Why does a business need a fast payment system
What is a fast payment system This is an instant transfer service from the Bank of Russia. The recipient for the transfer provides some kind of identifier. Most often it…

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How to create a business from scratch?
Therefore, it is not surprising that this idea seems like a promising undertaking for every vigorous enthusiast. However, many novice businessmen either burn out or, in principle, do not dare…

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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 specifically, to estimate the relative proportions of a firm's assets that are funded by debt.…

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The main mistakes of businessmen
So what's the problem? Why do some manage to run a business, while others go bust and remain in the cold? Below we will present you the most common mistakes…

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mystery behind

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 to make money recycling aluminum cans and plastic bottles
Recycling materials is not only good for the environment, but it can also be great for your wallet, making you some extra cash. The easiest way to recycle is aluminum…

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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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Bets in the red: what can change the situation
With official inflation of 10% and a sharp devaluation of the hryvnia, the standard rates in banks on the most popular deposits today are in the range of 7.5-8.5%. Taking…

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