Profit by line of business
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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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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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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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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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…

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every month

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 standard, provided for by order of the Ministry of Economic Development of the Russian Federation of 08/04/2020 No. 497 and the MFC employees will help to fill it out, therefore, all kinds of help from intermediaries in this matter is excluded. The procedure is quite simple and does not require special legal knowledge. Another plus is, of course, the timing. Only six months and no extension. Continue reading →

Posted in but the shorter, consider how, every month, fitness classes, other enforcement proceedings, return of the writ

Fitness tax deduction

All citizens who are actively (and not very) involved in fitness and sports now have the opportunity to return part of the money for paid classes. The thing is that the President signed a new law “on the tax deduction for fitness”.

In this article I will tell you how it works, what kind of “discount” you can count on, who can get it and how to apply.

Table of contents: Continue reading →

Posted in business depending, consider how, every month, fitness classes, loss statement, making a deduction
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Inheritance of shares in LLC
Shares in an LLC are inherited in the standard manner, like other property, including by will, inheritance contract. At the same time, partners often discuss what rights the heirs will…

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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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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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