A selection of business ideas with minimal investment
However, the majority of Russians still hold the opinion that only the elite can open their own business. There is a stereotype in society that it is necessary to invest…

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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…

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How to survive your own financial crisis
A personal financial crisis can be the result of a variety of events: job loss, divorce, bankruptcy, sudden medical expenses, or any other event that results in loss of financial…

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Bank selection
Choosing a bank is one of the most responsible decisions. A lot can depend on the stability of a credit institution. Of course, it is quite difficult for an average…

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orange and apple

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…

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How to make money without working
Agree, it would be great if we could earn money without working? While there is no one hundred percent way to get rich without working at all, there are methods…

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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…

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