The nations leading the pack out of the recession are
the second tier economies of Asia. Their currencies are predicted to advance
against the dollar, Euro, and Yen over the next few years. Meanwhile lawmakers
in the United States are talking about raising taxes. To those who have
scrimped and saved for years to put together a nest egg for retirement this may
be ominous news. The PIIGS affair lays a cloud of depression over the EU. For
some the attraction of doing business outside of North America or Europe is
With current worldwide economic realities in mind
where are you going to do business next? The United States and Europe do not
need to be on either end of your supply chain. You bank does not need to be in
the USA. Your company can be offshore. You can arrange your affairs in such a
way as to make yourself the beneficiary of a Panama Foundation and enjoy the
fruits of your labors in privacy.
The Argument for Moving
There are many tax advantaged jurisdictions such as
Belize and Panama. Going “offshore” in these countries and you will
not have any local taxes on international income. Using a combination of Panama
and Belize entities there are legal vehicles for incorporation, for banking,
and for Private Interest Foundations that help you keep your private business
private. You can do business with the emerging economies of Asia. Sell to the
emerging middle class of South America and never pay a cent of taxes from the
profits of your international (offshore) business in either Belize or Panama
A Strong Offshore Combination
An effective offshore combination consists of banking
and an offshore company in Belize, owned by a Panama Private Interest
Panama Private Interest
A Panama Private Interest Foundation …
In these challenging economic times, international
businesses need to find new markets for their products and services. Although
some developing countries are showing signs of rebounding, many companies from
our traditional trading partners might revisit the U.S. as a market. Even in
the midst of a severe recession and with the importance of a growing economy,
the US remains a safe place and a relatively prosperous and established market.
International companies do
business in the U.S
Fundamental questions for international companies who
want to do business in the U.S. boils down to “what do I need?” A
business person who is thinking of doing business in the US certainly needs to
assess the market demand for his product or service and the sales and
distribution channels. If this research shows an opportunity, a business needs
to determine where to find its business.
One thing that often surprises international visitors
even experienced is the geographical breadth of the United States. For example,
the state of Texas is much bigger than Germany, one of the largest countries in
Europe. International companies should consider placing U.S. operations in an
area that is convenient for the head office. For example, companies in Europe
should consider placing U.S. operations. they are in or close to cities with
easy air connections to Europe.
Companies must also consider time differences in
relation to where they are. For example, all things being stated the same,
European companies should consider placing their US operations in the Eastern
time zone in the US, where a time difference of five to six hours allows
communication during regular working hours with the United Kingdom, Ireland,
Scandinavia, and Continent. Conversely, a nine-hour time difference between
central Europe and the West Coast can cause problems. Of course, Asian
companies might prefer to …
“Every decision is risky; it is the commitment of existing
resources for an uncertain and unknown future.” – Peter Drucker
This quote reminds me of
three things about life:
Number 1: Risk is a way of life. There is no way to avoid it in any
world. Our job is to assess and choose the risks that we believe will pay the
most (or at least harm us).
Number 2: We must decide to do something. To do nothing is really a
decision to do something – nothing. Furthermore, when we decide we must be
committed to it.
Number 3: The future is uncertain and unknown. But would we have it any
other way? That is exactly what brings the adventure to life, isn’t it? The upside
resides only in the unknown.
It is always amazing to see studies like the one Franklin Templeton did
over the last three years in which they surveyed 1000 people to see how they
thought the stock market had performed. In all three years (2009, 2010, 2011)
half or more of the respondents said the S&P 500 had ended “down or
flat” for each of those three years. The reality? 2009 +26.5%, 2010 +15.1%
and 2011 +2.1%. So maybe they did not miss it by much last year, but the point
is there is a negative bias among most Americans when it comes to the economy.
This is because bad news sells advertising. Therefore Americans are inundated
with bad news which shapes our view of history AND the future.
But news outlets who are trying to sell ads are not the only culprits. I
believe there is a prevailing sentiment in our nation in which certain
political persuasions want to set a negative tone about the future in order to
gain more dependency on …
I like investing, and I like everything about the stock market in
particular. But I find that many people get confused and don’t really know what
to look for when they have to pay attention to the stock market.
Of course, if you read the news at night, they might tell you what the
Dow Jones Industrial Average did that day, whether it went up or down, but that
doesn’t really give you an overall view of how the market is. do it on a
In this article I want to spend a few minutes discussing some other
things that you should pay attention to besides the Dow Jones index which will
give you a broader picture of what the market has done on a particular day.
So the first thing to consider besides DOW is the S&P 500. This is
an index fund consisting of 500 of the best stocks chosen by the good people at
Standard and Poors. When people say “Stock Market” many times they
refer to the S&P 500. This is a pretty good indicator of what the market is
doing as a whole. Also, most evening shows and radio news will mention this index
Next you have to pay attention to TRIN, which is a trading index,
because it tries to measure the volume of trades carried out on a particular
day. If TRIN moves from above 1.20 to below 70 for any day, it usually means
that the stock market has changed to Bullish. On the other hand, if TRIN rises
from below.70 to 1.2 then the market has changed to Bearish. TRIN 1.0 means
that the market is largely stable throughout the day.
Next you might want to watch activity in the Over-The-Counter market,
which is the market of …
Are you the type of person who
knows there’s so much more out there than just an hourly job? Do you know you
could make it on your own if you just had a plan to follow? If so, the food
truck business could be the ideal choice for you.
Food truck concessions are
designed to allow you to own your own business and serve high-quality food
without having to deal with the hassle and high cost of owning a restaurant.
But not all food truck businesses are of the same quality.
At top mobile food franchises, you’ll
get the experience of a proven leader in the fast casual food market. You start
out with all the tools you need to succeed including a strong business system
that you have access to from the moment you sign your Franchise Agreement. And
these top franchises will not leave you out there on your own. You’ll go
through an extensive training program to help you succeed.
Never run a food concession
before? That’s ok. Trusted franchises take you through the selection and
development of your site, and assist you right through the Grand Opening and
beyond. From inventory control to prep procedures, their proven systems
eliminates the need to make mistakes by trial and error. You’re a success right
out of the gate. And when you succeed, they succeed. You’re all in this
together. These franchisees are successful because they take the time to ensure
you’re always supported from back-end office systems to day to day operating
Concerned about hiring or
permits? Don’t be. The best mobile concessions will have systems in place for
the labor-scheduling process as well as full guidance through zoning and
permits. You’ll enjoy web-based reporting and your own food cost analysis
system so you can spend …