colorful expression
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
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 can be useful to an investor who is lazy (or reluctantly) invests money in promising areas of small business – from the production of ravioli to real estate.
So where is the treasure buried? Continue reading
The best system of staff remuneration
In this article I want to talk about the best of my known wage systems. For many years I was an opponent of the salary system and advocated people being paid for piecework. Fixed payment affects employees like vodka on an alcoholic: always desirable and most destructive. Continue reading
