between entrepreneurs
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 who thought about what are the schemes of banks and how the entire banking system works? Understand how banks make money.
The structure of the banking system in the Russian Federation
In Russia, the banking system is two-tier. Continue reading
How the process of bankruptcy of enterprises occurs: methods of prevention
The term “bankruptcy” in Italian means “broken bench (table, counter).” In times of lack of financial literacy, it was customary to smash and destroy bankrupt offices. Since then, a lot has changed and the criteria for bankruptcy of enterprises have become accessible and understandable. Bankruptcy is not always synonymous with loss these days. In many cases, this procedure becomes an important step towards financial recovery. Continue reading
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 option would be to create a business plan, which will clearly spell out all the points. But, for starters, let’s look at what a business plan is, its varieties, the rules and purposes of drawing up – this is what we will tell you about in our article.
The essence and meaning of a business plan Continue reading
