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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 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
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 millions of dollars in your business, to get into loans and debts.
In fact, this is not so. What you really need to start and conduct business processes correctly is perseverance, a conscious desire and competence in the field that you have chosen. Continue reading
