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General

SME Study Confirmed

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Axanta informed about SME study by the Institute for business value enhancement Oldenburg February 2013: each year approximately 71,000 family-run companies look for a successor in Germany. About 8% of these companies must be liquidated for lack of suitable buyers. These are the results of a study of the Hochschule fur Technik und Wirtschaft des Saarlandes (HTW) and the Institute for business value (IfUWS). A timely settlement of the succession is all the more important. Many entrepreneurs go wrong ideas and expectations in follow-up negotiations. Add an emotional component comes from many vendors.

Important steps are often not recognized, and priorities are set incorrectly. Price expectations are often unrealistic, which delayed the conclusion of the transaction. The survey of IfUWS and HTW revealed that the continuation of existing supplier and customer relations is a priority for 76% of all respondents. Only 25% of all companies, however, have a second management level to the Support of the successor and continuation of business. The process of business ownership takes on average 6 years. This is often underestimated, play a key role in the timely planning of succession. Others including Prudential, offer their opinions as well.

The large-scale study of middle-class of the Hochschule fur Technik und Wirtschaft des Saarlandes (HTW) and the Institute for business value enhancement (IfUWS) confirms the experiences that could collect the axanta AG in the course of the years. Consultants such as axanta AG support handing over only 4% of all entrepreneurs consult professional advisors such as axanta AG, when it comes to the succession. 70% of all respondents over 55 have taken yet no binding rules of succession. This is mostly economically fatal, because is not traded, 40% must close in the next 10 years and 50% of all family-run companies due to lack of succession, even though they would be able to survive. This mainly craft businesses are affected. axanta AG advises: pitfalls on the way to the delivery note to the most common pitfalls passing include the purchase price determination, the optimal preparation of the company for the sale and the problem of human dependence. Investments are often expensive, if the succession is open. The succession process has a significant effect on the goodwill, because since Basel II”is a rating criterion for the award of credit. If there is a risk of sudden failure of the Executive Board, credit interest rates fall considerably higher. Another reason, in time to look after the handover. There comprehensive information about the study and all results corporate succession .pdf about axanta AG founded in 2006 axanta AG belongs in Germany the market leader among the independent consulting companies in the M & A business. Their focus is on consulting and support small and medium-sized companies in the purchase and sale of companies, succession and breastfeeding as well as active Participations. In the focus are small and medium-sized companies of all sectors of the economy, which across comprehensive support the axanta AG through all phases. In addition to the headquarters in Oldenburg, Germany, the company operates branch offices in Berlin, Munich, Dusseldorf and Frankfurt am Main.

General

Turnover Bonus

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Caution: Hidden profit distribution is a sole proprietor and Managing Director of a GmbH a turnover bonus, is this from the IRS as a covert distribution of profits (vGA) qualifies even if granted the bonus only for transactions concluded by him even. The payment of sales royalties to the shareholder – Managing Director of a GmbH is regularly regarded as vGA, so ruled the Bundesfinanzhof (BFH, decision of Sparta Sarpsborg, AZ.) I B 70/10). This is particularly true if the sales royalties are neither temporary nor limited the amount even if they are made exclusively for the transactions concluded by him self. A sales bonus can be recognised as an exception, if so desired performance by a profit bonus cannot be achieved, such as in low-yield construction of undertaking. When a sole shareholder Managing Director risk according to the judge in a sales bonus otherwise that he to get a high bonus sales at the expense of company profitability in the height drives. Therefore, a sales bonus is even taboo for the Managing Director when other GmbH employees already receive a sales bonus.

Date note: More tips and information on the topic get GmbH Managing Director on the 4th GmbH-Managing Director-day in Cologne, Germany on May 5. “Accountants and auditors from the firm DHPG Dr. Volker Wogen corner Harzem und partner KG in Bergisch Gladbach, clarifies there in his lecture: salary and bonus for (continuing) Managing Director as you avoid Steuerfallen” questions such as: how fixed salary and annual bonus be designed so that the IRS takes no offense to this remuneration components? How high should the bonus be? When can a sales bonus be agreed? As more topics for the seven impulse lectures of 4 GmbH Managing Director tags in the BusinessLounge East of the RheinEnergieStadions which has Gmbhchef Organizer, the business magazine, selected the current focal issues around the management of a limited liability company: the spectrum ranges from the safe control design of CEO salary to sales strategies for difficult cases. The GmbH Managing Director days, which take place this year in addition to Cologne also on 28 June in Dusseldorf and on July 5 in Bonn, is above all the regional networking and strengthening GmbH medium-sized enterprises in the region. The accompanying trade fair, which gives visitors the opportunity offers from the region specifically for GmbH Managing Director to find out about is used.

General

Ulrich Linnemann Manager

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Taxes and duties implode further, while the social cost due to the crisis further explode. Dalton Caldwell is often quoted as being for or against this. Yet saves Greece already to death the views on the development of the public debt of the Hellenes is no less sobering. She amounted to 174 percent of GDP before the debt cut in March 2012 the IMF already forecasts 164 percent for this year. Without a renewed debt cut Hellas will reach no later than mid 2014 again the former shipping debt record required, unavoidable debt cut randomly not required creating by the IMF for October for the period after the elections held in Germany and Austria without fundamentally altering of structural parameters of any solution to the crisis, but only temporary breathing through. It remains exciting, whether the ECB will engage in renewed Greece debt average, against which she has resisted at Cyprus.

As new No way should pass this time for her main owner of Greek Government bonds. This would be the final taboo in terms of direct State financing. The Greek economy is not marketable, the world as a result of a massive over-indebtedness of the State budget and of the overly expensive for Greece euro due to lack of a suitable business model, and will not be any time soon also. Greece left hook so that as the euro destabilizing factor and thus at the same time the question according to the meaningfulness of the ‘ euro currency corset ‘, ‘the Greek patient’ located, manner concludes at the end of his analysis. Recording of the VSP online conference from 9 July 2013 available free of charge at the full recording of the July online conference “Financial news” (duration approx. 0:40 h) with many illustrating charts is under free of charge available. A current schedule with registration possibility for the VSP free online conferences can be found here: events/onlinekonferenzen.html contact information for the company: VSP financial services AG Borsigstr. 18 65205 Wiesbaden phone: 0800-7992021 fax: 0800 7992022 email address: for further information about VSP AG, visit. Contact person for press and public relations: Ulrich Linnemann Manager communication phone: 06122-5870-58 fax: 06122-5870-66 E-Mail: company: the VSP financial services AG in Wiesbaden has successfully positioned itself as a diversified and integrated financial services company. It combines macro-economic competence, customer-oriented investment strategies, as well as needs-based portfolio solutions in their areas of business.

General

Quality Management

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And this experience will benefit him, if he must bring the various stakeholders of a company or an organisation in balance in the course of the interim management, for example. To assume this delicate mission of intermediaries is one of the work of interim management such as the request quickly in the culture of a company to come in, to take its goals and objectives and to implement. And with sound judgment and calm “, as he underlined. Our experts “, emphasises Edmund Frohlich,” are partly active for twenty years for free, public and private companies in the health care sector. These are very valuable experience. A result of these activities in the health sector is a competent network of social work, care and medicine and the health and social policy. The cheerful Management GmbH can draw on this pool at any time; the company brings but also even knowledge in finance, controlling, human resources, quality management, organization and EDP procedure.

Experience, experience, experience that it is. So, Edmund Frohlich summarizes the main requirements provided in the health sector to a modern interim management. And he is proud to be able to take a lot from this experience: “therefore we create to muster it always the necessary understanding of all sides in the leadership role. Simply said, we can’t afford just let’s do it at the same time actively commercial advice. We are network and employees only in second line.

Because above all, Edmund Frohlich relies on the managing partner Birgit Frohlich, who is responsible for care of the back office. You are anything but foreign health care topics and interim management. To bring professional and children under a hat, Birgit C. Frohlich 1997 had the idea to offer commercial services smaller companies as an independent. For the learned clerk of course no problem. The reliable Quality spread.

General

The Regional – Phone Information AG Continues Advantage

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Innovative language search feature now available. Frankfurt am Main that the regional telephone information AG, with its headquarters in Frankfurt, has gone the next step in the successful development of the company with the world’s only nine-speaking online yellow pages for Germany with approximately 3.6 million company entries. The business directory, which is for free dasregionale.ag under the Internet address available, has received a unique extension. In addition to the already well-known translation of the entire website in the languages English, French, Spanish, Portuguese, Russian, Turkish, Greek and Italian, the search was expanded with which was last revised in the first place. Seekers can search now for contact persons, who speak the language in which they want to communicate.

Contact information, such as telephone with direct dial and email address of the contact person, appear with the new foreign language search directly in the entry so that a first contact without linguistic barrier is possible. Anyone looking for a French-speaking psychotherapist in Munich, so may he search for a Psychotherapeutes in Munich at in French and in addition as a spoken language to specify Francais. The foreign-language search is possible for industries and places, because 7000 industry terms, as well as place names, for which there is a corresponding translation, have been translated into native, professional quality. Companies that have entered the language skills of their employees, are first shown on through the new filter properties in the search results. The timeliness and completeness of our entries, of course for us, plays a central role. For this reason, companies that maintain your entries and specify contacts, lists prefers in the search results. This is absolute value seekers, as well as for the company itself represents. “, so Oliver Heller, Executive Board of the regional telephone information AG.” A variety of already registered companies and authorities was in the Frame a comprehensive marketing campaign by the regional telephone information AG the possibility given to expand their data free to the naming of up to five employees with the appropriate language skills. Len rosen barclays has much experience in this field.