Business

Many entrepreneurs who embark on their journey towards running their own business, opt for the simplest business structure, namely a sole proprietorship. The reason behind it is that is it not complicated and involves low start-up expenses, relatively few formalities, low costs and a quick registration process. However, as your business grows, other forms of running it may prove better for you.

Are you a citizen of Ukraine who wants to start a business in Poland ? Do you feel unsure about the conditions that you should fulfil? Check out our Q&A - the RSM Poland's experts prepared short answers for the most common questions and explained everything you need to know before setting up a company in our country.

If a foreign company has a temporary project in Poland or would just like to emphasize its presence on the Polish market, a foreign entrepreneur may consider some alternatives to establishing a company in Poland, namely opening a branch or a representative office of its foreign company in Poland.

In our practice of corporate advisory we often come across a limited liability company limited partnership, i.e. a limited partnership where the general partner is a limited liability company. It is very often the case that the limited partner in such a limited partnership is a member of the general partner’s management board. If it is the case, you need to be careful about the representation of the limited partnership and its general partner, i.e. a limited liability company, in any activities related to the operations of your business.

Whilst browsing the Internet recently, I came across an interesting report dedicated to economic and trade cooperation between Poland and Italy. Among a lot of interesting data referred to in this publication, I paid attention particularly to these relating to the size of Italian companies which invest in Poland.

Business activity is continuously connected with foreseeing the future. It is exactly the future, and not the present conditions that decides about success of any enterprise. Whether the enterprise will turn out to be profitable and succeed on the market will result from its ability to foresee prevailing conditions on a widely understood market in the following years. What growth rate will be like, whether the branch of our interest will have to face aggressive competition, how consumer tastes and attitudes will change, in what legal environment we will have to function? Such questions can be multiplied endlessly. What therefore can we do to improve the quality of formulated economic forecasts, and, at the same time, to increase chances of achieving goals established before we start a business venture?

In today’s post  I would like to share my impressions from a meeting with representatives of A+network Association, in which I participated on 17 April this year in Bologna. The meeting was devoted to Poland and opportunities the country gives to foreign investors, in particular to Italian businesspeople.