What fraudulent schemes of employees may affect the head of the company
Legislative fraud is the theft of another's property or the acquisition of a right to it through fraud or breach of trust, which can be committed using an official position.…

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“Letters of happiness” from IFTS: what you need to be prepared for
In modern realities, calling an interrogation to the tax authority is a common practice. The regulatory authorities attach more and more importance to conducting interrogations of individuals. In addition to…

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Valuable resource: how to protect the customer base from rat employees
Unfortunately, the practice of moving the base is quite common. Entrepreneurs are faced with such a problem all the time, and this has led to the following stereotypes being strengthened…

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How to avoid a cash gap due to winning the tender: a brief case

At the end of July, our company won a tender for the supply of products for one federal research and production center. Under the terms of the contract, an advance was paid, which they planned to use as part of the payment for the purchase.

We won the tender, we signed the contract, we agreed on everything with suppliers / manufacturers, we are waiting for the advance payment. But he is not and is not.Contacted with responsible persons, in response to the game of “football” between different persons and departments. The delivery time is already close, but there is still no advance payment, and here we realized that we missed an important point in the contract: the delay in paying the advance payment does not affect the delivery time of our products, but they flow from the moment the contract is concluded. Also, while waiting for the advance, the exchange rate has significantly changed in a direction that is not favorable for us. When we realized that it was not worth counting on an advance, we began urgently looking for working capital.

They could use operating funds from other deliveries, but given this counterparty’s optionalness, they didn’t want to widen the “pyramidal” cash gap, so they chose the option of lending. As a matter of urgency, we selected various loan programs in our own and other banks in order to accumulate the funds necessary for the purchase and begin the procurement process. But given the timing of the delay, there is still a chance that the counterparty can cancel the contract due to our violation of the terms and continue to add our company to the registry of unscrupulous suppliers. To avoid such crisis situations, I recommend that you agree on the terms of the tender with lawyers and identify such risks in advance.

What to consider in the agreement with the counterparty in order not to incur losses
Entrepreneurship is always associated with risks, which can occur both from factors independent of a person and from human factors. The latter include intentional non-performance of the contract, fraud, inclusion…

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“Black List” of taxpayers: criteria and reasons for getting
Recently, some specialized and not-so-media outlets have reported that our Federal Tax Service has a black list of taxpayers. And then, as often happens in such cases, there was a…

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"The risk of charging VAT", or What you need to know when buying software
What are the licenses? Let's start with a simple one. The publisher of commercial software does not want everyone to use its product for free and is trying in every…

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Three main business trends of 2018: automation, innovation, quality
To develop your business, both here and abroad, you should offer customers a competitive product, which, in turn, cannot be produced without well-established processes for which process management is responsible.…

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