Category: Establishment and liquidation of a legal entity
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Sustainable Business – How to Follow Global Standards
As global economic circumstances evolve, you must be ready to adapt your business, stay flexible, and remain competitive. A stable business is defined as one that can adjust to changes in the environment, maintain steady growth, and achieve sustainable results. This type of business focuses on long-term success and has strategies that make it resilient…
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Essential Financial Tools for Running a Business
Effective financial management is crucial to the success of any business. Using the right financial tools enables entrepreneurs to plan budgets, track expenses and revenues, manage debt, and make informed business decisions. Below are the essential financial tools that can help in running a business. 1. Budgeting and PlanningBudgeting is the foundation of financial planning.…
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Flat-Rate Taxation: Advantages and Disadvantages
Starting an entrepreneurial business in Serbia can be challenging, but choosing flat-rate taxation often makes things significantly simpler. If you’re an entrepreneur in the IT sector, a designer, consultant, or provide any type of service, flat-rate taxation might be the right option for you. To make everything clear, let’s explain in detail what this model…
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Legal and Regulatory Issues for Entrepreneurs
Legal and regulatory issues form the foundation of every entrepreneurial initiative, as they define the framework within which a business develops and operates. Every entrepreneur must understand the legal context in which they operate in order to avoid potential problems, penalties, and obstacles that can negatively affect their activity. From the very beginning, the choice…
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Entrepreneur with Personal Salary Taxation
Starting an entrepreneurial business involves many decisions, and choosing the taxation model is certainly one of the most important. The “entrepreneur with personal salary” model is increasingly becoming the number one option for many who have outgrown lump-sum taxation or want a more transparent financial structure. If you work in the IT sector or provide…
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The Psychology of Entrepreneurship // Understanding and Developing the Mindset of Successful Entrepreneurs
Entrepreneurship is not just an economic activity; it is a complex process that requires a specific mindset. Successful entrepreneurs are not only visionaries with innovative ideas but also individuals who possess mental strength, resilience, and the motivation to achieve their goals despite numerous challenges. Understanding the psychology of entrepreneurship can help both those who aspire…
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Developing Sustainable Business Models
Sustainability in business is becoming an increasingly important factor in modern entrepreneurship—not only for environmental reasons, but also for economic and social ones. Developing a sustainable business model involves integrating environmental, social, and economic principles in order to ensure long-term stability and competitiveness. In this article, we will examine in detail the concept of sustainable…
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Business Plan Development
Starting a business is an exciting adventure, but success often depends on a carefully crafted business plan. This essential document serves as a roadmap, guiding entrepreneurs through key decisions and strategies. Executive Summary – Designing the PlanThe executive summary is the heart of your business plan, breaking down the essence of your venture into a…
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Product Development with User Feedback
In today’s business environment, product development is no longer a one-time process in which a company creates a product and launches it to the market. Instead, product development is a dynamic, continuous process that requires constant adaptation and improvement. One of the most important factors in this process is user feedback. Involving users in the…
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Modern Entrepreneurial Strategies // From Starting a Business to Sustainable Growth
Starting a business is one of the key steps on every entrepreneur’s journey. This process involves understanding the legal forms of business, such as sole proprietorship, limited liability company, partnership, and joint-stock company. Each of these forms has its own advantages and disadvantages, depending on business goals, the degree of personal liability, and the planned…