Author: lmilovanovic
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Maja and Ognjen Combine Sport and Technology: RUNQO App Wins Entrepreneurship Academy 5.0
The finale of the fifth generation of the free Entrepreneurship Academy, implemented by the Association for the Affirmation of Culture (ASK) with the support of the NCR Foundation, was held last weekend in Belgrade. Among the 20 best young entrepreneurs from across Serbia, first place was awarded to Maja Miodragović and Ognjen Pantić with their…
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Bookkeeping Tips for Small Entrepreneurs
For all entrepreneurs, large or small, bookkeeping is of great importance for successful business operations. However, many entrepreneurs face challenges related to bookkeeping, especially when financial resources are limited. Below, we offer several free bookkeeping tips that will help you manage your small business finances more efficiently. The first thing you should do is separate…
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Agile Methods in Project Management
In today’s dynamic business environment, entrepreneurs often face changing market demands, tight deadlines, and limited resources. Traditional project management approaches, such as the Waterfall method, are often not flexible enough to respond to these challenges. That is why more and more small and medium-sized enterprises (SMEs) are turning to agile project management methods, which allow…
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Branding for Small Businesses
Branding is a key element of every successful business, regardless of its size. While large companies have significant budgets for marketing and branding activities, small businesses often operate with limited resources and budgets, which can pose a challenge when it comes to building a recognizable and authentic brand. However, even with limited means, it is…
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Business Model Canvas
Business Model Canvas (BMC) is a strategic tool that enables entrepreneurs to clearly and concisely define the key elements of their business model. Developed by Alexander Osterwalder, BMC has become a standard in the world of entrepreneurship because it allows entrepreneurs to quickly test and adapt their business ideas without the need for extensive planning…
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Digital Transformation of Traditional Business Models
In recent decades, digital transformation has become a key factor determining the long-term competitiveness and success of companies. Although this change is often associated with tech startups, traditional businesses that previously operated using old-school methods and tools can—and must—also integrate digital technologies into their operations to remain relevant and competitive. Digital transformation is not just…
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Financial Literacy for Entrepreneurs: Basic Financial Concepts Every Entrepreneur Should Know
Financial literacy is a key element for every successful entrepreneur. Without understanding fundamental financial principles and tools, entrepreneurs may face significant obstacles in managing their business. From making strategic decisions to managing liquidity, every financial decision affects the long-term success of the company. In this text, we focus on the basic financial concepts that every…
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How to Choose an Activity Code When Registering a Sole Proprietorship in Serbia?
When founding a sole proprietorship (P.R.) in Serbia, one of the key steps is choosing the appropriate activity code. The activity code is not merely an administrative requirement, but plays a significant role in business operations, as it is directly connected to legal obligations, tax treatment, and the possibility of obtaining licenses and certifications in…
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How to Start a Startup in Serbia? // Step-by-Step Guide
Starting a startup in Serbia is an exciting but also challenging endeavor. With the right plan and strategy, you can turn your entrepreneurial dreams into reality. This guide walks you through the key steps needed for a successful launch. 1. Idea and ConceptEvery successful startup begins with an innovative idea. The first step is identifying…
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How to Prepare Financial Reports That Attract Investors?
Preparing financial reports that attract investors requires accuracy, transparency, and clarity in data presentation. Investors seek relevant information that enables them to assess the stability, profitability, and growth potential of a company. Well-structured reports build trust and increase the chances of securing investment. 1. Clearly and Neatly Structured Financial ReportsFinancial reports must be: Key documents…