How do I get multiple deductions in one year?
Let us remind you that the tax deduction gives you the right to return the income tax previously paid to the budget or reduce the tax payable. You can get…

Continue reading →

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…

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…

Continue reading →

Convertible loan as an investment tool
Тtraditionally, investment transactions are realized through ordinary loans or direct investments (creation of a joint venture or purchase of a stake in an existing company). Today we will consider a…

...

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…

...

business development

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 is needed, how it is arranged, how to conduct it and how to use it.

What is OPiU
The Profit and Loss Statement (OPI) is a table that reflects the revenue of a business and the expenses it incurred to earn it. The difference between them is profit or, if it has a negative value, loss. Continue reading

Convertible loan as an investment tool

Тtraditionally, investment transactions are realized through ordinary loans or direct investments (creation of a joint venture or purchase of a stake in an existing company). Today we will consider a difficult but interesting investment instrument – a convertible loan.

Briefly refresh what tasks classical instruments solve
Loans are used when a company (borrower) needs to finance short-term or long-term projects, and an investor (lender) wants to capitalize on this by claiming interest income. Neither the borrower nor the lender is interested in building strong corporate relationships. Continue reading

Cancellation of imposed insurance
The problem with the imposition of insurance on citizens has been taking place for more than a year. Anyone who has ever had to take a loan knows that the…

...

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…

...

How to get a tax deduction
Mortgages are now in great demand and many banks offer borrowers different conditions. It often happens that you take a mortgage at one percent, then time passes and another bank…

...