Atradius Publishes Advice on Business Success in the Czech Republic - KMPH FOX 26 | Central San Joaquin Valley News Source

Atradius Publishes Advice on Business Success in the Czech Republic

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Atradius N.V.

AMSTERDAM, July 9, 2014 /PRNewswire/ --

After falling into recession in 2012/13 the Czech Republic has seen a revival in both business and consumer confidence this year: an encouraging sign for foreign companies planning to export to this resurgent market.

To assist those companies, leading credit insurer Atradius has published a concise report - 'Trade successful with the Czech Republic'.

The report covers a wide range of issues that foreign exporters to the Czech Republic should take into account and prepare for, to help make their ventures a success.  These include:

  • weighing up the potential benefits of the various forms of local presence, such as agency, partnership and limited  liability company, and ensuring that they obtain an authorised trade license
  • adapting their pricing strategy to take account of the average disposable income in the Czech Republic
  • choosing the most cost effective way to resolve trade disputes, through mediation or arbitration
  • protecting their credit sales against the risks of non-payment

To accompany its report, on 9 July Atradius is also broadcasting a live webinar discussion - 'The key to business success in the Czech Republic' - in which a panel of experts will discuss the opportunities for trade with the Czech Republic, the pitfalls to avoid and the assistance available. Both the report and the free webinar can be accessed through the Atradius website, where a recorded version of the webinar will also be available for a further 12 months.

While the Czech Republic has successfully emerged from its economic dip of recent years, there's still a need for good financial management when trading on credit terms, as Marketa Strzinkova, Atradius' country manager for the Czech Republic, explains:

"As with any market, there will be risks, so an effective credit management regime will help you strike the balance between maximising sales and minimising the risk of late payment or bad debt. It should start with an accurate assessment of a potential customers' payment behaviour: get that wrong and you may incur serious cash flow problems. Atradius can provide that insight, as well as the reassurance that your credit sales are protected."

About Atradius 

The Atradius Group provides trade credit insurance, surety and collections services worldwide and has a presence through more than 160 offices in 50 countries. Atradius has access to credit information on 100 million companies worldwide. Its products help protect companies throughout the world from payment risks associated with selling products and services on credit. Atradius is a company of Grupo Catalana Occidente, one of the leading Spanish insurance entities, listed on the Spanish stock market.

http://www.atradius.com

©2012 PR Newswire. All Rights Reserved.

  • Local NewsLocal NewsMore>>

  • Neighbor Calls Cops Because Of Suspicious Vehicle, Two Men In Jail

    Neighbor Calls Cops Because Of Suspicious Vehicle, Two Men In Jail

    Madera sheriff's deputies arrested two men with stolen property in their pickup after neighbors called in a report of a suspicious vehicle near Avenue 9 and Road 35.More >>
    Madera sheriff's deputies arrested two men with stolen property in their pickup after neighbors called in a report of a suspicious vehicle near Avenue 9 and Road 35.More >>
  • Three Businesses Destroyed By Suspicious Fire In Downtown Fresno

    Three Businesses Destroyed By Suspicious Fire In Downtown Fresno

    Firefighters were called to a large fire in Downtown Fresno Monday night. The fire destroyed a building south of Ventura, along the railroad tracks that are parallel to Santa Fe and Parallel Avenues.More >>
    Firefighters were called to a large fire in Downtown Fresno Monday night. The fire destroyed a building south of Ventura, along the railroad tracks that are parallel to Santa Fe and Parallel Avenues.More >>
  • Shorter Work Week Proposed

    Shorter Work Week Proposed

    How would you feel about only working three days a week? One of the world's richest people now says we should *all* be doing it. Mexican telecom billionaire Carlos Slim is now recommending a shorter work week. He announced his idea at a business conference in Paraguay. But there's a catch. The three–day work week would be offset by longer work hours. Slim proposes an 11 hour work day, and a later retirement of age 70 or 75. He thinks having four days off would boost productivity and improve q...More >>
    How would you feel about only working three days a week? One of the world's richest people now says we should *all* be doing it. Mexican telecom billionaire Carlos Slim is now recommending a shorter work week. He announced his idea at a business conference in Paraguay. But there's a catch. The three–day work week would be offset by longer work hours. Slim proposes an 11 hour work day, and a later retirement of age 70 or 75. He thinks having four days off would boost productivity and improve q...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.