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,…

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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…

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How to be confident in the existence of a market for your business idea
Do you have a great business idea to create a completely new product or service? Moreover, you have no doubt that this is exactly what people need today? And what…

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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

7 mistakes of the entrepreneur: who is to blame and what to do?
Why do some grow and others not? Why does small business remain small, and dreams of big business remain empty dreams? We have been observing entrepreneurs for many years and…

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8 mistakes on the road to wealth
You must understand that money not only never sleeps - they know neither fatigue nor holidays. Money requires attention and is always attracted to those and committed to someone who…

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One exact action. Lever arm
Man of great effort We appreciate only what we get by great efforts - this is what the Swiss businessman and writer Rolf Dobelli tells in his book “The Territory…

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How to raise capital for your startup
Entrepreneurship always involves taking considered risks, this is most obvious at the very beginning, when you are at the startup stage. By itself, entrepreneurship does not create a business and…

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