How to survive your own financial crisis
A personal financial crisis can be the result of a variety of events: job loss,…

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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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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…

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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 conduct business process analysis

A business process is a system that a company uses to achieve a goal. Also, this term can be defined as a sequence of actions that allows you to create a product or service for customers. Managers analyze business processes to determine the usefulness and effectiveness of the process. First of all, the manager analyzes the current process. Management may then decide to make changes to improve the existing process. For example, an improved process can help a company save time, reduce costs, or create a more compelling product.

Decide how to create a business process Continue reading

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 the share of a company’s profits that is paid out to investors in the form of dividends over a set period (usually within a year), and does not go to the development of the company. In general, old and established companies have higher dividend ratios – their earnings levels have already risen significantly, while companies with lower dividend ratios are young companies with rapidly growing potential. To calculate the proportion of a company’s earnings paid out in dividends over a given period, use either Dividends Paid/Net Income or Annual Dividends Per Share/Net Earnings Per Share, which are equivalent. 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

The concept of liquidity, types and how to calculate
The meaning of the word liquidity is not as confusing a term as it might…

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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…

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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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