How to attract a sponsor
The process of obtaining sponsorship for your business, project or event can result in both successful and mutually beneficial cooperation, and complete failure. However, you can significantly increase your chances…

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How to calculate gross margin
Gross profit is a fairly simple indicator showing the difference between the proceeds from the sale of goods and their cost. Gross profit ratio is the ratio of gross profit…

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How to create your own business
Those years have passed when a huge demand for almost everything existed in the country. You could, without your own money, start and grow your business. Now it has become…

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also decided not to continue

How two brothers and sister set up a $ 1 billion business selling cheap toys

The Mowbray family’s path to success in toy production was thorny – it had cheap rented housing in Hong Kong, courts with competitors, and goods that no one wanted to buy. Now that their business is worth more than $ 1 billion, entrepreneurs want to explore new territories
Nick Mowbray works in a 12-room mansion in the New Zealand town of Coatesville. Previously, there lived a cybercriminal Kim Dotkom – here he was detained in 2012. The 34-year-old Mowbray has a calmer life. In his estate, occupying half a hectare, he holds a vineyard, giving a harvest of 2000 wine per year. A man can afford such a life thanks to his fast-growing business. He manages the toy company Zuru with his older brother and sister, Matt and Anna. Walking through his library, the entrepreneur explains: “My philosophy is that the efforts made should always be proportionate to the goal.” Continue reading

Tough measures or how to make adjustments to the company
The reasons why there is a need to change the strategy of a company of one orientation or another are different, but most often it is a decrease in productivity…

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How to protect your assets from the IRS
It doesn't matter if the Federal Tax Service (IRS) collects tax arrears by threatening to seize property, or if you just want to get ahead of events by making sure…

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Smart money. Six major financial technologies this year
In 2017, the total investment in fintech - “smart” online services that help ordinary users and professional market participants manage finances - amounted to $ 27.4 billion, according to Accenture…

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How to calculate working capital
Working capital - a combination of cash and liquid assets that are necessary to finance the activities of the company. Knowing the amount of working capital, you can more effectively…

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