Bank selection
Choosing a bank is one of the most responsible decisions. A lot can depend on…

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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…

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Choosing a bank for business
The choice of a bank for business in Russia is one of the key problems…

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The main mistakes of businessmen
So what's the problem? Why do some manage to run a business, while others go…

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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…

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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 attract a sponsor
The process of obtaining sponsorship for your business, project or event can end in a…

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