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Accounting: The basics explained

This article explains the basics of accounting and is aimed at readers who wish to familiarise themselves with the principles and responsibilities of this field. Accounting, often referred to as the „memory of a company“, is a systematic process for recording, recording and analysing all financial transactions of a company. It serves not only to fulfil legal requirements, but also as an essential tool for internal management and decision-making. Financial accounting forms the backbone of every [...]

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Property management: tasks and responsibilities

Unclear allocation of tasks between the owner, property management and facility management costs time, money and increases liability risks. This property management definition provides a practice-orientated, legally sound description of the core tasks and responsibilities as well as a clear distinction between facility management and asset management. You will also receive specific information on how CAFM software digitises typical processes, classifies relevant legal references in Germany and which KPIs are required for management and reporting. 1. definition and differentiation: property management versus facility [...]

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operator responsibility in germany

Operator responsibility in facility management: What you need to know

Operator responsibility is a key issue in facility management, which is derived from a large number of legal requirements. In Germany in particular, operator obligations are clearly regulated, which represents both an opportunity and a challenge for companies. The legal framework not only defines obligations, but also liability risks that operators need to be aware of and manage. Legal framework in Germany: numerous laws and ordinances. These include the [...]

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Exculpation in facility management: legal protection for operators

Facility management is an exciting but also challenging area. Operators are often confronted with legal grey areas where exculpation is not just a buzzword, but a necessity. In an industry where responsibility and liability are closely intertwined, the difference between an acquittal and a devastating liability can often lie in the right strategy for exculpation. Imagine this: Water damage to a building results in significant [...]

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Virtual workplace with CAFM software and IT management.

Implementing operator responsibility with legal certainty: A short guide

Operator responsibility in the facility management industry is a complex topic that confronts professionals with a variety of legal and organisational challenges. In this guide, we discuss the key aspects of operator responsibility and offer practical tips for implementing your obligations in a legally compliant manner. Use this guide to minimise your liability risks and effectively meet the legal requirements. What is operator responsibility? Operator responsibility - a term that at first glance looks like

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The hidden risks of operator responsibility: what you don't know can hurt you

Have you ever wondered what really lies behind operator responsibility? It may seem like a dry matter that only concerns lawyers and facility managers. But the reality is often far more complex and the risks can really hurt in the worst cases - both for your company and for your employees. Operator obligations are not just legal requirements; they are the foundation of a safe and efficient

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Illustration of legal pitfalls in GmbH management and how to avoid them.

Legal pitfalls in GmbH management and how to avoid them

Managing a limited liability company (GmbH) brings with it not only strategic challenges but also numerous legal pitfalls. Managing directors of a GmbH have a significant responsibility and it is crucial to be aware of the relevant regulations and laws in order to prevent legal problems. According to a study by Deloitte, the most common legal difficulties in GmbH management are breaches of company law and failure to comply with tax obligations. In order to minimise these risks

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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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Modern solutions for facility management and IT management.

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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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

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What does a tax audit mean?

A tax audit is a systematic examination of a company's tax situation by the tax authorities (and as long as you're not Al Capone, everything should be fine, just to clarify...). It serves to verify the accuracy and completeness of tax information and compliance with applicable tax laws. The audit can cover one or more tax periods and involves analysing accounting records, receipts and other relevant documents. Tax audits can be announced

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Mehrfamilienhaus mit großen Fenstern und Holzfassade bei Dämmerung.

Housing management: tasks and cooperation

Flat management is an essential part of property management. It comprises various areas of responsibility that ensure the smooth running of the tenancy between tenants and landlords. The main tasks include the letting of residential units, the billing of operating costs, the maintenance and servicing of the property and communication between all parties involved. Effective property management is characterised by expertise, reliability and transparency. It has in-depth knowledge of tenancy law and ensures the correct management of the property.

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Illustration zu rechtlichen Aspekten von Building Information Modeling (BIM) mit Gebäuden und Rechts.

Legal aspects of BIM: what you need to know

Building Information Modelling (BIM) is a digital method for planning, creating and managing buildings. This technology enables the creation of a virtual 3D model that contains all relevant information about a building. The BIM model serves as a central source of information for all parties involved in the construction project and covers the entire life cycle of a building, from design and construction through to operation and dismantling. The implementation of BIM brings various legal

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Fachleute bei der Immobilienverwaltung mit digitalen Geräten in einer Stadtlandschaft.

Property management: tips and tricks

Property management plays a crucial role in the administration of property and land. It encompasses a variety of tasks that ensure the property is properly managed and retains its value. These include letting properties, maintaining and repairing buildings, complying with regulations and legislation, bookkeeping and communicating with tenants and owners. Effective property management can help to increase the value of the property,

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3. State-of-the-art CAD model of a building with digital infrastructure and smart technologies.

Optimisation of the HR department: focus on human resources

The human resources (HR) department plays a crucial role in the success of a company. It is responsible for attracting and retaining talent, developing employees, ensuring legal compliance and much more. An effective HR department can help an organisation achieve its goals and create a positive working environment. This article explores various aspects of the HR department and its importance to business success. Key Takeaways One

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GmbH managing director liability: What you should know about your responsibility

The liability of GmbH managing directors is a topic of great importance. As the managing director of a GmbH, you bear a great deal of responsibility and are entrusted with numerous tasks. It is important to be aware of the various liability risks and to take appropriate measures to minimise them. In this blog post, we will look at the role of the managing director in the GmbH, the various liability risks and possible protective measures. Key takeaways Managing directors are personally liable for

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What is NIS2?

The EU Cybersecurity Act is an important step towards strengthening cybersecurity in the European Union. A central component of this act is NIS2, the second Network and Information Security Act. NIS2 aims to improve the security of networks and information systems in the EU and increase resilience to cyberattacks. In this article, we will take a closer look at NIS2 and discuss its significance for companies and operators of critical infrastructures.

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