Fighting fear and greed in the financial market
Trading in the stock market is based on the interaction of three components: analysis, money management and the psychology of trading. The emotional component can both positively affect and lead…

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How to start the organization of the hotel business?
At the very beginning you should not run anywhere, make out papers and find out the cost of hotel equipment. It all starts with a concept. It needs to be…

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What attracts work in Israel?
The current youth is actively looking towards foreign countries, where phenomenal monetary incomes are offered. We are talking about quite understandable positions that exist in the CIS countries, but the…

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“Main Staff Wallet”

Where, after all, is the critical limit for wage costs, which is not recommended to pass? 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 “personalities” and, at best, I received the answer that the enterprise’s expenses on the wages of all the staff should not exceed …
I will not voice the answers, because “who is in the forest, who is on firewood.” Firstly, there is no single understanding of which indicator to make a start in calculations. Someone considers “from the proceeds”, someone “from the cost price”, and someone “from the profit”. Secondly, the majority of entrepreneurs take workers and, accordingly, pay wages on the basis of needs (in their opinion), and not business opportunities. Continue reading

Break even

I will begin today’s conversation, it would seem, from a completely different, but, believe me, a very important point. A lot of mistakes are made by both beginners and existing entrepreneurs when planning their business, when they ineptly try to use knowledge derived from academic textbooks in their calculations, and almost all textbooks on business planning and economic analysis have a section devoted to the so-called break-even point. business. The essence of it (section) is as follows. All expenses (textbooks “tell us”) are divided into variables and fixed costs. Continue reading

What happens to financial pyramids and how not to get there?
The most relevant today are the so-called HYIP projects. They differ from the classic financial pyramids in that they can not pay any money to depositors at any stage of…

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5 ideas for business in your garage
To open a business in modern conditions is both difficult and easy. One of the difficulties is that you need to look for suitable premises and pay expensive rentals. But…

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