How to do business in Russia and not burn out

Many people argue about the specifics of doing business in Russia. The participants in the discussion can be divided into two camps. Some believe that doing business in Russia and not getting burned out is quite possible and real. Others agree that this is real, but only if in every way possible to cunning and dodging.

Instruction manual

1

Some entrepreneurs take advantage of the opportunity to reduce the burden of mandatory payments associated with any business. This, of course, is about taxes. For them, there are opportunities to reduce. Optimized taxation schemes are often used, combined with payment for work performed and goods sold bypassing the official cash desk. This allows you to have cash on hand and also negotiate with other counterparties about similar deliveries, which are thus becoming cheaper because they are derived from official taxable sales.

2

A similar situation occurs with utility bills. The easiest way to reduce utility bills has long been known: this is all kinds of twisting meters. Of course, this is illegal and threatens with liability. However, many entrepreneurs believe that doing business in Russia and not getting burned out can only be done using similar work schemes.

3

There are simpler ways to do business, saving on everything. Often the financial management method described below is given when talking about startups, i.e. the initial stages of the formation of the company. It is called bootstrapping. Actually, there is nothing particularly new in bootstrapping. Its meaning is in minimal spending and the ability to manage the most necessary. Entrepreneurs adhering to this approach build their work on several principles that allow doing business in Russia and not burn out:

• Much should be done for free or as a percentage of sales;

• The suppliers should negotiate the lowest prices;

• Priority is given to areas that bring money immediately;

• If possible, public utilities should be delayed as much as possible, payments to suppliers and other contractors should be delayed.