Who needs efficient stock management and why?
Effective inventory management is a significant tool for increasing net profit, positive net cash flow for an average and large enterprise that produces material goods. What happens if you think…

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What does “effective inventory management” mean?
Let us analyze this phrase in parts: stocks, management, efficiency. Inventories (stocks - eng.) - these are the supplied raw materials, materials, components, work in progress from them, finished products,…

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Effective credit policy
If your business does not improve, it will certainly deteriorate. Continuous improvement process means that you constantly find ways how to do your business better, faster and not as competitors…

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changing macroeconomic

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How financial consulting activities are carried out – 7 main stages

As with any other complex intellectual process, consulting is a long and phased procedure.
Preliminary stage – the choice of a consulting company. You need to choose a company as carefully and thoroughly as you choose a clinic for treatment. The future of your business depends on it.
The main selection criteria are experience, professionalism, the number of closed projects, the level of specific consultants.
Stage 1. Conclusion of an agreement with a consulting company
The contract is the main document regulating your relationship with consultants. Continue reading

What is financial consulting

Biblical wisdom teaches: “There is no prophet in his own country.” Attached to the business, this phrase takes on a special meaning. Company employees are almost always critical of changes coming from within.
There are common situations when management attempts to change the existing state of affairs at an enterprise stumble upon a reinforced concrete barrier of rejection, worsen the psychological climate in the collective and destroy the corporate spirit.
Another reason why independent attempts to improve the structure of a business are failing is the elementary lack of necessary knowledge and skills of full-time employees.
In such a situation, the invitation of third-party specialists seems to be the most reasonable and expedient way to solve the problem. Experienced consultants invited from the outside take on the functions of impartial arbitrators who understand the company’s affairs in an unbiased, sober and competent manner. Continue reading

Management Consulting for Your Business

Nowadays, “financial consulting” is becoming increasingly popular and is actively developing. Many who have simply heard about this concept, think: is it prestigious or necessary to apply for services to consulting firms? However, the most pressing issue is the lack of knowledge of what consulting is and how it can really help. How is it necessary to make changes in the company with the greatest effect and the smallest losses?
Any, even the most successful company, which has been operating in the market for a long time, faces management and financial problems. Continue reading

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What is financial consulting
Biblical wisdom teaches: "There is no prophet in his own country." Attached to the business, this phrase takes on a special meaning. Company employees are almost always critical of changes…

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Effective management of the sales department of the enterprise.
Forecast revenue from sales of products for the item position is equal to the product of the forecast of the average consumer demand for the company's products and the plan…

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Business management must begin with accurate demand forecasting.
Without the use of mathematical methods of accurate and high-precision demand forecasting, it is impossible to provide high-quality solution of managerial tasks for the optimal increase in net profit, positive…

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