge on an hourly or per project basis. Companies and owners of private companies often hire marketing consultants on a contract basis to revise their marketing strategy. After many years of successful work in marketing, you can try to become a consultant. This job involves a variety of projects, and you will be able to work with companies from different market sectors at the same time. This article will tell you how to become a marketing consultant. Continue reading

How to become rich at a young age

If a person wants to become rich, then he will have to work hard, plan things wisely and put aside savings at any age, especially in his youth (of course, if he was not lucky enough to inherit wealth). It may seem that young and famous artists, athletes and businessmen got rich by chance or simply due to their innate talents, but all their achievements are the result of perseverance and dedication. Most people will not be able to achieve astronomical success, but any motivated person can become rich in just a few years through their efforts, time and adherence to certain principles. 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.…

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State support for businessmen
When starting a business, the issue of financing is always acute. Common sources of funds are credit or loans. But there are additional opportunities to make your life easier: these…

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How to sell an idea
Inventors and creative business people are always coming up with new business ideas or developing products that make life easier. It is important to know how to protect and sell…

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