Monthly Archives: July 2018
What is an overdraft for a business and when is it needed?
Overdraft is a revolving credit line that a bank can provide to a company or individual entrepreneur to cover a temporary and short-term cash gap. This is actually a business credit card tied to your current account.
When do you need an overdraft?
There are a lot of options for using overdraft, it all depends on the specifics of your business. Continue reading
How we built a turquoise company: Alexey Denisov’s experience – OLS
We, the OLS company, are a turquoise organization. How do we understand this? As well as all really working “turquoise” organizations – having read Frederic Lalu’s book “Discovering the Organizations of the Future” and comparing it with yourself.
By the way, according to Jos de Blok (the founder of Buurtzorg), one of the heroes of the Lalu book, he also learned that they are “turquoise”, from this book. Continue reading