Turnover or why fast business equals rich business
Business is a money-making box. You put capital in there, scroll and get some kind of profit at the exit. Accordingly, the more often you spin capital in a business…

Continue reading →

Control of operations with cash and property
The institution of mandatory control over transactions with money and other property is one of the basic elements of the functioning of the Russian system for countering the legalization and…

Continue reading →

Important changes for cardholders
Increased control over card transactions Even in that year, it became known about the amendments to the 115th law. Now banks are required to report to Rosfinmonitoring on the following…

Continue reading →

8 reasons why a business is losing money out of the blue
When we start working with financial accounting in companies, the first thing we do is collect basic reports. Thus, we digitize the company. And thanks to this digitization, it is…

...

Management company for business: opportunities, options and risks
The inclusion of a management company in the legal business model is a common phenomenon. As a rule, the management staff of a business is one and it is impossible…

...

bring

When you can’t do without an agency agreement

We have repeatedly talked about the pros and cons of an agency agreement (see, for example, here), pointing out the need for a deliberate approach to the use of the tool, having a strong justification for the business purpose. Indeed, as practice shows, the use of the agency model of building relationships in a group of companies is mentioned in more than 10% of all cases related to the artificial fragmentation of a business.

However, there are situations when the specifics of doing business and the industry do not leave a chance to avoid an agency agreement. Continue reading

7 financial risks in business that can be worth millions

There are always risks in business, and there are many of them. Some cannot be influenced, for example, if the summer in the region turned out to be dry, agribusiness will not be able to do anything about it: the peas will dry up, the rye will not be born. But there are risks that can and should be influenced – these are financial ones.

Financial risks are all situations in which a company can lose money for various reasons: due to the carelessness of the owner, dishonesty of the supplier, buyer, or errors in the currency agreement. Continue reading

8 reasons why a business is losing money out of the blue

When we start working with financial accounting in companies, the first thing we do is collect basic reports. Thus, we digitize the company. And thanks to this digitization, it is almost always possible to find a serious leak of money, or even more than one.

In this article, we will tell you where business money most often flows. We suggest that you check if your company has such “leaks” and, if so, eliminate them as soon as possible. Continue reading

When you can't do without an agency agreement
We have repeatedly talked about the pros and cons of an agency agreement (see, for example, here), pointing out the need for a deliberate approach to the use of the…

...

Transport services in the Group of Companies
In the issues of our mailing list, we have repeatedly written about the separation of the company - Custodian of Assets in order to protect the significant property of the…

...

Operating leverage: what happens to profit margins if revenues fall. And if it grows up?
Usually business owners are interested in two interrelated indicators: revenue and profit. Revenue shows how much the company earned, and profit shows how much is left after deducting expenses. Most…

...