To travel to the Czech Republic for business, you will require a Schengen short-stay permit.

Will my Schengen short stay permit for the Czech Republic be limited to that country?

With a Schengen short-stay permit, you can travel to these countries: the Czech Republic, Hungary, Belgium, Switzerland, Sweden, Spain, Slovenia, Slovakia, Austria, Malta, Germany, Italy, Norway, Portugal, the Netherlands, France, Latvia, Denmark, Poland, Greece, Iceland, Finland, Liechtenstein, Estonia, Luxembourg, and Lithuania.