What does a business work for and where is the main limitation of profit in retail?
Before we talk about what needs to be done to better manage retail inventory, let's agree on a common understanding of the purpose of any business. Not just retail, but…

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As a businessman to leave the operating system and not engage in micromanagement
The rules of how a businessman to stop doing stupid OSes, and to make a much more valuable contribution to the development of his business, have been known since 1951.…

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Budgeting as a financial planning tool
Many are in a state of insolvency of the enterprise. Some people know this very well (even sometimes, too well). Some do not know about their condition, and this is…

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said something to them

How business becomes like a bicycle

You may have come across a situation where business is conducted in the conditions of permanent loans and credits. This is such a bike: while you pedal – you go as soon as you release the pedals – you move by inertia for a while, but then you fall on your side.

I first encountered this situation in a distribution company where I was a director. Then we did not have enough money for the “turnover”. When we began to analyze our expenses, we saw that we spend their lion’s share: a) on the salaries of our employees and b) on the repayment of loans. And it turned out to be a heavy burden, because every month — take it out and put it — we have to pay people salaries, and also interest and a body on the loan. Continue reading

Great ideas for business
Who can deny that Richard Branson, Steve Jobs, Mark Zuckerberg or Bill Gates had great ideas that helped solve problems and made people's lives easier and more enjoyable? In business,…

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What does a business work for and where is the main limitation of profit in retail?
Before we talk about what needs to be done to better manage retail inventory, let's agree on a common understanding of the purpose of any business. Not just retail, but…

...

Budgeting as a financial planning tool
Many are in a state of insolvency of the enterprise. Some people know this very well (even sometimes, too well). Some do not know about their condition, and this is…

...

Perspective business areas
By providing services to hundreds of businessmen, I made some observations as to where to direct the feet to the aspiring beginner businessman. Also, information on new areas of business…

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