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What is a legal address and why does an entrepreneur need it?

There are several forms of business in Russia. The most common are sole proprietorships and LLCs. They have significant differences in terms of reporting and registration in the tax. Being an individual entrepreneur is easier, but such businessmen cannot participate in government tenders. To do this, you must be registered as an LLC. And when registering such a form of entrepreneurial activity, the presence of a legal address of the company is required.

Why does an entrepreneur need a legal address
What is a legal address and why does an entrepreneur need it?
Russian law requires that an entrepreneur, when registering with the tax office, indicate the address where inspection authorities can come with an audit. For an individual entrepreneur, it is permissible that it coincides with his place of residence. Continue reading →

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What should be a profitable online store in 2021: main trends

It doesn’t matter how many people per day visit your online store if they don’t buy anything and don’t even put the items they like in the shopping cart. Conversion is one of the pillars on which the work and prosperity of any online trading platform rests. It directly depends on how long your business will last.

In 2020, with many staying at home more often, marketplaces have begun to feel better. But it is not certain that all e-commerce platforms will retain customers in 2021. Continue reading →

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Advertising methods of business promotion

Advertising is the engine of trade. This statement has long been beyond doubt. The rule works almost 100%, applies to the promotion of almost all goods and services on the market. Of course, there are always exceptions, but it is safe to say that advertising methods of business promotion are the most effective. Some of them are practically free, others require material investments. Consider the main types of advertising that will help you make your company’s products or services more popular.

Without investments: the main advertising methods for promoting a business for free Continue reading →

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