What is microbusiness
Starting your own microbusiness is much easier than it sounds. Whether you are making jewelry by hand, printing something for sale or sewing, half the battle is already done. It…

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10 mistakes entrepreneurs make in purchasing
Procurement is not only participation in tenders, but also simply the purchase of goods necessary for a business. Purchasing departments or managers play an important role in a company's business…

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Profit and loss statement: how much your business earns
Every businessman wants to know his profit and manage it. A tool called the income statement (OPI) helps to calculate it correctly. We tell you what it is, why it…

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3 non-standard cases when a tuition deduction can "burn out"
The tuition deduction is one of the most common deductions for individuals. But this does not negate some cases, in the event of which the deduction for treatment may disappear.…

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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…

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litigation continues

Opportunities for mutual funds for financing in a group of companies

All this is really applicable to mutual funds. A mutual fund, as a tool, has unique properties. However, the high cost of “maintenance” due to the need to comply with a number of mandatory procedures makes mutual funds inaccessible and inappropriate for mass use.

Having rich experience in structuring a business using bold decisions and non-standard combinations of various organizational and legal forms, we will make a small remark – the effects achieved with the help of mutual funds are purely individual. Continue reading

Financial health of a business: 9 indicators for a check-up

It happens that a company looks successful, healthy and rich: every month it opens a new branch, hires two thousand employees and does not leave the front page of Forbes. But then – again, and bankruptcy. This happens when the owner looks only at the size of the company or turnover, and these are not the indicators that really reflect the financial health of the business. About those – in the article. 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 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

Preferential loans for legal entities and individual entrepreneurs
The state provides loans to businesses for resuming operations and for expenses related to the borrower's business activities. The funds issued are not earmarked; they can be used not only…

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Someone turned in a report for you: how scammers use business to their advantage
Some entrepreneurs outsource bookkeeping to professionals to keep records and submit reports. This is a normal situation. But sometimes reports are submitted by unknown people. This is an abnormal situation…

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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…

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