Virtual Assets Law: Help or Barrier?
For a long time this market remained unsettled. So the conceptual goal of adopting a…

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7 financial risks in business that could be worth millions
There are always risks in business, and there are many of them. Some cannot be…

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How to conduct market research
Marketing research is carried out by both future entrepreneurs and actual businessmen in order to…

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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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avoid bankruptcy

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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.

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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,…

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State support for businessmen
When starting a business, the issue of financing is always acute. Common sources of funds…

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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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