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 attract a sponsor
The process of obtaining sponsorship for your business, project or event can end in a…

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The main mistakes of businessmen
So what's the problem? Why do some manage to run a business, while others go…

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A selection of business ideas with minimal investment
However, the majority of Russians still hold the opinion that only the elite can open…

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optimize financial

8 reasons why a business is losing money out of the blue

When we start working with financial accounting in companies, the first thing we do is collect basic reports. Thus, we digitize the company. And thanks to this digitization, it is almost always possible to find a serious leak of money, or even more than one.

In this article, we tell you where business money most often flows. We suggest checking if your company has such “leaks”, and if there are, fix them as soon as possible. Continue reading

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 is a phone number. SBP works only between banks that have connected to the service. The list of banks can be viewed on the website of the service.

In short, SBP allows you to transfer money quickly and without commission between different banks. But this requires that the participants of the translation be connected to the service. The system works between all major Russian banks. Continue reading

How to create a business from scratch?

Therefore, it is not surprising that this idea seems like a promising undertaking for every vigorous enthusiast. However, many novice businessmen either burn out or, in principle, do not dare to realize their idea. Statistics show that 99% of ideas for their own business are put into a black box for various reasons: someone is simply lazy, others cannot quickly navigate the current situation and miss their chance. The very first and main question that arises for the future tycoon: where to get the finances to create a business from scratch? Continue reading

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

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Bank selection
Choosing a bank is one of the most responsible decisions. A lot can depend on…

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How to Find Marginal Revenue
According to basic economic principles, if a company lowers the price of its products, then…

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