Out-of-court bankruptcy: what is it?
Free bankruptcy The fact that now it will be possible to go through the bankruptcy procedure completely free of charge. The application is made through the MFC, the form is…

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Most Effective Methods
Three main rules First of all, let's look at three rules that you need to keep in mind when looking for the right channel to promote your business. The cost…

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Most Effective Methods
Three main rules First of all, let's look at three rules that you need to keep in mind when looking for the right channel to promote your business. The cost…

Continue reading →

Tax-free transfer of property in business: which instrument to choose?
Why might a tax-free transfer of property be required? The change of ownership of property by concluding a sale and purchase agreement is recognized as a sale and entails the…

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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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coffee shop

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 approach is not entirely correct. Rather, it would be to understand the direct and indirect costs, calculate the gross profit and only in this way determine the efficiency of the business.

Why exactly and what all these parameters mean – we will consider in this article. Continue reading

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 is difficult to calculate how many such industries exist at all, given that most of them are, in fact, illegal.

How does microbusiness work? In the same way as any other: you register a business, be sure to do tax reporting according to the chosen system and do business on your own or with the help of employees. Continue reading

Types of cash flows: operating, investment, financial
You count the money at the end of the month and see that the expenses are more than the income, which means that it has gone into negative territory. I…

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Business inheritance using the Articles of Association and Corporate Agreement
Often, business growth is impossible without attracting partners in its individual areas / projects / companies. And relations with such partners must be pre-regulated and legally secured, which is guaranteed…

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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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