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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Purchasing link in a group of companies: is it necessary?
At a time when it was impossible to be 100% sure that suppliers were honest, that they would fulfill their tax obligations and not “disappear” by the time of the…

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"Organizational Diagnostics as a method of healing the company "...
Often the work of consultants in the organization of the customer resembles the notorious doctor’s appointment, when a patient “diagnosed with medical issues” who has made his own diagnosis, requires…

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each of which contributes

Practical aspects of accounting for business combinations in the fuel and energy sector

A contribution is any economic resource that creates or can create returns as a result of applying one or more processes.A process is any system, standard, protocol, agreement or rule that, when applied to a deposit or deposits, creates or can produce returns.

Return – the result of contributions and processes applied to such deposits that provide or are able to provide income in the form of dividends, cost savings or other economic benefits directly to investors or other owners, members or participants.

Given the fact that the acquisition of a business and a group of individual assets is reflected in the statements differently, it is important to understand how the first differs from the second. Such an analysis is based on the three components of a business in terms of IFRS 3 Business Combinations, which is why if a company is able to demonstrate contributions, processes and returns, then, as a rule, there is a business as such. Continue reading

What is offshore, onshore and midshore?

If you have ever created a business on your own, from the zero cycle, then you probably took into account the different possibilities for the place of registration. This usually happens at the place of registration of the founders of a new company. But imagine that you are from different areas, cities or even countries ….
How to choose a specific place of registration, where your business project will be happy, it will feel comfortable, and where is it simply profitable to conduct business? Continue reading

Purchasing link in a group of companies: is it necessary?

At a time when it was impossible to be 100% sure that suppliers were honest, that they would fulfill their tax obligations and not “disappear” by the time of the next field tax audit, it was very common to include “your” buffer in the group of companies, which pursued the main goal – not to allow the issues of relations with suppliers to the main operational link, whether it is the Plant or the Wholesale company.

We offer to understand how relevant this task is in the current realities, as well as in what other cases the “Purchase” link will take root in the group of companies. Continue reading

10 applications for those who manage the business: planners, audio books, finance
This application is different from the usual WhatsApp messenger and is designed specifically for entrepreneurs. Here you can add account information, work email address or your store address. To communicate…

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What debts are not written off in the bankruptcy of an individual
We hope that today business owners have no illusions that they are liable for the obligations of their company only to the extent of their contribution to its authorized capital.…

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We include employees in co-owners - how not to harm yourself?
Sooner or later, any business is faced with the need to change its operational manager. The founding owners eventually move away from solving current issues, giving way to hired, young…

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“CREATING A BUSINESS, WE EVEN DID NOT IMPOSE WHAT HE WILL BECOME AN POLIGON FOR INNOVATION”
Ukrainian companies "Nova Posta" this year will be 18 years old. During this time, they have grown so that their main competitor is called not the state Ukrposhta, but the…

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