small business business
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
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