Simplification of the business structure: 5 reasons for enlarging a group of companies and 6 reasons not to do this
Structuring a business is usually associated with an increase in the number of companies in a group. There are many reasons for this. There are even more solutions to isolate…

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Surrender of dreams
My friend Svetlana is 53 years old. She became a small entrepreneur in 2007, when the President established a new professional holiday - Day of Russian Entrepreneurship. For 9 years…

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I WAS IN BUSINESS BECAUSE…
Recently, we shared the main ideas of a video in which a successful American entrepreneur and blogger Patrick Beth-David talks about his mistakes in business. If you have not read…

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achievements of employees

HOW TO CREATE A SUCCESSFUL BUSINESS

Quite often, reflecting on the future field of activity, we do not think at all about those skills that are already given to us easily. Human psychology is such that business must necessarily be associated with overcoming difficulties.

However, in reality this is far from always the case. For example, provided that you will be engaged in a business that you love, which, in addition to income, also brings you pleasure. An affair that comes to you easily and without much coercion, which you often do in everyday life, perhaps even your hobby. So why not start making money on it?

What could it be? That which you own perfectly, so much that you do not even consider it a reason for pride. Why not stop discounting your skill. After all, most likely, you studied to acquire it, spent time and money on its improvement, maybe even refused yourself something in order to practice it once again. Continue reading

IDEA FOR BUSINESS: PERFUMERY STORE

A perfume shop is a sales outlet where perfumes, colognes, toilet water, etc. are sold. What needs to be done for an entrepreneur who has decided to create such a shop?

Shop concept selection
The most common formats for selling perfumes are trading through the counter or using self-service, as well as through an online store. The first option is suitable for small retail premises, the second for supermarkets, and the third option is suitable for any person who is interested in their own business. Just imagine how many people look for and buy perfumes on a daily basis. Without customers, you certainly will not stay. In addition, this type of business involves a huge number of brands and a chic lineup. For example, Dolce and Gabbana, Calvin Klein, the perfume of Kilian Hennessy, Hugo Boss and many others.

There is another kind of perfumery shops that sell bottling. This format is ideal for entrepreneurs with a small start-up capital. Continue reading

“Wallet of the main staff”

Where, nevertheless, is the critical boundary of wage costs, which is not recommended to be crossed over? If you do not have a ready answer, do not be discouraged, for you are not alone. I asked this question to many entrepreneurs, economists and “personnel managers” and at best I received the answer that the company’s expenses on the salaries of all personnel should not exceed …

I will not voice the answers, because “some in the forest, some for firewood.” Firstly, there is no common understanding of which indicator to use in calculations. Someone considers “from revenue”, someone “from cost”, and someone “from profit”. Secondly, most entrepreneurs accept workers and accordingly pay wages based on needs (in their opinion), and not business opportunities.

In practice, it looks something like this. I have (the entrepreneur thinks) so many cars, machine tools, and other assets, so I need to hire so many people of such and such professions. I also need an accountant (lawyer, marketer, advertiser, etc.), because without them this, this and that will not be done. Yes, I completely forgot – I need a secretary, otherwise the business will not look solid. Continue reading

MYSELF MBA: MAIN PRINCIPLES OF BUSINESS
Josh Kaufman worked at Procter & Gamble and was considering whether to go to business school to help his career. The prospects after receiving an MBA were vague, but student…

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Asset keeper - property basis of a business
Protecting the property complex of a business, along with ensuring tax security, is a fundamental task to be solved in the course of building a business model and structuring a…

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Asset keeper - property basis of a business
Protecting the property complex of a business, along with ensuring tax security, is a fundamental task to be solved in the course of building a business model and structuring a…

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FINNEXT 2019: TOP INNOVATION IN RETAIL, FINANCE AND REAL ESTATE
Emology = People + Technology Technological effectiveness today gives way to humanity. In the world of financial services, the winner is the one who has acquired technological trends, provided users…

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