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What is corporate finance?

06/27/2023 | By: FDS

Corporate finance refers to the different types of funding sources a company can use to raise capital for its operations. It is about how a company meets its financial needs to fund its operations, enable growth, or make investments.

There are different types of business financing, including equity financing and debt financing. Equity financing refers to the funds a company raises from its own resources, such as by selling stock or retaining profits. Debt financing refers to the funds a company obtains from external sources such as banks, investors, or bondholders.

Corporate finance also involves evaluating a company's financial position, deciding on the best financing option, and managing the company's finances to ensure it remains financially sound and can meet its obligations. Effective corporate finance is critical to a company's success and can help it achieve its goals and grow over the long term.

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What's a no-go when looking for a job?

06/26/2023 | By: FDS

A job search "no-go" is a behavior or action that is viewed negatively by potential employers and reduces the likelihood of a successful application. Here are some examples of no-go's in the job search:

Unprofessional appearance: Dressing inappropriately or behaving rudely and disrespectfully toward hiring managers can leave a bad impression.

Inadequate preparation: If you have not done enough research on the company or have no idea about the position you are applying for, this shows a lack of interest and commitment.

Poor application documents: spelling mistakes, unclear CV or an unsuitable application photo can lead to the application being sorted out before the potential employer even has a chance to get to know the candidate better.

Lies or exaggerations: Honesty is critical in application processes. Playing up qualifications or making up experience will usually come to light sooner or later and can lead to a loss of trust.

Unprofessional online presence: employers these days often search online for information about applicants. Sharing inappropriate or unprofessional content on social media or posting negative comments about previous employers or colleagues can hurt an applicant's reputation.

Lack of communication: not responding to messages or calls from the potential employer or not meeting deadlines shows disinterest or a lack of reliability.

Arrogant behavior: Acting arrogant or overbearing during the job application process, such as by belittling other applicants, is rarely well received.

It is important to behave professionally, honestly and respectfully during the job search in order to have the best chance of a successful application.

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Why should you found a company in Rostock?

06/26/2023 | By: FDS

There are several reasons why you should incorporate in Rostock. Here are some possible advantages:

Good infrastructure: Rostock has a well-developed infrastructure, including a modern port, an airport and a well-connected road and rail network. This facilitates the transportation of goods and provides good access to national and international markets.

University and research institutions: The University of Rostock and other research institutions offer access to qualified specialists, innovative ideas and research cooperation. If your start-up is based on research and development, you can benefit from cooperation with these institutions.

Economic diversity: Rostock has a broad economic base with various industries such as shipbuilding, maritime business, tourism, information technology, biotechnology and food industry. This creates a diversified business environment and offers opportunities for different types of companies.

Attractive place to live: Rostock is an attractive city to live and work in. The city offers a high quality of life with a wide range of cultural activities, a beautiful old town, beaches and lots of greenery. This can help attract qualified professionals and retain employees in the long term.

Funding programs and support: There are various funding programs and support services for business start-ups in Rostock and the region. This can include financial support, consulting services and networking opportunities that can help you start and grow your business.

Of course, when making a start-up decision, you should also consider individual factors such as the industry in which you want to operate, the target group, the availability of skilled workers and potential competitors. A careful market analysis and location assessment are therefore important in order to make the best decision for your specific start-up situation.

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Create encumbrance - What to pay attention to

06/26/2023 | By: FDS

A specification is a document that defines the requirements and specifications for the development of a product, system or service. It is usually created by a client or customer and serves as the basis for the development process.

The requirements specification describes in detail which functions, services and properties the product to be developed should have. It specifies which requirements must be met so that the final product meets the needs and expectations of the client. The document often includes technical specifications, interface requirements, performance characteristics, safety requirements, quality standards, and other relevant information.

A specification document is an important communication tool between the client and the development team. It provides a clear and consistent understanding of what is expected and serves as the basis for further planning, development, and implementation of the project. It ensures that both the client and the contractor have a common understanding of the requirements and facilitates the evaluation of the finished product in terms of meeting the defined criteria.

It is important to note that a requirements specification is often created in collaboration between the client and the development team to ensure that the requirements are realistic, actionable, and understandable.

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Business Location Rostock - What Opportunities Does the Baltic Sea Region Offer?

06/23/2023 | By: FDS

Rostock has developed into an important business location in northern Germany in recent decades. The city is an important port for freight and passenger traffic on the Baltic Sea and a major location for the maritime industry. Shipyards, shipping companies and suppliers to the shipbuilding industry are located here.

Rostock is also an important hub in the logistics industry. The port has modern infrastructure and good transport links via road, rail and waterways. Goods from Scandinavia, Russia and other Baltic Sea states are transshipped here and transported onward.

Another important industry in Rostock is tourism. The city attracts many visitors every year who enjoy the historic old town, the beaches on the Baltic Sea and cultural events. There are numerous hotels, restaurants and recreational facilities that provide jobs.

The University of Rostock also contributes to the city's economic development. The university is one of the oldest in Germany and has a good reputation in research and teaching. Innovative ideas and technologies are developed here that drive the economy in the region.

Overall, Rostock as a business location offers a good infrastructure, a favorable location on the Baltic Sea and a wide range of industries and companies. The city is an important driver of economic development in Mecklenburg-Vorpommern and contributes to the creation of jobs and prosperity in the region.

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