Why a business owner needs a prenup
Without a prenuptial agreement, an ex-spouse is entitled to part of the business. Divorce can catch business owners unawares if…
YRITTÄJÄ, tule mukaan omiesi pariin! Liity Yrittäjiin.
Consumer confidence still weak
A specialist says the uncertainty caused by Donald Trump’s tariff war and Russia’s invasion of Ukraine are reflected in Finnish…
Market Court rules against payment term of over 30 days in roadwork subcontracting
“Treating small machinery contracting companies as banks by extending payment terms is a breach of the Payment Term Act,” says…
Over 60% of business owners waiting longer than statutory period for invoices to be paid
Industry and construction businesses particularly suffer from their business partners’ long payment terms. “The way it’s done in Finland is…
Frauds try to use unpaid invoices in phishing emails
The National Cyber Security Centre, part of Traficom, the Finnish Transport and Communications Agency, has become aware of several cases…
Fewer late paying companies, but no increase in bankruptcies yet
A recent survey about late payments casts light on businesses’ finances in Q3 2024. According to a late payment survey…
Business restraining order progresses
An expert at Suomen Yrittäjät, the Finnish SME association, says a business restraining order would be useful in situations where…
Warning about cyber criminals’ use of WhatsApp
Petteri Järvinen warns about scammers who try to move conversations to WhatsApp. Have you ever received a suspicious text message…
Entrepreneur’s business ID unexpectedly cancelled
Limousine business owner Lauri Kovanen is amazed that the Patents and Registration Office did not verify that its letters had…
What insurance does and doesn’t cover when business owners have accidents on the job
A business owner’s voluntary accident insurance may not be useful if an accident is not directly work-related. Under Finnish law,…