Many argue about the specifics of doing business in Russia. The participants in the discussion can be divided into two camps. Some believe that it is quite possible and realistic to do business in Russia and not go bankrupt. Others agree that this is real, but only if you cheat and dodge in every possible way.
Instructions
Step 1
Some entrepreneurs are taking advantage of the opportunities to reduce the burden of mandatory payments that accompany any business. We are, of course, also talking about taxes. They have their own reduction opportunities. Optimized taxation schemes are often used, combined with payment for work performed and goods sold, bypassing the official cash register. This allows you to have cash on hand and also negotiate with other counterparties on similar supplies, which thus become cheaper, since they are removed from the official taxable turnover.
Step 2
A similar situation occurs with utility bills. The easiest way to reduce utility bills has been known for a long time: this is all kinds of twisting of meters. Of course, this is illegal and threatens with responsibility. However, many entrepreneurs believe that it is possible to do business in Russia and not go bankrupt only by using such work schemes.
Step 3
There are also simpler ways to do business, saving on everything. The method of financial management described below is often used when talking about startups, i.e. the initial stages of the company's formation. It's called bootstrapping. Actually, there is nothing particularly new in bootstrapping. Its meaning is in minimal spending and the ability to get by with the most needed. Entrepreneurs adhering to this approach build their work on several principles that allow them to do business in Russia and not go bankrupt:
• Much should be done for free or for a percentage of sales;
• The lowest prices should be negotiated with suppliers;
• Priority is given to areas that bring money immediately;
• If possible, you should delay utility bills as much as possible, delay settlements with suppliers and other counterparties.
