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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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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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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incur costs to expand

The Great Crises: The Great Rise of the 1850s

The economic recovery of England had a beneficial effect on the countries of Europe. From the middle of 1849, the industry of Germany and France began to operate. At the end of the year, a general revival of trade began, which many bourgeois naively perceived as a result of the restoration of order. With the advent of 1850, the situation improved even more. A period of unprecedented economic growth began.

The textile industry was the first to enter the recovery phase, while the heavy industry experienced signs of recovery much later. The construction industry followed her. Accumulated inventories were eliminated. The fall in raw material prices has facilitated a reduction in production costs. Throughout the world, the crisis has brought down wages. In Europe and the USA, compared with England, industrial development could accelerate due to revolutions that changed social relations or a large influx of immigrants. Continue reading

Why and who needs financial analysis

Defining the boundaries of financial sustainability of enterprises is one of the most important problems in a market economy. Inadequate financial stability may lead to a lack of funds to finance current or investment activities, while excessive financial stability will impede development by increasing the terms of capital turnover and reducing profits. Justify the parameters of such sustainability allows financial analysis. It not only provides an opportunity to judge the situation of the enterprise at the moment, but also serves as the basis for developing strategic decisions that determine the prospects for the development of the company. Continue reading

The benefits of a loan for small businesses.
For a small business, there are several ways to determine the benefits of a loan. The easiest, but also the most approximate way. Rather, it’s not even a way, but…

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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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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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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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