Letter of credit

The safest and most common form of transfer in international trade A letter of credit is a document that connects the buyer, the seller and the bank. All important parts of the sales contract are defined within this document. A letter of credit protects the interests of both parties: the seller is sure that he […]

How to receive money from abroad or send abroad IBAN

IBAN (International Bank Account Number) is a unique identifier of a foreign currency account that your bank assigns when opening a foreign currency account, and is used for international payment transactions of sending and receiving money.In order to receive money, you need to give the sender the following information: Name, surname and residential address Name […]

Investment management tools

Gantt chart is the simplest and most commonly used investment management tool. Provides clarity in the order of activities over time. The disadvantage is that there is no dependence between individual activities.This shortcoming has been corrected in a number of more advanced tools based on the so-called “pert” method, which shows the dependence of certain […]

What is NPV, IRR and discount cannon and how they are calculated

NPV – Net Present ValueThis is the sum of discounted net receipts of the investment by financial flow, reduced by the value of the investment. The project is acceptable if the NPV is> 0, and of course it is desirable that the figure is as high as possible.For example, if you want to “interest” your […]

What are Financial Derivatives and how to profit from them?

Financial derivatives, unlike videos in which obligations are concluded promptly after the conclusion of the contract, are characterized by the time interval from the moment of conclusion to the moment of execution of the contract between the seller and the buyer. The most important financial derivatives are Forwards, Futures, Options and Interest Rate Swaps. In […]

What is a Franchise?

Franchising is a way to run your company under a well-known brand, which will allow you to break into the market faster and reduce the risk of business failure. So it is a way to apply a proven business model of a company with experience, knowledge and brand in that industry in your personal business […]