Bargaining is not very common in the Czech Republic, so your initial offer should be realistic. Bazaar techniques that are popular in other countries would probably astonish your Czech partner. Women executives should quickly establish their professional credentials. Then they will be taken as seriously as in other countries. Age is always respected and considered as a bonus, so younger representatives will not be trusted as much as older ones.
Hospitality is important and business lunches are common.
Czech food and Bohemian, Moravian and other wines are good, while Czech beers such as Budweiser are internationally acclaimed. Although Czech business people tend to be reserved and appear formal, business is still conducted on a personal basis. Therefore, social invitations are important. Sport, family, food and drink and music are all appropriate subjects for informal conversations.