How to Start a Successful Business
More than 40% of small business owners close their business prematurely within the first year, and 80% within five years. These statistics clearly show that even a small, seemingly insignificant mistake could lead to the [...]
Sole Trader or s.r.o.?
The most common ways of doing business in Slovakia are trading as a sole trader under a trade licence or through a limited company (s.r.o.). Most experts clearly recommend an s.r.o. Let us therefore look [...]
Cost and Time Needed to Form a Limited Liability Company
The cost and time involved in setting up a limited company. Many people believe that setting up a limited company (s.r.o.) is a straightforward matter. So let us look at what it actually involves, step [...]