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…

Continue reading →

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…

Continue reading →

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,…

...

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…

Continue reading →

avoid bankruptcy

1 2 3 6

How to start a crayfish farming business

One common form of small business is selling beer. In Russia, they especially like a foamy drink, which means they buy many types of snacks for it. One of the most popular and expensive are crayfish. The main catch is that this aquatic inhabitant is not so easy to find in a regular store.

Against this background, we recommend that you consider breeding crayfish as a business. This is capable of generating a steady income on a product that has not lost popularity for many decades. Continue reading

How to Find Marginal Revenue

According to basic economic principles, if a company lowers the price of its products, then that company can sell more products. However, this will generate less profit for each additional item sold. Marginal revenue is the increase in revenue from the sale of an additional unit of output. Marginal revenue can be calculated using a simple formula: Marginal revenue = (change in total revenue)/(change in units sold). 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.

Part
one Continue reading

1 2 3 6
How to create a trust fund
A trust fund is commonly seen as a way to raise money for the children of wealthy people, but in fact it can be a useful financial tool at any…

...

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…

...

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 for your wallet, making you some extra cash. The easiest way to recycle is aluminum…

...