If an agreement does not work out, the best way for everyone is to part. Even the most talented employee is not worth the demotivation of the whole team.
Nevertheless, the final decision must be made taking into account information from two sides, and only after you have plunged into the situation as much as possible and figured it…

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Reduce business expenses - a way to increase profits
So, dear undertook, we got to the fifth, last in our list of ways that increase profits in our business. This will reduce costs in your business. Prior to this,…

Continue reading →

Reduce business expenses - a way to increase profits
So, dear undertook, we got to the fifth, last in our list of ways that increase profits in our business. This will reduce costs in your business. Prior to this,…

Continue reading →

provisions

Force Majeure Recognition Procedure

If, among the possible list of force majeure, the contract indicates “extraordinary circumstances”, “epidemics”, “actions of authorities”, “acts of authorities”, etc., this should be sufficient to initiate the procedure for recognizing coronavirus as force majeure and apply its consequences.

Schematically, the procedure may look like this:

1. A party for which it has become impossible to fulfill its obligations under the indicated circumstances shall be obliged to notify the other party of the occurrence of force majeure within the time limit and in the manner specified in the contract. Continue reading

Factors Affecting Business Development
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