Financial Situation

We generalize the data and look at the problem: 1. Conservatism – a business built on the use of certain matrices, charts, and technology. But each such matrix is suitable for a specific period of time with his current situation on the market. Time passes, changing financial and political situation, there New laws are coming to market of new companies and new products, changing consumer demand. This usually occurs gradually, but sometimes the process is uneven and things change very quickly.

The company, which once and for all developed for a specific scheme, and they do not change over the years, sooner or later to defeat. 2. Vanity – sometimes a company like 'swell' of his success, that does not notice that their product is outdated and the technology its promotion of no interest to the buyer. As an example, the company Coca-Cola – a strong, world-renowned company, offering soft drinks. Their product is unchanged, and the aggressive promotion strategy. But times are changing and people are more interested in their health and natural products. As a result, Russia has increased the consumption of kvass as more natural and traditional drink of Russia.

3. Entanglement – when the company grows, it becomes more hierarchical, it is becoming more different departments and services, all of which require coordination and competent management. Sooner or later, the company reaches a level where it occurs the famous 'Peter Principle': A person or company who have reached a certain level, and reach the level of their incompetence. This is explained by the fact that, rising up, a person takes on more responsibilities and in some time already can not perform them all. The company, growing, becoming more intricate, complex, cumbersome, slow, and sooner or later and reaches a state when all the processes to manage it becomes difficult and start error. 4. Laziness – this step are all the companies and it is important to learn how to overcome this period.

Financially Savvy Individual

The image of the financially savvy person (way of thinking, the motives driving them prepare themselves for success), the goal and objectives (not the theory and practice goal-setting) The business lines (the best choice for you manipulated by way of finance) 'You can not think of the thousands and make millions! " Many people think, "Here I had a million (and it does not matter rubles or dollars), so then I would … ' But in fact, only 1 in 100 is able to save, million to increase, rather than squandered it and live with comfortably. Such people are called financial literacy. The 1 percent of such people is still optimistic assessment. Sometimes people say that to them the money 'stick', and destined to etc., but this approach is not for us, not for you! Let us explain in more detail.

Financial literacy is not the ability to make money, but the ability to preserve and enhance existing ones. This man did not significantly limits of its consumption. He understands that the restriction of only 10 rubles today will give $ 100 in income over time. Problems of the people that they think too narrowly, and believe that to make a contribution to the bank at 10% per annum and is is the aerobatics, and divided into multiple banks contribution is in excess of the measure. No, it's certainly not the case. Financial literacy is the ability to convert all your money in passive income (note the passive, otherwise If it is already becoming a business). And no matter what amount and for how long, the main thing: Money is always and everywhere to make money! More Money Make More Money! Less Money Makes Less Money, But Makes anytime, anywhere! Each successful people understand this for themselves, understand and remember it forever. Maybe some do not even figured formulating a clear idea, expressing it in words, but easy to use, they feel it and understand it.

Company Owners

Reliably determine who owns the company, it is possible, determining whose orders do executives today Ukrainian businesses are increasingly becoming an arena of corporate battles. Every day we hear that in the next battle for control of the interests of the face of known or not very well known business groups. An impartial analysis of business practices shows that the concept of 'control' is considered an extremely simplified – only context of the struggle for the seizure of the key positions in various corporations. The rapid spread of raiding further strengthens this emphasis, which leads to a distortion of the essence of this very complex mechanism. Cost-savvy reader probably knows that, like many other business terms, the concept of 'control' has no unambiguous definition. For example, in the French legal proceedings based on the fact that control the company – it means to have a predominant influence on to dominate him, send him to lead them.

Similar statements within the meaning of control is contained in International Accounting Standard 27, the underlying Ukrainian accounting standards. Control in this case is seen as indicating a decisive impact on the financial and operating policies of the company to obtain benefits from its activities. Broad distribution is an approach in which control means the ability to appoint and dismiss members of the board of directors and top management of the corporation. This interpretation is shared by many government agencies and courts, in particular the Ministry of Justice and the U.S. Supreme Court. Another approach is now enshrined in legislation in several European countries (in particular French and English), considering control as a direct or indirect ownership stake, providing the largest number of votes in the governing bodies of the company. Well, what is said about it in the Ukrainian legislation? In matters of corporate control our legislation is extremely controversial and eclectic.