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About running rabbit
“I can not afford a week of vacation – the company immediately loses important contracts and is late with deliveries to the main customers.” “I can’t bring the company to the international level – in our country this is now impossible.” “My employees don’t know anything, we have to work with them.” What do all these cases have in common? The fact that the business owner himself acts as a stopper for the development of his own company.
Maxim is the owner of a large company with 234 employees and three large offices. He built the business himself, growing it from a small company into several workers, which were inherited. Having successfully coped with financial crises, Maxim reached a stable level of orders for existence. However, he could not say that he was satisfied with his business. On the contrary, every year he sank deeper into despair and felt driven into a dead corner. Continue reading
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 clear that it is not worth talking about it in detail. In addition, I already wrote about profit in several articles, but have not yet written about it in detail. But profit is the main criterion for a successful business. There is profit – the business exists, there is no profit, and the business quickly disappears.
But thinking, I realized that the reader is right. A story about efficiency will not be complete without fundamental definitions of profit. And further, scheduled for writing, articles on the economy of small business will always be based on the concepts of profit. Therefore, although belatedly, this article appeared. Continue reading