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  • Hub You - Investing in the Czech Republic - Outside of Prague - Part 2: Olomouc Property

    How to Boost Your Business With Testimonials
    Networking is my favorite, low-cost marketing tool. However, a large number of people often find it a challenge to get results and turn prospects into clients, simply by networking.So here is another very effective marketing tool that requires no skills, can be applied to your business immediately and will help you to gain many new clients.Simply get testimonials from your current clients!Testimonials from satisfied customers are typically the best way to promote your business. And it doesn’t cost you a thing. So, stop selling and let your clients and raving fans do it for you.Contact your best clients, since they already know you, appreciate and value your products and services. Most likely they will be happy to help you and provide you with a testimonial that praises your products and services.Be sure to
    ntry) / Business Activity / Year /Employees (2004)
    Nestle Cesko, s.r.o. (Switzerland) /  Production of chocolate and chocolate candies /  1992 /  800
    Foundeik, s.r.o. (Spain) /  Foundry /  2000 /  215
    M.L.S. Holice, spol. s.r.o. Group Leroy (Fra
    Investment Techniques For Creating Passive Income
    There are many wealth creation strategies and investment techniques available to those who are looking to create a passive income. These fall into three main categories. Running a business, investing in property and investing in the share market. Although there are many options in each of these areas, finding the right wealth creation strategy for you is not that hard.The formula for Wealth Creation is relatively simple. In order to increase your wealth, you need to increase your wealth generating activities. Most of us start out trading our time, for money. We get paid an hourly rate for doing a certain job. The problem with this is that in order to increase your income, you usually need to increase the amount of hours you sell to your employer or clients. Which in turn reduces the amount of time you have to spend on yourself, your f
    Olomouc is an excellent choice for real estate investors and following is a profile of the city. Those of you who have read my newsletter before know my dispassionate style of presenting things so here are the facts on Olomouc as they may affect investors…

    Area: 103.36 km2
    Population (latest data December 31, 2003): 101,268

    Distance from important European and Czech cities:

    City / kms
    Brno /  76
    Ostrava /  100
    Prague /  277
    Vienna /  198
    Bratislava /  197
    Warsaw /  474
    Budapest /   389
    Berlin /  500
    Paris /  1 302

    Average monthly salary for Olomouc region (2003): 15 491 CZK
    Average monthly salary for Czech Republic (2003): 17 445 CZK
    Average monthly salary for Czech Republic (2005 2nd Q): 18 763 CZK

    Education: 16% of residents in Olomouc have University level education

    Average temperature in January: - 2°C to -4°C
    Average temperature in July: 15°C to 19°C


    Foreign Investors in Olomouc
    (by no means comprehensive, only a sampling)

    Investor (Country) / Business Activity / Year /Employees (2004)
    Nestle Cesko, s.r.o. (Switzerland) /  Production of chocolate and chocolate candies /  1992 /  800
    Foundeik, s.r.o. (Spain) /  Foundry /  2000 /  215
    M.L.S. Holice, spol. s.r.o. Group Leroy (Fran
    What To Do If You Need Help With Your Taxes
    Each year there are millions of individuals who make the decision to prepare and file their own taxes. While the majority of individuals can successfully prepare their own taxes there are a number of other individuals who many need some help. Getting help with your taxes is something that regularly occurs and there are a number of ways to get that help.Getting helping with your taxes is a fairly easy process that is likely to depend on the type of help that is needed. There are many taxpayers who have a simple tax question. That question may include what type of status they should file under, what type of tax credits they qualify for, and if they can claim any tax deductions. These types of tax questions are fairly simples ones. It is possible for many taxpayers to determine the answer for their questions all on their own with a
    m2
    Population (latest data December 31, 2003): 101,268

    Distance from important European and Czech cities:

    City / kms
    Brno /  76
    Ostrava /  100
    Prague /  277
    Vienna /  198
    Bratislava /  197
    Warsaw /  474
    Budapest /   389
    Berlin /  500
    Paris /  1 302

    Average monthly salary for Olomouc region (2003): 15 491 CZK
    Average monthly salary for Czech Republic (2003): 17 445 CZK
    Average monthly salary for Czech Republic (2005 2nd Q): 18 763 CZK

    Education: 16% of residents in Olomouc have University level education

    Average temperature in January: - 2°C to -4°C
    Average temperature in July: 15°C to 19°C


    Foreign Investors in Olomouc
    (by no means comprehensive, only a sampling)

    Investor (Country) / Business Activity / Year /Employees (2004)
    Nestle Cesko, s.r.o. (Switzerland) /  Production of chocolate and chocolate candies /  1992 /  800
    Foundeik, s.r.o. (Spain) /  Foundry /  2000 /  215
    M.L.S. Holice, spol. s.r.o. Group Leroy (Fra
    When to Buy and Sell Land in California
    When does California land increase in value?What happens when you own California land and the population around it rises? It means new jobs are coming into the area. What else? Money is going into the local economy. New infrastructures are grabbing their blue suede shoes and jumping onto the real estate dance floor including business centers, manufacturing industries and energy plants. Surrounding California homes, schools, parks, hospitals, and shopping malls are blossoming! As the local economy expands recreational centers emerge such as golf courses and theatres. Artists then depict the convergence of old local customs and new city styles and guess what? You make money! Not only is being in the middle of this California land development exciting, but most importantly, you stand a good chance of making money on your land fo
    est /   389
    Berlin /  500
    Paris /  1 302

    Average monthly salary for Olomouc region (2003): 15 491 CZK
    Average monthly salary for Czech Republic (2003): 17 445 CZK
    Average monthly salary for Czech Republic (2005 2nd Q): 18 763 CZK

    Education: 16% of residents in Olomouc have University level education

    Average temperature in January: - 2°C to -4°C
    Average temperature in July: 15°C to 19°C


    Foreign Investors in Olomouc
    (by no means comprehensive, only a sampling)

    Investor (Country) / Business Activity / Year /Employees (2004)
    Nestle Cesko, s.r.o. (Switzerland) /  Production of chocolate and chocolate candies /  1992 /  800
    Foundeik, s.r.o. (Spain) /  Foundry /  2000 /  215
    M.L.S. Holice, spol. s.r.o. Group Leroy (Fra
    Curbing Low Morale
    Q: I am the office manager of a small insurance firm. I have been here nine months and have noticed that our work environment seems pretty poor. Some of our employees do not seem very motivated, don’t care about their jobs or have bad attitudes. This is not the case for all of us but for many. What can be done about this situation?A: How do you motivate employees? How do you keep them engaged in their jobs? There are thousands of books and management theories written on this topic. This is a serious, perplexing issue for many managers and there can be a tendency to look for quick fixes and short term responses, which seldom work.Work cultures characterized by low morale and unmotivated, disengaged employees result in serious waste, inefficiencies, low productivity and turnover. Unfortunately, t
    f residents in Olomouc have University level education

    Average temperature in January: - 2°C to -4°C
    Average temperature in July: 15°C to 19°C


    Foreign Investors in Olomouc
    (by no means comprehensive, only a sampling)

    Investor (Country) / Business Activity / Year /Employees (2004)
    Nestle Cesko, s.r.o. (Switzerland) /  Production of chocolate and chocolate candies /  1992 /  800
    Foundeik, s.r.o. (Spain) /  Foundry /  2000 /  215
    M.L.S. Holice, spol. s.r.o. Group Leroy (Fra
    Annuities - Equity-Indexed Annuities - There Are Better Growth Alternatives
    Everybody wants to find the secret to investing on Wall Street. But the truth is, you don’t have to be a genius to be a successful equity investor. And you don’t have to lock your money into restrictive investments like equity indexed annuities (EIAs), either. In this article I’ll explain several growth oriented investments that I feel are far better than an EIA.This article is one in a series of articles on EIAs.The opportunity for growth in an EIA is based on the performance of an index. When someone invests in an EIA, they typically have several different indexes they can choose from. An index is simply a means of tracking a group of investments. Typically, EIAs will offer indexes that track the S&P 500, the NASDAQ or the bond market.EIAs restrict your growth opportunity. Most place a limit on how much you can earn in
    ntry) / Business Activity / Year /Employees (2004)
    Nestle Cesko, s.r.o. (Switzerland) /  Production of chocolate and chocolate candies /  1992 /  800
    Foundeik, s.r.o. (Spain) /  Foundry /  2000 /  215
    M.L.S. Holice, spol. s.r.o. Group Leroy (France) /  Production of alternators; sale, maintenance and repairs of rotating electric motors /  1922 /  770
    Mora Aerospace, a.s. (USA) /  Development, designing, production, testing, maintenance, repairs, modifications and construction changes of the aviation technique /  1999 / 640
    Mora Moravia a.s. (Slovakia, Hungary) /   Manufacture and sale of cooking technology appliances / 1996 /  640
    Senior Automotive Czech, s.r.o. (UK) /  Production of shaped aluminum and steel pipes for the automotive industry / 2001 /   260
    SIWE, a.s. (Austria) /  Production of forming, cutting and bending tools /  1992 /  143
    TIMKEN Ceska Republika, s.r.o. (USA) /  Production of needle and roller bearings for automotive and engineering industry /  2001 /  523
    Skanska DS, a.s. (Sweden) /  Construction of motorways, city roads, parking areas; construction and reconstruction of bridges, sewage systems /  1954 /  185
    Exerion Precision Technology Olomouc, s.r.o. (Netherlands) /  Metalworking and assembly of metal-frame structures and functional modules /  1998 /  110

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