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Top 5 advantages of a holding structure for small companies

Even in 2025, choosing the right holding structure will make a decisive difference for small companies. Many entrepreneurs are faced with the challenge of achieving their corporate goals efficiently while minimising risks and optimising their tax burden. A holding company can serve as a strategic tool here, not only to better utilise the legal framework, but also to create numerous synergies within a group of companies. Let's take a look at the five key [...]

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Artists' social insurance: What you need to know

Artists' social insurance is an element of social security for self-employed artists and publicists in Germany. In a professional field that is often characterised by uncertainty and financial fluctuations, this special system offers valuable support. It enables creative people to keep their work in the foreground without having to constantly worry about the financial security of their social needs. The Artists' Social Security Fund (KSK) plays a central role in this by providing administrative and

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The role of DIN 276 in cost accounting for construction projects

When it comes to cost planning in the construction industry, DIN 276 is almost indispensable (as is DIN 277, but that's not the point here). This standard has established itself as the cornerstone of construction costing and provides both professionals and clients with a clear structure for efficiently recording and managing the financial aspects of construction projects. In today's fast-moving construction industry, where time is money and cost transparency is of paramount importance

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10 common mistakes when choosing CAFM systems (and how to avoid them)

Choosing the right CAFM system can feel like choosing the perfect holiday - there are so many options that it's easy to lose track ("Honey, would you rather go to Bielefeld or the Maldives?"). While you're thinking about the latest CAFM solutions, you might be imagining how your facility management could run more efficiently and smoothly. But before you dive into the next adventure of digital building management, you should

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Costs of ISO 9001 certification: effort versus benefit

ISO 9001 certification is not just a piece of paper, but a strategic tool for improving quality and efficiency within an organisation. However, many organisations looking at ISO 9001 requirements often ask themselves: "Is the cost of ISO 9001 certification really justified?" To answer this question, it is important to look at the various aspects of ISO 9001 certification and weigh up whether the expense is justified by the

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What to do in the event of a tax audit?

In Germany, tax audits (or company audits) are a topic that is often associated with nervousness and uncertainty for companies. It is not only an obligation, but also an opportunity to check tax compliance and the efficiency of company management. During a tax audit, companies can face various challenges that need to be overcome. In order to successfully prepare for a tax audit (which will come sooner rather than later, with

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Prepaid expenses compared to deferred income: the most important differences

Accruals and deferrals play a crucial role in accounting, especially when it comes to accurately reflecting the economic reality of a company. Accruals and deferrals are fundamentally different from accruals and deferred income. But what exactly does this mean for your company? And why is it so important to understand these differences? Prepaid expenses represent future expenses that have already been paid but will only be recognised as an expense in future periods. These are

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Optimise your SAP system in 2025 for better property management

Property management is a complex discipline that has become particularly challenging in the current environment ("...do we already have this AI, Mrs Müller?"). Implementing an optimised SAP system can significantly increase efficiency. Whether you're working with CAFM, IWMS or other facility management systems (we hope it's not EXCEL, are we?), the right configuration of your SAP can mean the difference between a smooth operation and a frustrating challenge.

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The management dilemma: flexibility vs. control in the world of work

Many companies are faced with a dilemma: how much flexibility can they grant their employees without losing control of the company's goals and processes? This question is particularly relevant in the context of management, as it is crucial to find a balance between freedom and structure. While flexibility fosters creativity and innovation, control is essential to ensure efficiency and quality. The challenge is how management styles can be adapted in order to

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Top New Year's resolutions 2025 for managers

The New Year is just around the corner and with it comes the opportunity for managers to make fresh New Year's resolutions that can not only promote personal growth but also create a positive company culture. At a time when challenges and change are the order of the day, self-care in management is becoming increasingly important. The question is: how can we design New Year's resolutions in the organisation so that they both meet the individual goals of managers and support the company's culture?

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Implementation of CAFM software: Rollout in 3 months

Implementing CAFM software can be very exciting - but it can also be fraught with setbacks and hopefully many successes. Significant progress can be made in just three months if you plan carefully and take a strategic approach. The introduction of Computer Aided Facility Management (CAFM) is not just a technical step, but a profound change in the way we organise our facility management. If you are wondering how to

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Operator responsibility: The most important requirements in Germany

Operator responsibility is a key issue in facility management and presents operators with a variety of challenges. In Germany, the legal requirements for operator responsibility are clearly defined and essential for the smooth operation of buildings and facilities. This responsibility extends across various areas, including occupational health and safety, fire safety and environmental protection, and includes a range of obligations that must be observed in order to avoid legal consequences. According to a study by the Institute for

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ISO 22301: The underestimated standard that can save your company

The ISO 22301 standard, also known as the international standard for business continuity management (BCMS), is an often overlooked key to organisational stability and resilience. At a time when organisations are faced with unforeseen challenges such as natural disasters, cyber-attacks or global pandemics, the importance of effective business continuity management is becoming increasingly clear. According to a study conducted by the Business Continuity Institute in 2021, 73% of companies found that they were not optimally

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Are CAFM software market leaders really the best solutions for every company?

There is a recurring question in the world of facility management software: Are CAFM software market leaders really the best solutions for every company? And what does that even mean? Is there such a thing as "the" market leader? The debate is as complex as the functions of the various CAFM systems, and there are numerous aspects that need to be taken into account when considering this. Many companies rely on the leading CAFM solutions to optimise their operations, and that

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How digital twins are revolutionising the building life cycle

At a time when digitalisation is finding its way into all areas of life, the introduction of digital twins is playing an increasingly important role in building management. Digital twins are virtual replicas of physical buildings and provide a deeper insight into the entire building life cycle. From the planning phase through to utilisation and maintenance, they offer a wide range of benefits that not only increase efficiency but can also significantly reduce life cycle costs. This technology is not only revolutionising

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Bookkeeping for beginners: A comprehensive guide for newcomers

Bookkeeping can seem like a huge maze, especially when you're just starting out. But don't worry. Because every one of us has taken that first step and asked ourselves, "Where do I start?" The world of financial accounting, payroll and bookkeeping can be overwhelming, but with the right guide, it quickly becomes comprehensible. According to numerous studies, companies that manage their accounting efficiently are more likely to be financially successful. But how

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How D&O insurance can save your career as a manager

Not only since the start of the trial against Markus Braun (ex-CEO of Wirecard) has it become clear that managers are constantly exposed to a variety of risks. These risks can affect not only the company, but also personal liability claims against the managers themselves. It is therefore essential to look into D&O insurance (Directors and Officers insurance). This special liability insurance protects managers against financial losses caused by wrong decisions or breaches of duty in the course of their professional activities.

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Why facility management will remain an outdated industry in 2025

Many industries are faced with the challenge of keeping pace with technological progress. However, while many sectors are developing dynamically, facility management often falls by the wayside. This discrepancy raises the question: Why is this the case? Is it the complexity of FM or perhaps a preference for tried and tested methods? Here are some aspects that shed light on this issue: Tradition vs. innovation: many companies still rely on traditional

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Top 5 reasons why you should (maybe?) switch to CAFM

Efficient management of facilities can be crucial to a company's success. The implementation of CAFM (Computer-Aided Facility Management) software can have a transformative effect. Here are our five most compelling reasons why your company should switch to CAFM: Optimising operating costs: By using CAFM software, companies can achieve significant savings in operating and maintenance costs. According to a study by Facility Management International, through effective CAF management, organisations can reduce their

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