The reasons for the financial crisis in an enterprise can be both a general market downturn, an incorrectly chosen development strategy, and inefficient management work. Regardless, universal tools can be used to take a company out of a crisis: cost reduction, sales promotion, cash flow optimization, work with debtors, and payables restructuring.
Diagnosing Financial Crisis
The speed and methods of overcoming the crisis largely depend on what causes it and how quickly it will be revealed. In the process of developing the financial crisis, four main stages can be distinguished: Continue reading
Coaching is one of the ways to learn to learn effectively. It originated in the 90s of the 20th century. This was the period of the emergence of such communication methods as the Internet, mobile communications, Skype, etc. New communications put forward new requirements for people using them. First of all, the ability to acquire and assimilate new knowledge and skills – that is, to learn. At present, the success of any commercial organization depends on the rate at which new information is applied to current operations, problems, and opportunities.
Most of us were trained in the same standard way – at school, college, institute, university. We learned to read, write, count, solve logical problems, memorize information. In this case, the physiological substrate of such training is the neocortex – the cerebral hemispheres with their cortex. Continue reading
Professional assistance in conducting financial consulting – an overview of the TOP-3 service companies
The market of consulting services in Russia and the CIS has not yet reached the international level of development. Half of Russian businessmen do not know what professional consulting is and what they eat it with.
Therefore, the choice of qualified financial advisors for many companies is difficult. To facilitate the task for novice entrepreneurs, we selected from the list of applicants the three most reliable firms specializing in consulting services.
1) Personal capital
Personal capital The Personal Capital company positions itself as the first company in the Russian Federation that has made consulting services available. The founder of the organization is Vladimir Savenok, the first independent financial consultant in the country. The company’s mission is simple and clear – to help customers competently manage their assets. Priority activity – the search for profitable areas of investment. Continue reading