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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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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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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small business business

COLLECTIVE CONSCIOUSNESS: about the eBay founder’s foundation

How impact investments, venture philanthropy and flexible capital change the world, says Elena Boytsun, Investment Director, Central and Eastern Europe, Omidyar Group.

Four years ago, I had a unique opportunity to become an impact investor, starting work in one of the most famous world companies in this field. The Omidyar Network, a philanthropic investment company of Pierre Omidyar, founder of eBay, had already invested more than $ 1 billion in various projects, companies and non-profit organizations around the world.

My task was to structure the activities, business models and portfolios in Central and Eastern Europe for the fund. Having plunged deeply into this sphere, I understand more and more that the region’s financial system needs transformation of the post-Soviet countries financial system towards flexible capital, and impact investments and venture philanthropy are the most logical tools for this. 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

What makes us feel good about work?
What motivates you to work? Contrary to popular belief, this is not only money. But it is not only pleasure. It seems that most of us are thriving, constantly moving…

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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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Free Business Game "Your Start" - Entrepreneurship Course
According to Edgar Dale's learning cone, the most effective learning is to simulate or perform a real action. It gives 90% of the result, compared, for example, with lectures, videos…

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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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