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"The Corporate Entrepreneurship" program successfully launched in Bulgaria

On October 6th Ascent Group Bulgaria held in the Radisson Hotel Sofia a seminar under the theme "The Crisis Age of Enterprise", which was delivered by Mr. Larry Farrell - globally recognized authority on entrepreneurship.

Mr. Farrell has a wide and diverse theoretical and practical background - Peace Corps Volunteer, University of California Law School, Harvard Business School, Vice President at American Express in New York, President of Kepner-Tregoe in Princeton, NJ, board member of The Economic Development Society in the USA, and The Journal Of Strategic Change in London. He is also a regular columnist for The Conference Board Review, the magazine of The Conference Board in New York City read more»

Bulgaria – now even easier to start-up a business!

Bulgaria is trying to become more and more attractive for investors. One of the most recent changes in the Bulgarian legislation, voted on 02.10.2009 decreased the minimum start-up capital for the limited liability companies from BGN 5000 to BGN 2, a symbolic amount, representing the equivalent of 1 euro.

By applying this measure it’s considered that the level of entrepreneurship in Bulgaria will increase. The Bulgarian Government is aiming to stimulate young people's wish and desire to become entrepreneurs, considering that “entrepreneurs who are capable of an idea to make a successful business are the lifeblood of any economy and a key factor in creating jobs, growth and competitiveness of the economy”.

The principle of "Think Small First" is recommended also by the European Commission to member states to adjust local legislation in order to minimize administrative barriers to small businesses and create favorable conditions for its emergence and development.

Position versus salary

What is more important? The position you have in a company or the salary?
The fact that on our business card is written manager or director, or the hundreds of euros with which we can get the car or the house of your dreams?

Normally a good salary comes with an important position. But this assumption is not generally valid. It may happened to have a satisfactory salary and a less pleasant position. So, how many of us put into balance the importance of the money and of the position? And, if so, what is the result? read more»

The crisis age of enterprise

2009-10-06 10:00
Europe/Bucharest

Register here!

In the difficult moments and time of crisis, we all think every day, how to make our businesses stronger, how to improve and even hold the enterprises.

We often find advices for crisis management, search for tools and new approaches, which will give us the faith that we can continue without sacrificing our plans.

It is difficult, but we have to move on without stopping and benefit from the time and use all possible opportunities for success.

Ascent Group Bulgaria together with Ciela soft & publishing has the unique opportunity to invite you to meet face to face with the world guru in the field of entrepreneurship Larry Farrell in a half day seminar, under the theme The crisis age of enterprise. read more»

Outsourcing: the perfect solution to reduce costs

When the leitmotif of the current economic context has become "cost reduction / cost optimization”, an important solution for any company that wants to survive on the market is to outsource certain services that are not related to its core activity, such as: IT services, finance & accounting services, legal and human resources: recruitment, personnel leasing, training, payroll services and personnel administration.

Why is outsourcing an important solution to reduce and optimize costs?

I tried to illustrate below some of the main arguments: read more»

The meal ticket - 8.72 lei starting with September 2009

Meal tickets can be offered to employees by any kind of company, they are tax deductible and exempt from taxes and social charges.

If so far, including the month of August 2009, in Romania the value of a meal ticket was 8.48 lei/month, starting with September 2009, a ticket will have the value of 8.72 lei.

In the Official Gazette nr.547 from the 6th of August 2009, was published the Order of the Ministry of Labour, Family and Social Protection (MMFPS) no. 1.444/2009 for establishing the nominal value of a ticket for the second half of 2009, which approves the new value of the ticket since September 1, 2009.

It is good to know that the law 142/1998 who regulates the meal tickets regime provides the twice a year indexation of the value of these vouchers. The nominal value of the meal tickets is indexed every six months with the consumer price index of alimentary goods.

The performance as assistant manager, open training, Bucharest

2009-09-29 10:00
2009-09-30 17:00
Europe/Bucharest

How to be an efficient assistant manager...

The assistant manager has an important role in the company being a close collaborator of the manager. For this reason, the assistant manager education must be comprehensive to cover various knowledge of communication, protocol, marketing, management, accounting, computer science, law.

The particularities that an assistant manager must have are: a metabolism that seems to improve under pressure, an instinct to make order in chaos, the ability to solve tough problems without supervisory, the skill to deal with the most difficult people (including your boss). read more»

The Companies may now request to postpone the payment of the taxes and social charges

The Romanian Government published on 23rd of July 2009 the implementing rules of the Emergency Ordinance 92/1009 for postponing the payment of unpaid tax obligations on time, due to the effects of economic and financial crisis, determining the framework within which companies may benefit from delaying the payment of the taxes. The provisions of GEO no. 92/2009 shall apply until 30rd of June 2010.

The legal provisions refer to the payment of the tax obligations administered by ANAF: taxes, fees, contributions and other amounts due to general budget, and increases for the delay in respect thereof.

Conditions for the benefit of payment postponing

To qualify for postponing the payment of the taxes, taxpayers must fulfil the following cumulative conditions: read more»

Flat tax, what we gain from it?

As the global economic crisis was not enough for our economic situation, 2009 dealt a hard blow to all Romanian companies that are income tax payers, introducing a flat rate tax starting with 1st of May.

Due to this new legal provisions, each legal person has to pay a mandatory minimum income tax. In more concrete and less formal terms, "you must pay, no matter what". The reason why is very simple in the opinion of the people who proposed and voted this tax application law: read more»

Ascent Group - partner of the project Start Internship

Ascent Group supports this year, as partner, the START Internship program, developed in Romania by Junior Achievement.

In today's labor market, students are hardly dreaming of a career and graduates have already entered into the race for getting a job. But their success depends very much on the practical skills and knowledge they learned. And unfortunately Universities in Romania offers still too few opportunities for students to get in contact with what is happening in the concrete business. read more»

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