Synchronization of management and financial accounting
In the past few years, more and more financial directors have been thinking about the issue of transferring management accounting and reporting of their enterprise to IFRS or at least…

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HOW TO BUILD A FINANCIAL BRIDGE IN CIVILIZATION
Strange creatures are people ... They always want what is inaccessible. And when at last there is an opportunity to get what you want, interest instantly fades away and it…

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Voice Marketing: The Psychology of Solving Marketing Tasks
A person always draws a psychological portrait of someone with whom he is involved in communication. This portrait is created from a wealth of data. A voice can tell a…

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Buying securities on credit in five examples

Not only houses, cars and other durable goods are bought on credit. Securities are also bought on credit. They are also expensive, and lending is a natural means of competition between sellers of securities. What motivates investors to buy securities on credit and pay interest? This is done in the expectation that the value of securities will grow faster than the interest on the loan. If lending is so profitable, then why not everyone and not always do it?

Not only houses, cars and other durable goods are bought on credit. Securities are also bought on credit. They are also expensive, and lending is a natural means of competition between sellers of securities. The market only becomes civilized when the buyer can take a cash loan on the security of his purchase, and the seller can borrow securities if he does not have his own or does not want to part with them. Continue reading

How to reduce salary costs in a small business.

Labor productivity.
As I already wrote, you can use both direct and reverse indicators of labor intensity. But many businesses instead of these indicators use a direct indicator – labor productivity and this is limited. In most cases, this may be sufficient. But to assess the impact of salary costs on the overall performance of small businesses, this indicator alone is not enough, and relative indicators should be used.

Labor productivity is a very important indicator. It can be determined for each employee of the business, and for its units. In a small business, for simplicity, you can use the average labor productivity of a small business as a whole. It is defined as the ratio of the cost of production produced over a certain period of time by the business to the number of workers producing it. Those. it is determined how much production in monetary terms each small business employee produces, for example, for a month (or for another period of time). By comparing these indicators, for example, on a monthly basis, you can track whether business workers are working better or worse. Continue reading

Ways to improve the efficiency of small businesses.

I want to repeat this already repeatedly, that all the funds saved from improving the efficiency of all components of the production process will replenish your profits. Therefore, you should use all possible ways to improve the efficiency of your business.

It should also be said about the interconnectedness of many factors of cost reduction among themselves. For example, increasing the number of parts manufactured at one time, we reduce the complexity and get the opportunity to reduce the price of the material. Or by modernizing the technological process and getting rid of some equipment, we, making a profit from the sale of equipment, reduce energy consumption. Continue reading

HOW TO BUILD A FINANCIAL BRIDGE IN CIVILIZATION
Strange creatures are people ... They always want what is inaccessible. And when at last there is an opportunity to get what you want, interest instantly fades away and it…

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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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Economic Crimes
Economic crimes are part of mercenary crime directly related to economic relations in the country and in the world. Understanding of this group of acts is even more uncertain than…

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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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