How the invisible hand of the market creates customers
There is an opinion that the invisible hand of the market is what controls the market. Opinion is controversial, but dominant. This is considered because the market is uncontrollable and…

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Marketing as a business philosophy
Marketing as a business philosophy is the norm for a modern businessman. This is due to the fact that getting an effective business is now possible only through marketing. Such…

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Online store as a way of doing your own business
Any owner of a small business (for example, a workshop) or an entrepreneur who has a shop, thinks that it would be nice to try to find customers on the…

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How to open a stall with Shawarma?
Despite the fact that small business is quite easy to open, not everyone understands how to implement this process. This is due, first of all, to the fact that with…

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How the invisible hand of the market creates customers
There is an opinion that the invisible hand of the market is what controls the market. Opinion is controversial, but dominant. This is considered because the market is uncontrollable and…

...

crisis

How to build a profitable business

The goal of any businessman is to have a profitable business. In order to build such a business, you need to know what profit is in its essence. It seems everything is clear here – profit is the positive difference between income and expenses for the production or purchase and sale of goods and services. Accordingly, if you want to make a profit, you need to increase this difference.

But if you increase the difference, it may happen that in general no one will buy anything. Why? Because, in fact, profit is the difference between the costs of producing or acquiring and selling goods or services and the value of these goods and services. In other words, a profitable business is when the value of a commodity is higher than its price. Continue reading

How the principle of the invisible hand of the market works
The principle of the invisible hand of the market is a term introduced by the Scottish economist and one of the founders of modern economic theory, Adam Smith, to explain…

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Ways to improve business performance
Working as the most accurate clock and generating money in unlimited quantities business is the dream of all businessmen. This dream is realized only among those businessmen who are used…

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The real foundations of a successful business
The real foundations of a successful business Can you describe the basics of a successful business in a few words? Is there any easy way to quickly and briefly explore…

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Online store as a way of doing your own business
Any owner of a small business (for example, a workshop) or an entrepreneur who has a shop, thinks that it would be nice to try to find customers on the…

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Proper start your own business
The proper start to your own business is to find a promising idea. A good idea is a guarantee of a successful business. Most businesses go bankrupt in the first…

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