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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Russian offshore myths
What you need to know about offshore in order to protect your assets and increase them: we reveal the myths of offshore legislation and recommend what needs to be done…

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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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which is expressed

“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

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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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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Break even
I will begin today's conversation, it would seem, from a completely different, but, believe me, very important point. Many mistakes are made by both beginner and existing entrepreneurs when planning…

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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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