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

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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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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 develop a business plan
For the success of the enterprise and the company as a whole, you need the…

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tanya

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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.

Decide how to create a business process Continue reading

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

one
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

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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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How to become rich at a young age
If a person wants to become rich, then he will have to work hard, plan…

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What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are…

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