Business

Handling financial difficulties

Handling financial difficulties
Preventive measures An entrepreneur should have information on past development, current processes, the assumed future development and key moments. The source of various findings may be information on turnover, stock levels, development of receivables and liabilities, and others. General risks There might be a number of risk situations and crises in a company. The reason might be the wrong business activity, overvaluation of goals, etc. Other frequent problems include undercapitalized ...
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Bankruptcy

Bankruptcy
If you have decided to set up business in the Czech Republic it is very important to be aware of the details of your company’s financial situation ...
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Taking over a business

Taking over a business
Ways of taking over a business The most typical options are acquisition of a business share in a limited liability company, acquisition of stock or ...
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Change of business entity

Change of business entity
Ways of changing business entity One of the legal acts which may result in the creation or cessation of participation in a company is the transfer of an interest in a company, which is represented by the transfer of an ownership interest in a limited liability company or the transfer of shares or other securities of a participating nature in a joint stock company, resulting in a change of the ownership right in relation to the company. A seemingly similar change is the transfer of a certain ...
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Sole trader versus LLC

Sole trader versus LLC
Main differences between sole trader and company Here are the key differences between operating as a sole trader and company. Sole Trader. ...
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