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.
Enterprise profitability Continue reading
Seven ways to increase the credibility of the site or online store
1) Customer Reviews
The most banal thing – the availability of reviews from existing customers. If we are talking about an online store, then it may be reviews that will be added by registered users. In the case of b2b – this may be feedback from representatives of companies with whom you worked. Not all visitors trust reviews, but there is a certain category for which such reviews serve as a serious guideline when deciding in favor of a separate site and a specific product.
2) Certificates Continue reading
Where to get ideas for startups?
1. Live in the future
Be on the tip of MacBook Eyra. Use what yesterday did not exist. Read about new inventions. Think about the products for the new generation.
The future is for wearable gadgets, cutting-edge machines, DNA tests and materials as thick as an atom. What products and services should arise around such pieces?
Think about change, ending the sentence “If you are in the future …”: for example, “if you are in the future, all cars are electric” or “if you are in the future, no one uses cash”. And then create a company with which it will come true. Continue reading