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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Using the “80 to 20” Principle in Business
Almost everyone in his personal life and business spends time, energy and money on things that are indirectly related to our happiness and values ​​for others. Learn to attach importance…

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Classification of methods of exposure to humans
In an organization between employees, not only interaction, communication, but also a process of employees' influence on each other occurs. Management of changes in the organization is faced with the…

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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

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 work for hire, because some people do not have an entrepreneurial spirit. And although, according to Langer-Kroager, you can develop entrepreneurial qualities in yourself, but business is something that “you cannot help but do.”
Langer-Kroager identified eight signs, from a willingness to take risks to an approach to personal finances, which suggests that you are probably better off staying in your current job – at least for now.

1. You are not very willing to take risks 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

Improving financial literacy of the population: international experience and Russian practice
The financial aspect affects almost all spheres of life of a modern person. Financial literacy provides an opportunity to manage your financial well-being. The lack of basic financial knowledge and…

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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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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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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…

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