A selection of business ideas with minimal investment
However, the majority of Russians still hold the opinion that only the elite can open…

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How to sell an idea
Inventors and creative business people are always coming up with new business ideas or developing…

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How to run a garage sale
A garage sale is a good way to get rid of unwanted items and earn…

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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…

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business plan

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

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…

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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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5 ways to make your business financially sustainable
Business financial sustainability is like that 2000s meme girl—hard to find and easy to lose.…

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