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…

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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…

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Money under the mattress does not work!
Like fuel for a car. If a canister of gasoline lies somewhere in the garage, and does not power the engine, then there is little sense from such fuel. Moreover,…

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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 right development strategy, which needs to be thought out to the smallest detail. The best…

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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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Margin Analysis
Let's imagine that confectioner Vasya Yagodkin sells one hundred cakes with raspberries and one hundred with currants every month. Crimson ones bring him 50,000 rubles, and currant ones - only…

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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…

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How to create a business from scratch?
Therefore, it is not surprising that this idea seems like a promising undertaking for every vigorous enthusiast. However, many novice businessmen either burn out or, in principle, do not dare…

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