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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Sales management in an ERP system
The program implements commercial offers that allow you to record data on negotiations with customers to determine the composition of the nomenclatures and terms of sale. The order itself in…

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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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Internal IT: development and maintenance of software in the group of companies
Quite often, we see an “internal IT company” in the business structure, which performs a different range of functions - from developing on the 1C platform or writing proprietary warehouse…

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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…

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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

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…

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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…

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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…

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