The first rule of building a group of companies without signs of artificial fragmentation
Let's remember what we know about business processes? They have a beginning and an end, that is, they have boundaries in time. There is an “exit”, to which a unique…

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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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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…

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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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When you can't do without an agency agreement
We have repeatedly talked about the pros and cons of an agency agreement (see, for example, here), pointing out the need for a deliberate approach to the use of the…

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more rare cases

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 will not be able to do anything about it: the peas will dry up, the rye will not be born. But there are risks that can and should be influenced – these are financial ones.

Financial risks are all situations in which a company can lose money for various reasons: due to the carelessness of the owner, dishonesty of the supplier, buyer, or errors in the currency agreement. 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 almost always possible to find a serious leak of money, or even more than one.

In this article, we will tell you where business money most often flows. We suggest that you check if your company has such “leaks” and, if so, eliminate them as soon as possible. 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

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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Not a single share ... And again about the motivation of top managers
Increasingly, we are faced with a request from business founders: we want to give top managers shares so that they receive a percentage of profits and are associated with the…

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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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