How to create a trust fund
A trust fund is commonly seen as a way to raise money for the children of wealthy people, but in fact it can be a useful financial tool at any…

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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…

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How to become rich at a young age
If a person wants to become rich, then he will have to work hard, plan things wisely and put aside savings at any age, especially in his youth (of course,…

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How to attract a sponsor
The process of obtaining sponsorship for your business, project or event can end in a successful and mutually beneficial cooperation, or a complete failure. However, you can significantly increase your…

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habitual spending

How to conduct market research

Marketing research is carried out by both future entrepreneurs and actual businessmen in order to collect and analyze useful information about the market of the type of activity they are engaged in. Marketing research is used to find effective strategies, weigh the pros and cons of how to move forward, determine the next steps in a business, and much more. You will have a competitive edge if you have good marketing research skills. To get started, start with step number 1. 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…

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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 collect basic reports. Thus, we digitize the company. And thanks to this digitization, it is…

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Comfortable old age without FIU
Getting old is not scary, it's scary to live in poverty. Are you ready to give up going to the cinema, having fun with friends in bars, designer clothes and…

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