Coffee is not only tasty, but also profitable
The Endorfin team has remained stable all these four years: the three founders of the company continue to develop their business, chief barista Anna develops new tastes and trains staff.…

Continue reading →

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…

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…

Continue reading →

means that participating

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 and daring managers. Often, to create additional motivation, this process is accompanied by the allocation of managers stakes in the company.

From the point of view of increasing the involvement and interest of a manager in a business, this is certainly the right step. However, trusting hired directors to resolve operational issues, it is necessary to retain the ability at any time to reverse the transfer of authority and ownership. After all, no one guarantees that having received a share in the business, the new co-owner will not decide to go to work somewhere else.

We show by a real example how the dependence of ownership of shares on the fulfillment of an employee’s labor function in one of our projects was ensured. Important: inclusion in co-owners was due to participation in management. Accordingly, when an employee is dismissed from the company, there must be grounds for depriving him of his share. Continue reading

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…

...

Finance and wallet
Today on TV you can often hear the phrase: "You need to live within our means!" In other words, you can’t spend more than you earn. This phrase is uttered…

...

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…

...

“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…

...