6 February 15:32
Entrepreneurs in Krasnoyarsk often find themselves in a paradoxical situation: turnover is growing, all employees are busy, the company is operating stably, but net profit remains lower than expected. Often the reason lies not in external factors – rent, competition or seasonality, but in internal management and legal shortcomings.
One of the common problems is unjustified dumping. The desire to retain a client often leads to price reductions below an economically justified level. In the short term, this can lead to an increase in sales, but in the long term, it reduces margins and creates an expectation among customers of a “cheap” product. As a result, the business is running out of steam and profits are shrinking.
No less dangerous excessive loyalty to employees. Entrepreneurs often postpone personnel decisions for personal reasons: pity, long-standing relationships, fear of conflict. Often the dismissal of ineffective employees is delayed, even though the company is unprofitable. As a result, the entire team and financial performance suffers.
Another important factor is errors in costing. Unaccounted for indirect costs, logistics, taxes, depreciation – all this distorts the real picture. A company can sell a product “at a profit” according to documents, but in fact work at a loss.
Such errors can accumulate over years and gradually undermine the financial stability of a business; an audit helps to quickly identify the source of problems and stabilize the situation. In Krasnoyarsk, such work is carried out by specialists from the National Legal Collegium group of companies. Experts and lawyers have been helping entrepreneurs strengthen and protect their business for more than 12 years. NYUK Group of Companies has 12 years of experience, over 8 thousand won cases and more than 12 thousand satisfied clients.
“Last year, the owner of a small chain of stores turned to us for help. Formally, the business operated stably, but the owner noted a constant decline in profits. During the audit, we identified several hidden problems: incorrect costing, as well as excessive purchases and lack of cost control at individual points. After developing recommendations for optimizing costs, adjusting the contractual base and setting up financial regulations, we managed to stop the outflow of funds,” Alexander Parkhomenko, adviser to the general director of the NYUK Group, shared his story.
After the audit, there are several options for the development of events:
- correct identified errors on your own;
- enter into an agreement with representatives of a law firm in order to quickly resolve problems and optimize the firm’s costs;
- do nothing – however, in this case, the business risks continuing to lose profits and go into a dive.
You can learn more about the services of the NYUK Group of Companies and sign up for a consultation on the website krasnoyarsk.nuk-ru.ru, or by phone: 8 (800) 550-13-02 and in Telegram at the number: 8 902 929-44-10 (@Ndz2014).
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