When you need to take a loan to small business.
To take out a loan in the fire order to pay off financial problems, even if it succeeds, as a rule, does not solve financial problems, but only exacerbates them.…

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General algorithm for work to reduce costs
This algorithm is universal regardless of whether the cost reduction is carried out as a one-time project or as a regular process; the difference will be in the intricacies of…

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Typical Budgeting Mistakes
For modern companies, the urgent task is the introduction and development of a budget management system. However, even in those firms where the budgeting process is sufficiently developed, employees often…

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few typical configurations

Typical Budgeting Mistakes

For modern companies, the urgent task is the introduction and development of a budget management system. However, even in those firms where the budgeting process is sufficiently developed, employees often make mistakes. Therefore, bottlenecks are important to identify and correct in time.

Usually, the company faces the question: how to make the budget management system (SBU) as efficient as possible? To do this, it is necessary to find out what the budget management system is, what is its purpose and the conditions for successful functioning. A systematic approach to this issue will help to avoid many errors in the formulation and improvement of the SBU in the company.

Typical mistakes made at enterprises when budgeting can be divided into: Continue reading

The main components of self-management

Self-education has as its goal the acquisition of knowledge and skills necessary to improve the quality of life. Self-education is an independent increase in knowledge, exaltation in mastery: the more versatile and deeper knowledge and experience, the more accurate the choice of decision and action for its implementation. Mastery entails the recognition of others that exalts a person, affirms him in life, helps to realize himself. The leader needs to know much more than any of his subordinates.

Self-education has as its goal the acquisition of knowledge and skills necessary to improve the quality of life, the development of the ability to self-organize and organize. Continue reading

How to evaluate a business plan for long-term development

Targets and goals
Strange as it may seem, this part of the business plan is analyzed at the very end and is the quintessence of everything described below. It should occupy one or two pages, no more. It is in this section that answers to the key questions raised in the annotation.

Where are we. General direction market in the Russian Federation
A table with data on the entire market is relevant here, and not only for those product groups (TG) that you have in stock. At the same time, the market position should be reflected both in past periods (ideally for the previous 5 years) and for the period covered by the business plan, which is a long-term document (developed at least 5 years in advance). This is done in order to understand the dynamics of the market, as well as the potential for the introduction of new TG. Continue reading

COLLECTIVE CONSCIOUSNESS: about the eBay founder’s foundation
How impact investments, venture philanthropy and flexible capital change the world, says Elena Boytsun, Investment Director, Central and Eastern Europe, Omidyar Group. Four years ago, I had a unique opportunity…

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The crisis of modern economic education
Dissatisfaction with modern economic education over the years has been deafeningly ripening at universities around the world. Finally, this discontent broke out. The media reported on an unprecedented event: at…

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PAIRING BODIES: Entrepreneur Philippe Mundi spoke about what qualities to look for in a business partner
I opened the company alone, with a friend with whom we no longer communicate, with my future wife, brother and strangers, who later became close friends to me. Let the…

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BEYOND THE EIGHT PARTIES
How the instability and fluidity of the world can make you invulnerable. “The world is changing,” I muse, starting to write this article. The world is changing, or rather, has…

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