With minimal investment

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

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Margin Analysis
Let's imagine that confectioner Vasya Yagodkin sells one hundred cakes with raspberries and one hundred…

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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 survive your own financial crisis

A personal financial crisis can be the result of a variety of events: job loss, divorce, bankruptcy, sudden medical expenses, or any other event that results in loss of financial stability. Whatever the cause, the consequences are always the same: stress, confusion, inability to control the situation, loss of self-confidence. While it may not be easy to get through a financial crisis, it is important to remember that it is possible to regain control of the situation. Everything can be improved if you get together and start acting. Continue reading

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 your idea in order to bring it to life. Do not approach this issue from the point of view of a merchant, because it is much more important to create value that no one can reproduce.

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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 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.

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How to run a garage sale

A garage sale is a good way to get rid of unwanted items and earn some extra money. There is nothing difficult in organizing a garage sale, and the right prices, advertising and communication with buyers will become additional components of success.

How to prepare goods

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Select items to sell. Go through all the boxes of things in the attic, outbuilding, basement and garage to select items for sale. Walk through all the rooms in the house to find unnecessary things. Continue reading

Margin Analysis
Let's imagine that confectioner Vasya Yagodkin sells one hundred cakes with raspberries and one hundred…

...

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

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Tough measures or how to make adjustments to the work of the company
In response to this statement, one can object that the company is the people working…

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