We open a shop for artists
Many people, who are just starting their first business, prefer ideas aimed at a wide audience of consumers. A business with a narrow specialization causes some fear and uncertainty that…

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Success Lessons from Henry Ford
1. Serve others. “A business absolutely dedicated to services will have a slight concern for profit. It will be indecently big. ” The secret to success is serving others. All…

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Word of mouth marketing. How to make you talk
How to ensure your company a stunning success and popularity without spending a penny on advertising? How to make customers tell all your friends, acquaintances and even passersby about you?…

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Foreign crowdfunding platforms
Now, in order to start a business, first of all, money is needed. Of course, a great idea and thought-out technology of its implementation are also necessary things, but a…

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How to calculate the profitability of the enterprise

Being engaged in business, it is important to understand how your activity is effective. It is impossible to determine by this profit margin alone. After all, in order to make a profit, you must first use any resources, be it money, equipment, and so on. Therefore, what you invest, also can not be discounted. The profitability index takes into account both profits and costs, so with its help you can most accurately determine how efficient your business is.
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