One hundred thousand letters: how a self-employed copywriter earns money
Julia Shmuklerevich decided that enough was enough for her, and from a bank manager turned into a copywriter. She did not study at any paid courses, but this did not…

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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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31 WAY TO SHOW EMPLOYEES THAT YOU APPRECIATE THEM
It is important for employees to know what they are valued for, both for professional achievements and personal qualities. Recognition of achievements really pays off, increases productivity by up to…

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already understandable

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Elimination of minority shareholders in LLC: how to do and how to prevent

LLC is the most common form of legal entities in Russia. This is a kind of intermediate type of participation in entrepreneurial activity between the association of only capital (joint-stock companies) and the association of personal, primarily labor, participation (for example, a production cooperative). It is this feature that determines the rules for exclusion of a person from the membership of LLC, the presence of a number of special rules aimed at protecting his interests.

For example, without the consent of all participants, a company cannot be reorganized (for comparison, in joint-stock companies, in order to make such a decision, 75% of the votes of those participating in the meeting of shareholders must be collected). This protects the interests of all participants, primarily personal participation, taking into account personal opinions, regardless of their share in the authorized capital. Continue reading

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

We fix the agreement of the owners to exit the business and sell it to third parties

Any questions regarding the conditions for participating in the business, including the possibility of leaving the business, selling a share or a business as a whole, should be discussed at the stage of creation and active development of the business, until everyone is inspired and does not think about possible difficulties.

At the same time, it is important that all, even the most non-standard arrangements of partners, be settled as much as possible, taking into account the real tools and capabilities of the current legislation. This will help to avoid future unexpected scenarios of relations.

Today is another case from our practice to illustrate how you can formalize the fantasy vision of business owners regarding a possible way out of it. Continue reading

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“WHEN BUSINESS STARTED TO MAKE INCOME, I BEGAN TO LOSE MONEY. AND LOAN IN THE DEBTS »
Learning from the mistakes of others is much nicer than from your own. Especially when the price of a business error is high. True, not every successful person is ready…

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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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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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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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