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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How the banking system works
We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of…

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

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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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clearly define

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

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

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How to conduct business process analysis
A business process is a system that a company uses to achieve a goal. Also,…

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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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