Strategic Planning in the Czech Republic

Jack Prot

In developed market economics, well-managed businesses are expected to all have a strategic plan; whereas, in the Czech Republic (country in the middle of Europe with exciting history as well called as ‘heart of Europe’; capital Prague; population 10.5 million; area 78,864 sq km) and the rest of the post-communist […]

Understanding the Scope of Business Analytics

Jack Prot

Business Analytics Business analytics is a wide area that covers the analysis of data using operations research and statistical analysis. It also has to do with the formation of predictive models and application of optimization techniques. The results are then conveyed to the executives, the business partners, and the customers. […]

Menu Planning – Major Time and Effort Saver

Jack Prot

Motto: If you fail to plan, you plan to fail. How do you react when you hear the “what’s for dinner” question? Do you smile, or do you look wearily at your family and give them what you’ve just cooked, too tired to eat yourself? Do you think with resentment […]

Employee Stock Ownership Plans in Business Succession Planning

Jack Prot

Small business succession planning is a major challenge and opportunity for community economic development. There are significant and some negative tax consequences following the death of an owner without a succession plan. The sale of existing businesses, even if successful, could result in relocation of the business, dissolution by competitors, […]

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