Top 5 advantages and disadvantages of AG, GmbH, OHG, KG and sole proprietorship at a glance

Top 5 advantages and disadvantages of AG, GmbH, OHG, KG and sole proprietorship at a glance

When setting up a company in Germany, choosing the right legal form is crucial. Different company forms such as AG, GmbH, OHG, KG and sole proprietorship each have specific advantages and disadvantages that need to be taken into account. The decision affects not only liability and tax aspects, but also flexibility in business activities. According to a study by KfW, almost every structure has its own challenges: around 50 % of [...]

Top 5 advantages and disadvantages of AG, GmbH, OHG, KG and sole proprietorship at a glance Read more »

Photo Sensor data

Predictive maintenance: Effective maintenance

Predictive maintenance is a strategic approach to maintaining machinery and equipment that aims to predict and prevent potential failures before they actually occur. This method uses data analyses and modern technologies to continuously monitor the condition of equipment. In contrast to reactive maintenance, in which measures are taken after a failure, or preventive maintenance, which is based on set time intervals, predictive maintenance makes it possible to

Predictive maintenance: Effective maintenance Read more »

Photo Financial statement

Lease accounting: new rules and effects

Lease accounting is a key aspect of accounting that is of great importance to companies. It refers to the way in which leases are recognised and reported in a company's financial statements. Leasing is a widely used form of financing that allows companies to utilise assets without acquiring them directly. This can be particularly beneficial for companies that want to preserve their liquidity while gaining access to modern technologies.

Lease accounting: new rules and effects Read more »

Critical analysis: Are the costs of CAFM systems justified?

Critical analysis: Are the costs of CAFM systems justified?

The cost of CAFM (Computer-Aided Facility Management) systems is a hotly debated topic in the facility management community. At a time when companies are looking to optimise their operating costs while working more efficiently, the question arises: is the investment in CAFM software and solutions really justified? Studies show that over 70 % of facility managers believe that a well-implemented CAFM solution can realise significant savings in operating costs. Thus reported

Critical analysis: Are the costs of CAFM systems justified? Read more »

Top 10 CAFM software solutions for small and medium-sized companies

Top 10 CAFM software solutions for small and medium-sized companies

In today's dynamic business world, small and medium-sized enterprises (SMEs) face a variety of challenges in facility management. Efficient property management, optimising maintenance processes and ensuring energy efficiency are just some of the aspects that are in focus. One solution that is becoming increasingly important in this context is CAFM (Computer-Aided Facility Management) software. According to a study by ResearchAndMarkets, the market for CAFM software is set to grow by 2027

Top 10 CAFM software solutions for small and medium-sized companies Read more »

Unconventional CAFM strategies that facility managers should know about

Unconventional CAFM strategies that facility managers should know about

In the dynamic world of facility management (FM), it is crucial to stand out from the crowd and integrate innovative approaches. Unconventional strategies can help to not only increase efficiency, but also improve employee and user satisfaction. One way to achieve this is to integrate modern technologies such as Internet of Things (IoT) and data analytics into your CAFM management. These technologies enable more accurate monitoring of

Unconventional CAFM strategies that facility managers should know about Read more »

The role of IoT sensors in a connected world

The role of IoT sensors in a connected world

In an increasingly connected world, IoT sensors play an important role by bridging the gap between the physical and digital worlds. These sensors are able to collect data from their environment and transmit this information to other devices or systems via the internet. As a result, they enable a variety of applications ranging from monitoring environmental conditions to automating processes. The importance of these

The role of IoT sensors in a connected world Read more »

The 10 most common accounting mistakes and how to avoid them

The 10 most common accounting mistakes and how to avoid them

Accounting is the backbone of any business, regardless of its size or industry. Not only does it allow you to record all financial transactions, it also ensures that you fulfil your tax obligations and base strategic decisions on sound data. According to a survey conducted by the German Association of Tax Consultants, over 40 % of companies state that they have already suffered significant financial disadvantages due to accounting errors. But despite

The 10 most common accounting mistakes and how to avoid them Read more »

10 surprising benefits of CAFM software that you didn't know about

10 surprising benefits of CAFM software that you didn't know about

In today's world, where technology and efficiency are the name of the game, the importance of CAFM (Computer-Aided Facility Management) software is often underestimated. Many may think that this software only offers precise planning of maintenance work or the management of room utilisation. But far from it! There are numerous surprising benefits that can help you optimise your facility management processes and save time and money in the process. We have compiled 10

10 surprising benefits of CAFM software that you didn't know about Read more »

Comparison: CAFM vs. traditional facility management methods

Comparison: CAFM vs. traditional facility management methods

The world of facility management has developed rapidly in recent years, and with it the methods used to manage buildings and facilities. Traditional facility management methods, often characterised by paper documentation and manual effort, stand in stark contrast to modern solutions such as computer-aided facility management (CAFM). These new tools not only offer centralised data management, but also an increase in efficiency, which is crucial in a time of rising costs.

Comparison: CAFM vs. traditional facility management methods Read more »

Digitalisation in the German healthcare sector

Digitalisation in the German healthcare sector

Digitalisation has initiated a far-reaching change in the German healthcare system in recent years. It enables more efficient patient care, improves communication between players in the healthcare sector and promotes the development of innovative treatment methods. Digital technologies allow medical data to be recorded, processed and analysed more quickly, leading to better diagnostics and treatment. The introduction of electronic patient records, telemedicine and digital health applications has the potential to significantly improve the quality of medical care.

Digitalisation in the German healthcare sector Read more »

The dark side of CAFM and SAP: What nobody tells you

The dark side of CAFM and SAP: What nobody tells you

In the world of facility management, CAFM and SAP are two dominant terms that are often mentioned in the same breath. However, while many extol the benefits of these systems, there are also less illuminated sides (perhaps even showstoppers for you) that organisations should be aware of before deciding on a solution. A comparison of "CAFM vs SAP" reveals not only differences in functionality, but also challenges in implementation and

The dark side of CAFM and SAP: What nobody tells you Read more »

What is Facility Service Management?

What is Facility Service Management?

Facility service management is a comprehensive concept that deals with the management and optimisation of buildings and their services. It encompasses a variety of tasks aimed at ensuring the functionality, safety and efficiency of facilities. The integration of various services plays a central role in guaranteeing smooth operation. You can think of facility service management as the backbone of a company that ensures that

What is Facility Service Management? Read more »

LEED vs BREEAM: The most important differences

LEED vs BREEAM: The most important differences

LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method) are two of the best-known certification systems for sustainable construction worldwide. LEED was developed in the USA and has become a leading standard for environmentally friendly buildings since its introduction in 1998. It offers a comprehensive assessment of buildings in terms of energy efficiency, water management, material selection and interior quality. BREEAM, on the other hand, has its origins in the United Kingdom

LEED vs BREEAM: The most important differences Read more »

What is a SWOT analysis?

What is a SWOT analysis?

SWOT analysis is an effective tool that helps both individuals and organisations assess their strategic position by identifying strengths, weaknesses, opportunities and threats. This article highlights the benefits of conducting a SWOT analysis and provides a systematic process to effectively implement this analysis. It includes real-world case studies that illustrate the application of SWOT analysis, as well as recommendations for maximising the results of your analysis. Regardless of whether you are in a

What is a SWOT analysis? Read more »

Photo Gantt chart

The most important tasks of project management

Project management is a crucial part of modern management and plays a central role in the successful realisation of projects in various industries. It involves the planning, execution and control of projects to achieve specific goals within a set timeframe and budget. In a world characterised by constant change and technological progress, the ability to manage projects effectively is becoming increasingly important. Project managers must not only have sound

The most important tasks of project management Read more »

Photo Digital infrastructure

Digital transformation in Germany: opportunities and challenges

The digital transformation has become a key issue in Germany in recent years, affecting not only companies but also society as a whole. At a time when technological innovations are advancing at a rapid pace, it is crucial for Germany to adapt to these changes. The digital transformation involves not only the implementation of new technologies, but also a fundamental change in the way companies

Digital transformation in Germany: opportunities and challenges Read more »

Scroll to Top