Monthly Archives: April 2019
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
Break even
Crisis for business
Talking even with very advanced businessmen, do not tell them that a company with a professionally built structure is able to work so autonomously that the manager does not have any objective excuses for falling statistics. They will not understand you, as they are accustomed to excuses from others, and some of them themselves believed in these excuses. And touching on this topic, you can cause an emotional outburst on the topic “I am a victim of circumstances.” Continue reading
How to pay off debts
Financial Management Technology
I am familiar with this topic too well. Closer than I would like. Fortunately, I got acquainted with the technology in time, which I set out below, so now I not only have no debts, but I can be considered a fairly wealthy person. Continue reading
