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…

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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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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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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 performing individual procedures at each stage of the algorithm. As practice shows, the most problematic is to collect information about business processes, since all other information is more or less available, although not always relevant.

The general algorithm for reducing costs in the company is the following sequence of work:

setting (clarification) of the goals and objectives of the project;
diagnostics of costs and identification of promising directions for their reduction;
activity diagnostics (business processes, losses, organizational structure, personnel);
analysis of activities in promising areas of cost reduction; Continue reading

What is small business profitability?
Profitability - this term is heard by almost every adult. But not everyone understands what this term means. Not even all businessmen can explain this term. After starting to publish…

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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…

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Credit Debt Masochism
Today, one of the main topics of all world media is the debt crisis that erupted in Europe. The absolute and relative values ​​of various types of debt (external, state,…

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EMPLOYMENT CENTER AT THE CORNER: 8 signs that you are not ready to start your own business
“Starting and running a business requires a lot of energy. This is very risky, ”says Rani Langer-Croager, co-founder of Uptima Business Bootcamp. There is nothing shameful that you prefer to…

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