Integration of company goals with budgeting
As a budget planning tool, managers can anticipate possible problems in the development of a company or business and find ways to solve them. These trends should be predicted in…

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Integration of company goals with budgeting
As a budget planning tool, managers can anticipate possible problems in the development of a company or business and find ways to solve them. These trends should be predicted in…

Continue reading →

General algorithm for work to reduce costs
This algorithm is universal regardless of whether the cost reduction is carried out as a one-time project or as a regular process; the difference will be in the intricacies of…

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without thinking

Favorable loan – how to get a loan and not lose money.

To begin, I would like to return to the definition of a bank loan. The simplest, and most common definition, loan is the amount of money borrowed by the borrower. Well, a profitable loan is either a sum of money borrowed, or property or funds acquired for this amount, begin to work for the borrower and bring him profit.

And before making a decision on a loan, a businessman must determine whether he is profitable or not. Profitable loan must meet certain conditions. Consider these conditions.

A profitable loan should have a clear purpose.
I already wrote, and I want to repeat again. A loan should be taken only when there is a clear plan for its use, there is an idea what effect will be from the investment of credit money. 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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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…

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PAIRING BODIES: Entrepreneur Philippe Mundi spoke about what qualities to look for in a business partner
I opened the company alone, with a friend with whom we no longer communicate, with my future wife, brother and strangers, who later became close friends to me. Let the…

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How to reduce salary costs in a small business.
Labor productivity. As I already wrote, you can use both direct and reverse indicators of labor intensity. But many businesses instead of these indicators use a direct indicator - labor…

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