Mastering a new language can be challenging, especially when it comes to the nuances of professional terminology. For those looking to do business in the Czech Republic, it is crucial to understand and use the appropriate business vocabulary. Here’s a list of essential Czech business vocabulary that will help professionals navigate through meetings, negotiations, and daily corporate life.

Firma
Firma translates to “company” or “firm” in English. It is used to refer to a business entity.
Máte zkušenosti s touto firmou?

Smlouva
Smlouva means “contract.” It is a legally binding agreement between two or more parties.
Podpisujeme novou smlouvu příští týden.

Jednání
Jednání refers to “negotiations” or “meetings.” It is a discussion aimed at reaching an agreement.
Jednání byla dlouhá, ale úspěšná.

Trh
Trh is the word for “market” and can pertain to any domain or place where commerce occurs.
Náš hlavní trh je v Evropské unii.

Zisk
Zisk means “profit,” which is the financial benefit realized when revenue from business operations exceeds expenses.
Zisk za tento kvartál překročil naše očekávání.

Obchodní partner
Obchodní partner translates to “business partner.” It refers to an associate who engages in the planning and execution of business activities with another entity.
Hledáme nové obchodní partnery v Asii.

Příjem
Příjem is the term for “income” or “revenue” and denotes money received, especially on a regular basis, for work or through investments.
Příjem společnosti stále roste.

Náklady
Náklady means “expenses” or “costs.” These are the economic costs that a business incurs through its operations to earn revenue.
Je důležité sledovat naše měsíční náklady.

Podnikatel
Podnikatel stands for “entrepreneur” or “businessman.” This is someone who starts and runs a business, taking on financial risks in the hope of profit.
Naše firma podporuje mladé podnikatele.

Marketing
Marketing remains the same in English and Czech, referring to the activities of a company associated with buying and selling a product or service.
Naše marketingová kampaň zahájí příští měsíc.

Správa
Správa translates to “management” or “administration.” It involves the processes of directing and controlling a group of people or an organization.
Správa společnosti schválila investiční plán.

Konkurence
Konkurence means “competition.” It refers to the rivalry between companies selling similar products or services with the goal of achieving revenue, profit, and market share growth.
Musíme být o krok před konkurencí za každou cenu.

Akcionář
Akcionář means “shareholder.” This term denotes an individual or institution that legally owns one or more shares of stock in a joint-stock company.
Akcionáři jsou spokojeni s ročním výkonem naší firmy.

Zahraniční obchod
Zahraniční obchod translates to “foreign trade,” referring to the exchange of goods and services between different countries.
Zahraniční obchod představuje 50% našeho obratu.

Daň
Daň is the Czech term for “tax.” It is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.
Každá společnost musí platit daně.

Účetnictví
Účetnictví means “accounting.” It is the measurement, processing, and communication of financial information about economic entities.
Naše účetnictví je outsourcováno.

By incorporating these key Czech business vocabulary words into your lexicon, you equip yourself with the fundamental language needed for professional interactions within the Czech business environment. Understanding and using these terms will not only enhance your communication but also demonstrate your respect and dedication to successful business dealings in the Czech Republic.