Guide to business expansion and franchising opportunities in Latvia
Latvia is a dynamic nation in Europe’s Baltic area that has a wealth of options for companies looking to grow globally. A developing economy, a prime location, and a setting conducive to business have made Latvia an appealing vacation spot for investors trying to break into new markets. This book intends to offer knowledge about […]
Impact of blockchain on supply chain management in Latvia
Blockchain is a circulated ledger innovation that has drawn in the two professionals’ and scholastics’ consideration lately. Some reasonable and a few experimental examinations have been distributed zeroing in on resolving recent concerns and suggesting the future exploration headings of store network the board. Key store network regions that blockchain could contribute are pinpointed as […]
Guide to cross-border transactions and international business expansion from Latvia
In the globalized world of today, taking a firm beyond national boundaries is a calculated risk that might lead to new growth and financial prospects. In the small but active European nation of Latvia, cross-border trade and foreign trade growth can lead to profitability for enterprises located there. The goal of this page is to […]
Guide to business exit strategies and succession planning in Latvia
Business succession planning is an important mechanism for both private companies and developing ventures. In private companies, progression arranging implies overseeing changes in ownership or administration. In bigger associations, it can assist in escaping potential ability holes that negatively affect the organisation. What is a business exit strategy An exit strategy for a business is […]
Exporting opportunities and international trade in Latvia
Located in Northern Europe’s Baltic area, Latvia is a small but dynamic country that has been gradually gaining prominence on the map of international trade. Latvia has become a desirable center for global trade and export prospects due to its varied industry and advantageous geographical setting. The objective of this article is to examine the […]
Green business and sustainability initiatives in Latvia
Latvia has shown a promise to green business and sustainability. The public authority and associations support drives advancing harmlessly to the ecosystem. The Green Business Investment Program by the Investment and Improvement Organization of Latvia (LIAA) is one such model, offering backing to companies zeroing in on manageability. Moreover, Latvia has been engaged with European […]
Government support and incentive programs for startups in Latvia
Companies that have registered as an entity in Latvia are eligible to apply for a variety of programs that support growth and innovation. Explicit rules apply for each program to qualify. Programs are likely to change given the guidelines of the Public authority of Latvia. On January 1, 2017, the law went into effect, sending […]
Funding options for small and medium enterprises in Latvia
Before the COVID-19 pandemic, Latvia’s economy grew at a steady rate that was higher than the EU average. From 2011 to 2019, Gross domestic product became 3.3% each year on average. In 2019, the development of the economy turned out to be more moderate. Gross domestic product grew by 2% in 2019. In 2020, the […]
Key considerations for establishing a sustainable business in Latvia
In today’s dynamic world, a company’s ability to be sustainable is essential to its success. Setting preservation as a top priority helps conserve resources, gives business owners an upper hand, and encourages consistent development. Anyone considering launching a sustainable business in Latvia, a country known for its commitment to environmental preservation, must understand significant variables […]
Key considerations for establishing a sustainable tourism business in Latvia
Latvia is becoming a more and more well-liked travel destination because of its breathtaking natural scenery, extensive cultural history, and energetic cities. Companies in the Latvian tourist sector must adopt green procedures as the trend for eco-friendly travel rises on a global scale. The main factors that business owners and organizations in Latvia should take […]