Financial literacy is the most important quality of an entrepreneur. The ability to properly manage profits will allow you to stay ahead of competitors and cope with crisis situations. By saving and increasing profits, you can enjoy your business without worrying about lending and seeking investments.
Instructions
Step 1
As a rule, young companies show the highest revenues. They are ambitious, have a lot of ideas, the desire to prove their success is off the charts. At the same time, the ability to invest in reliable financial instruments comes with experience. Any company should have a reserve fund, the money from which will be useful in order to stay afloat during the period of "lull", the absence of clients. It is desirable that it cover the salary and rental fund for a period of 3 to 6 months.
Step 2
Money in a bank is better protected than in a fireproof company safe. An invisible thief - inflation is hardly less dangerous than a burglar with a master key. It is possible to earn money on deposits with a high interest rate, albeit a little.
Step 3
Entrepreneurial business is inextricably linked with risk, so I want to find the most profitable use of profit, to make it work with returns. For these purposes, high-risk investments in the stock market, currency exchange are suitable. If you do not want to study the intricacies of stock investing on your own, you can transfer part of the profit for trust management to brokers. With amounts of more than a million rubles, your capital may be of interest to professionals from the banking sector. Profit with such large investments can reach 50-100 thousand rubles. per month.
Step 4
Investing in profit as start-up capital for start-ups will allow you to diversify your business over time. The number of startups, especially in information technology, is only increasing now. You can find projects of young entrepreneurs in the "Business Youth" association or state support funds. More chances of success when choosing not the best ideas, but the best teams. It is advisable to divide the risks with an experienced investor in half - this way you will get a potential business partner and reduce costs.
Step 5
In times of crisis, it is profitable to invest profits in real estate that is getting cheaper. In Europe, the most favorable prices are in crisis Spain, Portugal and small Czech Republic. In the east, Thailand can be noted. Buying apartments and offices will not only increase your money in the future, but also rent out real estate immediately after purchase. You can also move part of the office (or all of it) abroad, arranging a long holiday for yourself and your employees.