Singapore Business Benefits: Understanding the Basics
You have probably already heard that the business in Singapore is extremely profitable. Among the main reasons, a favorable investment climate, humane taxation, state support programs for companies and easy…

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We consolidate the interests of investors and managers
Legal “packaging” of new projects always consists in selecting a balanced set of tools: choosing the right organizational form of the company, contracts, working out the fundamental conditions of constituent…

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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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we know the estimated

12 errors in working with spreadsheets, resulting in catastrophic losses

A ranking of the largest errors in working with spreadsheets has been compiled, because of which companies suffered huge losses. The list includes both financial institutions and private enterprises from various fields, as well as two educational institutions and one spy agency.

No one is safe from mistakes
A list of errors has been published in modern spreadsheets that caused the most damage to the organizations to which they belonged. According to Oracle, which compiled this rating, multimillion-dollar losses can cause one single mistake made in a multi-page document – even the absence of just one “minus” or an extra zero can lead to very serious consequences for both business and the “author “Errors. Continue reading

Five wallets.

Structural and analytical management method (continued)

So, we said that at the start of a business, while the revenue side is still not too large, current expenses usually exceed 20% and can reach 1/3. But by no means no more! Then, as revenue increases, the share of current expenses decreases and in some cases it can be 10%, which I have met in my practice, but very rarely. Most often, a stable business has a structural value of current expenses of 12.5-15%. And we settled on the fact that in this situation, there is very little left for development, with the desired share? of this wallet at 20%, we can afford only about 7% or 1/15 of the created value.

This, of course, is not enough. With this wallet size, we will return our investment 10-15 years. And this is the prerogative of large business and large investment projects. In a small business, the invested funds must pay off in no more than three years. Otherwise, the project should be recognized as ineffective and abandoned. A lot of entrepreneurial undertakings fell apart precisely because of neglect of this requirement (payback period). So what can you do to make the project pay off in a short period of time if there are not enough funds in your wallet? Continue reading

Salary, personal income tax
It is clear that in the total wage that the employee receives “on hand”, there is some basic basis, let us call it the salary necessary for a person to…

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NOT WAY: 6 WAYS TO RECOGNIZE THE BAD BUSINESS PARTNERS
The start of a startup is often a feeling of euphoria and pink glasses. In relation to the business partner, a kind of love arises, together you seem to yourself…

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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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Features of bankruptcy of individuals
Initially, the law was supposed to enter into force on January 1, 2016, but the deputies decided to begin regulating the personal bankruptcy procedure on July 1, 2015. However, many…

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