With minimal investment

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 make money recycling aluminum cans and plastic bottles
Recycling materials is not only good for the environment, but it can also be great…

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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…

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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…

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Women’s business: gender role

At the same time, it is foolish to deny that women are more likely than men to make important decisions, ranging from the choice of food, clothing, furniture, repair materials, and ending with real estate and technology. Does this world still belong to men? No matter how! And the trend of recent years indicates that women from the rank of buyers boldly and successfully migrated to the other side, literally in front of their eyes, rediscovering those business sectors that initially had a clear division into “male” and were inaccessible to fragile creatures. Continue reading

How the banking system works

We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of utility bills: this is an integral part of the daily life of every person. But who thought about what are the schemes of banks and how the entire banking system works? Understand how banks make money.

The structure of the banking system in the Russian Federation

In Russia, the banking system is two-tier. Continue reading

How the process of bankruptcy of enterprises occurs: methods of prevention

The term “bankruptcy” in Italian means “broken bench (table, counter).” In times of lack of financial literacy, it was customary to smash and destroy bankrupt offices. Since then, a lot has changed and the criteria for bankruptcy of enterprises have become accessible and understandable. Bankruptcy is not always synonymous with loss these days. In many cases, this procedure becomes an important step towards financial recovery. Continue reading

How to develop a business plan

For the success of the enterprise and the company as a whole, you need the right development strategy, which needs to be thought out to the smallest detail. The best option would be to create a business plan, which will clearly spell out all the points. But, for starters, let’s look at what a business plan is, its varieties, the rules and purposes of drawing up – this is what we will tell you about in our article.

The essence and meaning of a business plan Continue reading

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 are state programs to support small businesses.
The conditions for supporting small businesses are varied and depend on the specific situation. Most often, entrepreneurs are interested in receiving subsidies and grants. But as a help to a novice businessman, the state can provide both benefits for the use of state property and partial compensation for staff training. Continue reading

How to start a crayfish farming business
One common form of small business is selling beer. In Russia, they especially like a…

...

Operating lever
Typically, business owners are interested in two interrelated indicators: revenue and profit. Revenue shows how…

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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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