How to calculate the cost of production
The cost of production or sales is one of the most important indicators for the analysis of the efficiency of production activities of both the enterprise as a whole and…

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Energy passport: is the requirement of Supervisory authorities?
At the end of 2012, many businesses, even some government agencies faced new requirements of Rostekhnadzor. The technological Department of the Federal service for environmental, technological and nuclear supervision, threatening…

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How to take a loan without references and guarantors
Despite the fact that taking out a loan today seems to be quite easy, in fact it is not so simple. Not all banks meet customers who need money in…

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guarantee

Supply contract

An important condition of the supply contract is that the buyer must use the purchased goods for business purposes. If the goods are purchased for personal use, such a relationship cannot be formalized through a supply contract. As a supplier can be any legal and natural person who carries out business activities.

The supply contract is made in writing. The moment of conclusion of such agreement shall be determined by the moment when all essential terms and conditions are stated in the agreement and signed by both parties. If the parties to the contract are individual entrepreneurs and the amount of the contract does not exceed 10 times the size of the minimum wage, the supply contract can be concluded orally. Continue reading

What is Bank guarantee

Bank guarantee – this is one of the types of insurance risks in the enforcement of transactions. The essence of such insurance is that all risks in a transaction between economic entities are acquired by a Bank, insurance company or other legal entity (guarantor) at the request of the transaction participant (principal). The guarantee is issued in writing. In case of default by the principal of its obligations to the creditor, the grant undertakes to cover the losses of the latter either in full or to the extent specified in the guarantee.

Currently, in the Russian business, this type of insurance transactions is not as common as in the economies of Europe and the United States, however, the trend for its spread in the last few years is positive. Continue reading

Balance sheet liquidity analysis
The liquidity of the balance sheet is the degree of coverage of the enterprise's liabilities of its asset, reflecting the rate of return of funds that were invested in the…

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Deposits with interest capitalization
Investment of funds in the escrow account is not the only way of salvation savings from inflation. Thanks to Deposit deposits, in a stable economy, you can even increase your…

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How to get rid of debts
Sometimes it comes to the banal: I want ice cream (for example, money in my purse a penny, salary in a few days), you can wait and with a sense…

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How to get a loan reprieve
According to statistics, every person at least once in his life took a loan from a Bank. And the situations are different and it is not always possible to make…

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