brooke-lark

Should you, as a young founder of a startup, outsource right away?

Milena Duric Experience

You have probably wondered how do all these startups work out in short period of time. How do they do it? What’s the secret? Well the secret is – outsourcing! How can you start outsourcing? There are a few websites you should keep an eye on: Upwork GitHub Stack overflow Freelancer It depends on which service you need. But you should make profiles on all of them just in case. You never know when the …

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What is a financial statement and how to make it perfect?

Milena Duric Investment

A financial statement is a document provided by your bookkeeper, accounting manager or controller. Basically, it represents the balance of the profit of your company. What does financial statement include? Generally, financial statement includes: the balance sheet income statement and statement of cash flow The balance sheet – provides a snapshot of the business’s assets, liabilities and owner’s equity for a given time (preferably once a month) Current assets – includes cash, stocks and other …

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Money issues when you are an entrepreneur-to-be

Milena Duric Experience

As an entrepreneur-to-be, you have probably been asking yourself the same question revolving around money. Is money the most important thing in business? To be sincere, it is not. But having money pays you the bills and gives you freedom not just to have holidays, but also to evolve your business. To take things to a whole other level. Without money, you won’t even be able to start a business, let alone build up and …

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Are taxes too high, especially in Denmark?

Milena Duric Investment

Do you know what the welfare state is? According to Wikipedia it is a “concept of government in which the state plays a key role in the protection and promotion of the social and economic well-being of its citizens”. But what does it mean in practice? If you’ve read previous articles we wrote about being an entrepreneur then by now, you’ve already thought about the idea or the concept you want to build up. You’ve …