8 Ways of cutting costs in a business

8 Ways of cutting costs in a business

01.12.2016 · Enterprise finance
As a rule, managers start to explore financial problems when a company doesn’t have enough money to pay the bills and the income becomes too small. This is the most common case when economists, managers are looking for ways of income increases. There are two methods to decide the problem. The first - finding ways of revenue growth and the second – cutting costs in a business. In this article we’ll show the second way, because it is more effective than the first one.

Features of money

30.11.2016 · Enterprise finance
Cash flow that characterizes the movement of money is linked with the features of financial system of the country. The flow of the money makes features in the commodity and money relations. That's why it is important to explore money features in macro and micro environment.
9 main cash flow characteristics

9 main cash flow characteristics

29.11.2016 · Enterprise finance
1. Cash flow is the object of financial management of the company. The process of cash flow shows the movement of the company. This relationship shows both internal and external company's monetary transactions. External relations are settlements with the budget, institutions, financial market partners. The internal attributes are the relationships with the structure of the company, shareholders, employees and others.
What is cash Flow?

What is cash Flow?

28.11.2016 · Enterprise finance
Cash flow is a set of revenues and expenditures expressed in cash and cash equivalents that are generated by the company in the process of its economic activity. A concept of cash flow is used in investment analysis to calculate such indicators of investments efficiency as NPV and IRR. This indicator is also very important when preparing business plans, forecasts or budgets.
Beekeeping bplan template

Beekeeping bplan template

28.11.2016 · Food manufacturing
Nowadays a positive dynamics of prices on honey and other products of bees vital activity is observed. Poor-quality honey at a low price is not of a great demand, so people are ready to pay more for a really high-quality product. Our market hasn't a perfect structure, thus the price for the quality honey will grow as well as for other products of bees vital activity. People are aware of useful features of honey and its positive influence on the human's health. Here is an atttractive business idea for people living in private houses with the yard near the field or forest.
Step by step business plan guide

Step by step business plan guide

22.11.2016 · Business plans
Before starting a business-planning, think about your future revenue. Let’s assume, you want to open a cookies shop. You have already analyzed your competitors’ revenues, thus you are ready to calculate the approximate daily revenue. For example, it will be $100 a day. Then your annual revenue will amount to: $100 * 300 = $30 000.
6 Global Risks That May Affect You Even If You’re Operating Nationally

6 Global Risks That May Affect You Even If You’re Operating Nationally

21.11.2016 · Enterprise finance
A main objective economic trend in the XXI century is the development of globalization in the world. This phenomenon is a characteristic feature of the entire world business system. Globalized economy reinforces old business risks and generates completely new ones. Individual national economies as well as market players that operate nationally may be strongly affected by growing global risks. Below we’ll examine shortly the most challenging perils worldwide and outline the possible ways of coping with them.
Business Risks: Understanding the Fundamentals

Business Risks: Understanding the Fundamentals

21.11.2016 · Enterprise finance
A guiding principle of any enterprise in a market economy is the desire to obtain a greatest possible profit. However, such desire is limited by the possibility of incurring losses. In other words, the concept of business risk appears when it comes to the market success of the company.
A Couple of Ways to Receive Money for Small Business Financing

A Couple of Ways to Receive Money for Small Business Financing

Speaking about ways of financing small business we must clearly define what this term means since the ways to attract additional money by small and big businesses differ and have its own peculiarities. So, small business financing is understood as a set of means allowing a businessman to attract necessary funds either to launch a new undertaking, or to buy already existing small enterprise, or to invest assets into current small business to support present or future commercial performance.
Express Credit: Available, Simple, Swift!

Express Credit: Available, Simple, Swift!

The banks have learned a famous expression "Time is money" perfectly, offering loan programs that differ in terms of the execution speed and a minimal set of required documents. We mean express cash loans that are super swift when it comes to the process of taking a final decision. So what should the borrower deal with having decided to apply for the express loan?
Five Things to Consider when Applying for a Loan

Five Things to Consider when Applying for a Loan

It includes any kind of your property or business that can be sold in case of inability to repay the loan. The loan can be secured by means of equipment, real estate, industrial goods and trade receivables.Another way to secure the loan is to provide a warranty of loan repayment by another person or organization.
How to Get a Loan Even With Bad Credit

How to Get a Loan Even With Bad Credit

Having a bad credit history many people abandon further attempts to receive a loan thinking it’s impossible. But as practice shows you can get a loan even with a bad history. A trick is to perform several clever steps and launch a process of rebuilding your credit. Below we will describe some smart methods that are going to help you on this way and make some uncertain moments clear.
7 Tips About How to Lend and Not Go Bankrupt

7 Tips About How to Lend and Not Go Bankrupt

Of course, it’s very easy to take a loan and stop postponing the purchase of the necessary things. But it also demands soberly assessing one’s financial capabilities, so as not to doom oneself into a debt bondage. This article sets out some guidelines that will help you to protect yourself from taking "bad" loans.
Microcrediting

Microcrediting

Currently, microcrediting is one of the most popular services in credit area. Microcredits are of a high demand not only among the population, but also among small businesses. The reason for it is a simple and convenient procedure applied to obtain funds. Contacting one of the credit or financial institutions it’s possible to obtain the necessary amount in just a few minutes providing bank clerks with a minimal set of documents. As a rule, a positive credit history, employment place and other factors aren’t important for the bank when you apply for the microcredit. Furthermore, microcredit is a clear and simple service that does not require the borrower to pay commissions, insurance or other payments. Apart from that, it has become much easier to get the microcredit due to the online microcrediting service.
Small Short term Loans

Small Short term Loans

Small Short-term loan occurs when a bank lends money for a small period of time. It’s a common practice for banking institutions to provide a short-term loan for a period up to one year. Some commercial banks increase the term to two years.
Health Insurance in Germany

Health Insurance in Germany

18.11.2016 · Insurance
For an employee with a monthly salary of 4 050 euros an amount of payments for health insurance per month is equal to 15,5 per cent of the salary (which is about 628 euros). Apart from these payments, there is nursing care insurance, which is compulsory and it demands paying 93 euros every month. For those, who use services of state medicine, a monthly sum of 10 euros must be paid. Each day of staying in a hospital will cost 10 euros for participants of the state health programs.
German Insurance System

German Insurance System

18.11.2016 · Insurance
In Germany some types of insurance are mandatory: for example, health and vehicles insurance. The most important insurance for you to have in Germany is third-party private liability insurance. The essence of it is that the third party (insurance company) will be responsible for all losses you have caused in case of neglectful behaviour.
Insurance in Canada

Insurance in Canada

18.11.2016 · Insurance
Insurance business in Canada in terms of capital involved in it holds the second place after the bank business. It is difficult to specify what sphere of human activity in Canada exists without insurance. The range of insurance services includes life insurance, medical insurance, insurance of disability, real estate insurance as well as insurance of all kinds of movable property (from cars to jewelry), insurance of businesses and bank loans, pension plans and investment projects. Such a broad coverage for all possible misfortunes or complications associated with the life of man and his activities is an essential part of ensuring a high level of social protection of human rights in Canada. Here, it is assumed that anyone who understands his responsibility to himself, his family, business partners and community at large is obliged to insure himself, his property and actions.
Prestige of the web-site

Prestige of the web-site

18.11.2016 · Business promotion
If you are the optimizer or the webmaster and you want to improve site positions in the searching delivery of Google, this guide (handbook) for you. Perhaps, you have heard about the last large updating of the ranging algorithms, which is called Panda or Farmer update. It most strongly affected on the positions of the sites which Google considered like “low-quality site”. In this guide you will find the answers to solve some relevant problems and how to make your web-site better and to gain confidence in the Google’s eyes.
What is life insurance

What is life insurance

18.11.2016 · Insurance
Life insurance is an agreement between an insurance policy holder and an insurer according to which the insurer takes an obligation to pay a specified sum of money in case of the insured person’s death. Some contracts may specify not only death but also illness as an insured event. The contract obliges the insured person to pay a premium on a regular basis or as a lump sum.
Insurance companies in USA

Insurance companies in USA

18.11.2016 · Insurance
The USA is the country with the most developed insurance market in the world. American insurance business has immense and unparalleled scales. American insurance monopolies control about 50% of the total insurance market in developed countries. More than 8000 property insurance companies and 2000 life insurance companies operate in the USA.
What is liability insurance

What is liability insurance

18.11.2016 · Insurance
The essence of liability insurance is the protection of the insured person from paying the losses made to the third parties. Liability insurance is very popular in the USA. Legislation concerning liability is deeply studied by American lawyers. Insurance professionals developed a so-called "doctrine of negligence" that allowed to define the terms used in the industry more clearly and assess the propensity of people to risk.
What is home insurance

What is home insurance

18.11.2016 · Insurance
Home insurance is also known as homeowner's insurance. It provides coverage of a personal accommodation. Within the framework of this insurance a set of losses is covered. They include damage that happens to the home itself, the belongings, the additional living expenses and the liability insurance for events that may occur inside the home or within the specified territory.
What is travel insurance

What is travel insurance

18.11.2016 · Insurance
Travelling is a pleasant adventure but very often unpredictable circumstances can spoil all impressions and, even worse, cause substantial financial expenditures. To avoid or at least diminish the uncertainty it’s always worth considering travel insurance option.
What is homeowners insurance

What is homeowners insurance

18.11.2016 · Insurance
When it comes to purchasing a homeowners insurance all people ask the same but very important question: how much am I to pay for it? To determine the exact amount of insurance premium you need to have a clear understanding of the factors that influence the process of premium determination. Let’s examine them briefly.
What is renters insurance

What is renters insurance

18.11.2016 · Insurance
Renters insurance is a fine option when you rent a common accommodation and are afraid of causing any harm to the property of your neighbors or having your possessions damaged. In case something unexpected and extraordinary happens you can end up with a heavy burden of damages to pay for. To avoid this unpleasant situation consider purchasing a renters insurance that may save you a pretty good amount of money.
What is health insurance

What is health insurance

18.11.2016 · Insurance
Health insurance system in the USA is very developed and mainly of a private character. Decentralization, high level of insurance companies’ infrastructure and absence of government regulation are its distinguishing features. System of health insurance in the USA is based on mutual connections between central insurance fund and a network of independent local insurance companies. Funds are accumulated in a central budget that is deprived of administrative functions and after are shared between insurance companies according to legally approved forms of payment.
What Is Insurance Online

What Is Insurance Online

18.11.2016 · Insurance
Nowadays the opportunities provided by the Internet are widely used by the participants of financial services market. A number of services financial institutions provide through the web is constantly growing. Insurance companies also try to stay in touch with the latest achievements of the technological progress offering a service of online insurance.
Units-of-Production Depreciation

Units-of-Production Depreciation

18.11.2016 · Enterprise finance
There are certain types of enterprises that rely on a seasonal demand in their activity. So there is no point to write off depreciation costs every month. In such case it makes more sense to write off a part of fixed assets value according to the quantity of manufactured goods. This method is called a unit-of-production depreciation.