Distribution and production relations
As relations almost identical to non-existent relations of ownership of shared means of production, the communist theory considers production relations, which, therefore, also have a significant impact on the distribution…

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Integrated Reporting - A New Reporting Model for Business
The concept of integrated reporting has recently occupied the first pages of professional publications in the world of accounting. The global financial crisis has revealed the need for a new…

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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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Financial leasing management

Financial leasing satisfies the need for the most scarce type of borrowed capital – a long-term loan. Fixed assets transferred to financial leasing are included in the fixed assets of the lessee. The main goal of managing financial leasing from the standpoint of attracting borrowed capital is to minimize the flow of payments for servicing each operation. The process of managing financial leasing in an enterprise is carried out in the following main stages.

Financial leasing (leasing) is a business operation that involves the lessor acquiring fixed assets by order of the lessee with further transfer to tenant for use for a period not exceeding the period of their full depreciation with the obligatory subsequent transfer of ownership of these fixed assets to the lessee. Financial leasing is considered as a type of financial loan. Fixed assets transferred to financial leasing are included in the fixed assets of the lessee. Continue reading

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 or reading. A game is an imitation of real activity. Business game Your Start is perhaps the only free online training in Russian on pumping entrepreneurial qualities and skills.

Free – does not mean free or low quality. The game, which is actually an entrepreneurship course, lasts 15 days. Meetings are held online in live mode. This is not a car workshop! The creator of the business course on Internet entrepreneurship, Your Start, a well-known serial entrepreneur – Evgeny Khodchenkov, himself, leads this game live. Eugene and his team have worked wonderfully creating this course and really follow their basic principle in business – do good for people, give it first, and only then get the opposite effect in the form of cash flow and positive emotions! Continue reading

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 heading of my note not mislead you – in fact, the ideal business partner does not exist. But you can find someone close to ideal if you choose carefully. The co-founder’s choice is similar to marriage (in my case, the partnership just ended) – if you do not fit each other, then parting is inevitable.

The relationship between the co-founders evokes a lot of emotions and is often tested for strength as the business grows. But they are worth it. I opened my first business alone – and you know what? I felt very lonely. I experienced all difficulties alone and I had no one to share the joy of victory with. So I firmly believe in the strength of the founding team. Continue reading

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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Technological innovation and manufacturing costs
In a modern market economy, the enterprise management environment should be the economic environment. This is due to the fact that the organization and the enterprise are economic categories that…

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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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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…

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