The Great Crises: The Great Rise of the 1850s
The economic recovery of England had a beneficial effect on the countries of Europe. From the middle of 1849, the industry of Germany and France began to operate. At the…

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Free Business Game "Your Start" - Entrepreneurship Course
According to Edgar Dale's learning cone, the most effective learning is to simulate or perform a real action. It gives 90% of the result, compared, for example, with lectures, videos…

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Small business profit - its types and how to determine it.
After writing several articles on the effectiveness of small business, I received a letter from a reader asking what profit is in business. I believed that this question is so…

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The Great Crises: The Great Rise of the 1850s

The economic recovery of England had a beneficial effect on the countries of Europe. From the middle of 1849, the industry of Germany and France began to operate. At the end of the year, a general revival of trade began, which many bourgeois naively perceived as a result of the restoration of order. With the advent of 1850, the situation improved even more. A period of unprecedented economic growth began.

The textile industry was the first to enter the recovery phase, while the heavy industry experienced signs of recovery much later. The construction industry followed her. Accumulated inventories were eliminated. The fall in raw material prices has facilitated a reduction in production costs. Throughout the world, the crisis has brought down wages. In Europe and the USA, compared with England, industrial development could accelerate due to revolutions that changed social relations or a large influx of immigrants. Continue reading

Integration of company goals with budgeting

As a budget planning tool, managers can anticipate possible problems in the development of a company or business and find ways to solve them. These trends should be predicted in various development scenarios: optimistic, pessimistic, and most likely. Budgets do not prevent unforeseen situations in the future, but budgeting allows you to prepare for their solution.

Budgeting is a derivative of the goals and objectives of the company. Therefore, ensuring the connection of the company’s goals with financial planning and budgeting is an important task in the process of setting budget management in the company. Budgeting goals in a particular company can be determined only after setting the goals of the company and determining the direction of the company’s movement in their business. Continue reading

Why and who needs financial analysis

Defining the boundaries of financial sustainability of enterprises is one of the most important problems in a market economy. Inadequate financial stability may lead to a lack of funds to finance current or investment activities, while excessive financial stability will impede development by increasing the terms of capital turnover and reducing profits. Justify the parameters of such sustainability allows financial analysis. It not only provides an opportunity to judge the situation of the enterprise at the moment, but also serves as the basis for developing strategic decisions that determine the prospects for the development of the company. Continue reading

Why motivate employees?
Any attempts to evaluate staff motivation are fraught with serious consequences for the management system. Everyone knows that with good quality work of employees and high productivity, research on motivation…

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Common mistakes made by managers
Question: “It seems to me that we have thought through the process of change to the smallest detail, but already at the first stages of the implementation of the plan…

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Method "Ideoplast"
Backmology includes the Ideoplast method and its supporting discipline, Organization of Effective Management of Activities. The Ideoplast method is a tool to support decision making and implementation. Using the Ideoplast…

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OWN HANDS
About running rabbit “I can not afford a week of vacation - the company immediately loses important contracts and is late with deliveries to the main customers.” “I can’t bring…

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