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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Synchronization of management and financial accounting
In the past few years, more and more financial directors have been thinking about the issue of transferring management accounting and reporting of their enterprise to IFRS or at least…

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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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one or two page

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

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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BEYOND THE EIGHT PARTIES
How the instability and fluidity of the world can make you invulnerable. “The world is changing,” I muse, starting to write this article. The world is changing, or rather, has…

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The crisis of modern economic education
Dissatisfaction with modern economic education over the years has been deafeningly ripening at universities around the world. Finally, this discontent broke out. The media reported on an unprecedented event: at…

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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…

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