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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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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NEVER BE ALONE: MAIN RULES BUSINESS NETWORKING
Business conference. A lot of people in business suits. Everyone exchanges business cards and “shoots” their eyes on the sides in search of “large fish”. Surely such a picture appears…

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sincerely convinced

“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 you are not alone. I asked this question to many entrepreneurs, economists and “personnel managers” and at best I received the answer that the company’s expenses on the salaries of all personnel should not exceed …

I will not voice the answers, because “some in the forest, some for firewood.” Firstly, there is no common understanding of which indicator to use in calculations. Someone considers “from revenue”, someone “from cost”, and someone “from profit”. Secondly, most entrepreneurs accept workers and accordingly pay wages based on needs (in their opinion), and not business opportunities.

In practice, it looks something like this. I have (the entrepreneur thinks) so many cars, machine tools, and other assets, so I need to hire so many people of such and such professions. I also need an accountant (lawyer, marketer, advertiser, etc.), because without them this, this and that will not be done. Yes, I completely forgot – I need a secretary, otherwise the business will not look solid. 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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FINNEXT 2019: TOP INNOVATION IN RETAIL, FINANCE AND REAL ESTATE
Emology = People + Technology Technological effectiveness today gives way to humanity. In the world of financial services, the winner is the one who has acquired technological trends, provided users…

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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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NEVER BE ALONE: MAIN RULES BUSINESS NETWORKING
Business conference. A lot of people in business suits. Everyone exchanges business cards and “shoots” their eyes on the sides in search of “large fish”. Surely such a picture appears…

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