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…

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Business Design - A Look into the Future
When the Developer of an investment project, on the instructions of the Customer, is working on the next business plan, as a rule, the “depth” of calculations, forecasts, business development…

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A selection of business ideas with minimal investment
Each of us at least once in his life, but thought about how good it would be to be the owner of our own business and work according to our…

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What is a franchise agreement (commercial concession agreement)

How does franchising function in terms of Russian law? We will understand what exactly is understood by law as a franchise agreement or a commercial concession agreement.

From the point of view of imperfect Russian legislation, a synonym for franchising is concession. What exactly is meant by this term? There are several definitions of the concept of “concession”.
A concession is an agreement on the transfer by the state for operation to private entrepreneurs, foreign firms for a specified period of time of enterprises and other economic facilities, land plots with the right to extract minerals, build various structures, produce certain products, etc. The enterprise itself is also called a concession. based on such an agreement. Continue reading

How to create a successful franchise: 4 golden rules

Instead of increasing the number of franchises, unfortunately, their quality decreases and confidence among franchisees decreases. The rules for creating a successful franchise are shared by Oleg Yudin, director of franchising at Domino’s Pizza.

Franchising is rapidly gaining popularity. One of the decisive factors in this matter is the crisis, condemning Russian business to instability and uncertainty in the future. The purchase of a franchise eliminates this issue by providing an already developed business model with prescribed solutions to possible risks.
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How to survive your own financial crisis
A personal financial crisis can be the result of many events: job loss, divorce, bankruptcy, sudden medical expenses or any other events that cause financial stability to be lost. Whatever…

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How to decide whether to buy stocks or mutual funds
Stocks are securities in which you can invest a lot of money for the long term. But the question arises: buy individual shares or buy securities through mutual funds? The…

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