The economic situation in Germany is tense. Many companies had to temporarily close or significantly reduce their production during the pandemic, which led to financial burdens that are still having an impact today. Subsequent geopolitical tensions, in particular the conflict in Ukraine, triggered the energy crisis. High operating costs have since put pressure on profit margins and forced corresponding countermeasures, which often take the form of layoffs. Raw material shortages…
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A plausible business idea is crucial to convincing potential financiers, investors or banks. A well-thought-out idea shows that you understand the market and your target group, which increases others’ trust in your project. A sophisticated business plan is often necessary to obtain financing. This includes the strategy, an exact market analysis, financial forecasts and the step-by-step implementation of the project. An innovative solution or service that may not yet be…
Comments closedThere are some wrong reasons for working at your own risk that are more likely to lead to disappointment. People often develop the idea of self-employment because they are unhappy in their current job. Self-employment should not simply be a way to escape an unpleasant situation, but should be based on a clear vision and passion. The idea of earning a high income in a very short time is rarely…
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