Limited liability company is a popular business tool.
Within the limits of their shares, LLC participants will receive dividends and bear the risk of losses. Consequently, the participants of the company risk only that they contributed to the…

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How to preserve the eternal business youth
If you have a goal and a positive outlook on the world, then there is something to strive for. Written by Richard Branson, the book stands apart among other biographies…

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Everyone has their own path to entrepreneurship
In recent years, I have been asked many times: Is it possible to learn entrepreneurship or need to be born with it? Why and how do people get infected by…

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clear demonstration

How not to become a “landed passenger” in the financial market

Rule 1: limit your losses
Always put the “foot”. Translated from trading to a common language, this means that in any transaction, even before you do something, you must determine the maximum amount of loss. Even if you buy some stock or another asset (well, for example, gold) with investment objectives for a long term (5-10 years), then you still have to say to yourself: if this share or asset depreciates by more than 20 ( 30 or 50) percent, then you take and sell it and thus fix your loss. And here there is a very strict rule: the first “stop” is the most correct one. And so you can not expose the foot. How it works? Very simple. Continue reading

“The purse of administrative personnel”

Now we will deal with the administrative and managerial personnel (AUP). I note only that the word “managerial” is sometimes incorrectly interpreted. Many mistakenly believe that these are personnel managers. There are, of course, in the AUP cohort and such, but still a large part controls the processes – logistic, marketing, financial, etc. Continue reading

“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

Everyone has their own path to entrepreneurship
In recent years, I have been asked many times: Is it possible to learn entrepreneurship or need to be born with it? Why and how do people get infected by…

...

How to preserve the eternal business youth
If you have a goal and a positive outlook on the world, then there is something to strive for. Written by Richard Branson, the book stands apart among other biographies…

...