Tuesday, September 26, 2017

Exit Strategy

This might be my last post.  Hungry was a failure.  We hired a professional accounting firm, but still got the VAT so messed up that we are abandoning the operation.     It was all very disappointing,  I had high hopes to run the business and employ some excellent folks at competitive wages. 

If you want to open a manufacturing business in Hungry and you have a small company like mine, hire a small accounting firm with practical experience and good English language skills.  Start small.

We've now moved the operation to a different EU country and doing it in partnership with an established company.