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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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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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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consent of the people

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

Common mistakes made by managers

Question: “It seems to me that we have thought through the process of change to the smallest detail, but already at the first stages of the implementation of the plan we ran into serious problems …”

ERROR: Any change must begin with a diagnosis. This stage is essentially a starting point and is associated with an accurate determination of which change is necessary and desirable. That is why the actions taken at this stage need to be given sufficient time and attention. In many organizations, the diagnostic phase is often overlooked or done poorly, which almost guarantees the failure of subsequent stages of the process. The consequences of this approach are obvious: a planned change crashes and is not implemented, or leads to disastrous results. If this is the case in your situation, then it is most reasonable to return to the beginning of the process and properly diagnose. Continue reading

Common mistakes made by managers
Question: “It seems to me that we have thought through the process of change to the smallest detail, but already at the first stages of the implementation of the plan…

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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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Motivation problem
The problem of staff motivation is still popular, but is increasingly losing its relevance. The modern practice of personnel management increasingly connects the effectiveness of employees not with the psychological…

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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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