How to become a bank manager
If banking is your industry, consider what it takes to be a bank manager. Bank managers provide daily assistance to clients, and also fully manage the staff of the branch.…

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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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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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How to conduct business process analysis
A business process is a system that a company uses to achieve a goal. Also, this term can be defined as a sequence of actions that allows you to create…

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relationship between revenue

Operating lever

Typically, business owners are interested in two interrelated indicators: revenue and profit. Revenue shows how much the company has earned, and profit shows how much is left after deducting expenses.

Most likely, if the revenue is higher, then the profit will be higher. The opposite also works: if revenue falls, then the same will happen with profit. And everything would be very simple if there was a direct relationship between the indicators. But no: revenue can sink quite a bit, and this will lead to big losses. Continue reading

How to sell an idea
Inventors and creative business people are always coming up with new business ideas or developing products that make life easier. It is important to know how to protect and sell…

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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…

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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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