Break even
I will begin today's conversation, it would seem, from a completely different, but, believe me, very important point. Many mistakes are made by both beginner and existing entrepreneurs when planning…

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Royalty payments in a group of companies - to whom and how much
Imagine a common situation: a trademark is registered in the ownership of one company or individual entrepreneur, and another uses it. In other words, it is necessary to formalize the…

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"Effective credit policy of the enterprise"
Why is there a need for an effective credit policy? Due to the high level of competition in the food market, the situation is such that, in order to increase…

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revenue

“Effective credit policy of the enterprise”

Why is there a need for an effective credit policy?
Due to the high level of competition in the food market, the situation is such that, in order to increase the attractiveness of their products, enterprises are forced to lend to wholesale operators, and those, in turn, are retail stores. As a result, a significant part of the company’s current assets is always concentrated in accounts receivable for work, goods, and services.
Enterprises have to increase accounts receivable in order to achieve their economic goals, which can be expressed using the absolute financial indicator – “Net profit” and the relative indicator – ROCE (return on capital employed – return on working capital). Both indicators characterize the effectiveness of the enterprise, which is expressed in the fact that the organization “does what it needs to do properly”. Continue reading

First steps to own business: instruction
What do you need to start your own business? Successful business idea, certain investments and desire to work. But that's not all. There are several important legal points that you…

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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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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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BUSINESS ISTIN FROM FOUNDER IKEA
IKEA is a Scandinavian company that, over more than 75 years of existence, has changed not only the retail world, but also the approach to the lives of millions of…

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