What causes employees to steal?
There are many factors that push employees to steal. Some believe that the culprit – low wages, while others say that theft in the workplace – is a characteristic feature…

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Creative economy as a way to make money
A creative economy is a reality that has already begun in developed countries and is gradually occurring in the rest. Anyone who wants to live sweetly in new conditions should…

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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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Kinds of consulting for advanced businessmen
There are different types of consulting that a businessman can use if he is needed. In general, a businessman is a person who can do everything himself, absolutely everything, therefore…

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Great way to build a powerful business.
A powerful business is a business that is built optimally and purposefully. The world is arranged expediently and only that which is expedient survives in it. Everything that is inexpedient…

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Volvo

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

Business idea on a theme: the making of an original birdfeeder
We live in a world where everything is ruled by nature, so everyone should focus on the environment. Living in harmony with yourself and with the world, you can become…

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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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How to open your pie shop
Starting a business today is a dream of every person. The greater the demand for services, the higher the opportunity to earn a tidy sum of money. But for the…

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How to build an effective business
An effective business is a business in which there is no shortage of consumers. There used to be a shortage of resources, then a shortage of goods, but mankind coped…

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Professional marketing as a guarantee of success
Professional marketing is a tool for business development and growth. In turn, amateur self-marketing is a factor that significantly slows down trade, reduces sales by 10, and sometimes 100 times.…

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