afraid to start small
Finance and their romances
Did you, as the owner (or owner) of a business, suddenly find out that “by tomorrow” you need to pay a large amount of money (hundreds or even thousands of dollars) to the budget – tax or even fines – simply because of an accounting error? Money that was completely legal could not pay, whether all “held” exactly and correctly.
In fairness, in order not to make the accountant “extreme”, tell me, was it ever that the accountant did not have the opportunity to carry out all the documents, because by someone else they were not executed on time or were made with errors? Continue reading
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
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
