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Choosing a bank for business
The choice of a bank for business in Russia is one of the key problems faced by legal entities (LE) and individual entrepreneurs (IP). All businessmen are looking for a…

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How to become a marketing consultant
Marketing is the ability to tell a compelling story about products and services through words, pictures, movies, and branding. Marketing consultants (marketers) are experts in marketing who, after many years…

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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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State support for businessmen
When starting a business, the issue of financing is always acute. Common sources of funds are credit or loans. But there are additional opportunities to make your life easier: these…

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rent

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 →

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How to calculate debt service payments
Debt service is the periodic (usually annual) payment of accrued interest and part of the principal amount of the debt. When applying for a loan, companies are required to disclose…

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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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Women's business: gender role
At the same time, it is foolish to deny that women are more likely than men to make important decisions, ranging from the choice of food, clothing, furniture, repair materials,…

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