Founder of the automobile holding Almaz Group, about 6 myths of the automotive industry, its future and the life of retailers
Even after 25 years in the auto business, I try to look at the world with wide eyes. Change has become the essence of our lives, so we need to…

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Business Optimization Based on Potential Assessment
Business - activity, the result of which is effectiveness and efficiency. Effectiveness - achieving goals in the external environment, obtaining market, financial, social results. It is expressed in revenue, income,…

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Distribution and production relations
As relations almost identical to non-existent relations of ownership of shared means of production, the communist theory considers production relations, which, therefore, also have a significant impact on the distribution…

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profitability

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 governance issues, especially the composition of the board of directors. This will help to give out cards in your favor before any subsequent rounds of financing, when investors show interest. If you do not think about the issue of corporate governance in advance, this can be detrimental. Having lost control of the board of directors, you can hardly restore it.
Fortunately, founders can rely on several legal strategies to maintain control over their advice and companies. The extent to which they will apply these strategies will depend on their familiarity with them and on their use in fundraising negotiations. 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 articles on small business performance, I began to receive letters from my readers asking them to explain the difference between business performance and profitability. And in general, talk about profitability – what kind of concept it is, how it is determined, etc.

What is profitability.
Basically, these are letters from those businessmen who came across lenders or investors. And one of the very first questions they were asked was the question of the profitability of their business. But not only for the sake of lenders, it is necessary to have elementary concepts of profitability. Profitability is one of the main indicators of business performance, which illustrates the effectiveness of all, without exception, business costs, the effectiveness of all its activities. Continue reading

The concept and tools for assessing the value of money over time
Financial management requires the constant implementation of various calculations related to cash flows in different periods of time. The key role in these calculations is played by the time value…

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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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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…

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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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