How to become a marketing consultant
Marketing is the ability to tell a compelling story about products and services through words,…

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How to analyze the ratio of debt to equity
The debt-to-equity ratio is a financial measure used to assess a company's capital structure, more…

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Women's business: gender role
At the same time, it is foolish to deny that women are more likely than…

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What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are…

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cash gaps

Virtual Assets Law: Help or Barrier?

For a long time this market remained unsettled. So the conceptual goal of adopting a law on virtual assets is, first of all, to move the market and activities with virtual assets into the legal field. This means granting a certain legal status and concept to virtual assets (which, by the way, is not limited to cryptocurrency only), direct recognition of virtual assets at the legislative level as objects of legal relations, regulation of their circulation, determination of the rights and obligations of participants in the virtual assets market and the establishment of public policy principles and regulation in the sphere of their circulation. 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 evaluate workflow improvements

In order for a business to remain competitive, its work processes (both production and financial) must be constantly improved. For this reason, there is a need to evaluate the results of such innovations. As the saying goes, “you can’t improve what you can’t measure.” To solve the problem, the business must develop metrics for the measurable components of business processes and organize the collection of analytical data before and after innovation. The subsequent analysis of the indicators will allow us to conclude how effective the changes in the processes were. But you need to start by choosing the most important indicators for your business processes. 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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What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are…

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Operating lever
Typically, business owners are interested in two interrelated indicators: revenue and profit. Revenue shows how…

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