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The Challenges of the Czech Market
Investment Advice
Poised
to enter the EU in the near future, the Czech Republic is one of
the fastest growing and strongest economies in Eastern Europe. The
highly affordable Czech labor force is well educated, technically
advanced and productive, and the government offers key incentives
- making the country a very attractive investment opportunity in
everything from real estate to manufacturing. (For more information,
visit www.czechinvest.org)
The Czech Republic is, however, still an economy in transition,
and investors will find this challenging both legally and culturally.
Working with a trusted local partner - one that understands both
the local situation and the needs and expectations of the foreign
investor - becomes critical to the overall success of the venture.
This is where Myall Consulting can
be of enormous help assisting with everything from market research
studies, to arranging necessary legal work and business registration,
property leasing, fit-outs, staff recruitment and training, coaching,
and mentoring. And through our partners we offer complete relocation
services, helping our clients take care of everything from visa
organisation and accommodation to city tours and orientation.
Management Consulting
Most SMEs confront a dilemma during their first years of operation.
They know a lot about what they want to do, but struggle with all
the auxiliary skills needed for business success (financial/accounting,
marketing/PR, human resource management, training, etc). In most
developed economies it is fairly easy to reach out to specialist
service providers that can support SMEs, however in emerging economies
such as the Czech Republic, access to professional external assistance
needed to complement core competencies is not so easy to find -
at least at affordable rates. This is the role Myall
Consulting is seeking to fill in the market, with a team
experienced in both international and Czech business practices.
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