HOW TO CHOOSE THE BAKERY EQUIPMENT CORRECTLY
Bakery equipment According to Wikipedia, bread is one of the oldest products on the planet. There is evidence that bread was prepared during the Neolithic. Not surprisingly, bread is still…

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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…

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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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Uncategorized

“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

We fix the agreement of the Founder of the business and a third-party investor
The risks posed by the lack of proper regulation of relations between business owners have been devoted to more than one issue of our newsletter. As well as the methods…

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Surrender of dreams
My friend Svetlana is 53 years old. She became a small entrepreneur in 2007, when the President established a new professional holiday - Day of Russian Entrepreneurship. For 9 years…

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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…

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Panic Trees: Creative Resource Must Be Paid - How To Monetize A Provincial Brand
How can a designer evaluate himself correctly? What is wrong with the province and why is the demand for fashionable things a cultural issue? We asked about this from the…

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