Let's break it down into ions: writing off perishable food
The life cycle of a perishable can be from several hours to several years, but the shorter it is, the higher the risk of write-offs, so management must be clearly…

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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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Mistakes and risks of financing in the group of companies
You may already be familiar with our analytics on allegations of artificial business splitting, which covered all tax arbitration disputes in the context of "business splitting" in a complete manner.…

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5 ways to make your business financially sustainable
The financial strength of a business - like that girl from the 2000s memes - is hard to find and easy to lose. Especially if you don’t know what indicators…

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the company

3 business analysis questions

Planning is the foundation of any business. Individual planned indicators or industry averages can be used as base ones. To understand whether the intermediate, final performance indicators for the reporting period correspond to these indicators, business analysis allows. Its results are taken into account when making managerial decisions.

Business analysis allows you to identify white spots in the conduct and  or accounting of financial and economic activities. He also solves the problem of finding reserves to eliminate errors and implement new projects. In addition, timely analytics contributes to effective financial result planning. Continue reading

The third rule for building a group of companies without signs of artificial fragmentation.

Let’s turn to business process notation again. Earlier we decided on the inputs, the activity itself, and the outputs (goals). However, in arbitration practice on artificial fragmentation of a business, there are several criteria at once for charges related to management and ownership. Rule # 3 is about management and owners.

What’s wrong here:

in order to avoid interdependence between the companies of the group, so-called proxies are introduced into the ownership structure – nominal, that is, they do not really participate in business processes, packaged in a specific legal entity. Continue reading

How to get through the off-season without cash gaps

In the spring and summer, the company had strong sales, and in late autumn, winter and early spring it had to take out loans and overdrafts. They figured out how to fix it, and in just three months they assembled an airbag for six months.

Our hero company is a manufacturing and construction business. Demand directly depends on the work of construction sites, therefore, as soon as they start active work, the company starts earning. And when the construction site freezes, the company takes loans and credits. This went on for 7 years – during the idle period, the company took loans, and then in the season paid them and interest. Continue reading

Direct and indirect costs or why it is impossible to count net profit by line of business
In companies with several divisions and branches, it is difficult to calculate the profit of each. You can subtract all expenses from all income and get some value. But this…

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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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Auditor VS Management company: when which instrument to choose
Let us recall that in addition to the general meeting of its members, the board of directors and the director, the structure of the company's management bodies can include the…

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