When you need to take a loan to small business.
To take out a loan in the fire order to pay off financial problems, even if it succeeds, as a rule, does not solve financial problems, but only exacerbates them.…

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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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A reliable business plan for dummies
We are thinking Do you already know what kind of business you want to do, who is the consumer of your product or service and how will you sell them?…

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economic power

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 make mistakes. Therefore, bottlenecks are important to identify and correct in time.

Usually, the company faces the question: how to make the budget management system (SBU) as efficient as possible? To do this, it is necessary to find out what the budget management system is, what is its purpose and the conditions for successful functioning. A systematic approach to this issue will help to avoid many errors in the formulation and improvement of the SBU in the company.

Typical mistakes made at enterprises when budgeting can be divided into: Continue reading

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 self-serving crime itself. Nevertheless, these crimes are considered in many countries as a relatively independent group. And there are many reasons for this – economic, social, criminological and even political.

The criminological significance and volumes of economic crime do not coincide in countries with command and market economies, but in any society it cannot be ignored. Continue reading

CONTROL PACKAGE: how to maintain control over the board of directors and why it is important
For you, as a founder, it is of utmost importance to maintain control of the company. Therefore, it is extremely important at an early stage to pay attention to corporate…

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Financing risks in theory and practice
When deciding on raising funds, the financial director should take into account what the bulk of the company's fixed costs are connected with and what is the situation with interest…

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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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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…

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