All Posts in "Financial"

What the Emergence of Open Source Means to Businesses

A not-so-new concept, open-source (OS) will be the emerging alternative that has been gaining increasingly more popular over the years. The open-source business intelligence has extended its breadth and possesses become the trend – from financial and office software to Web, desktop utilities and games to practically just about all significant means of organizing business tasks.

Revolutionizing business and software strategies inside a massive way, the open-source movement allows information being produced, distributed, and controlled at the disposal of many. This idea, that’s exemplified by Linux inside the operating system landscape – is, at present, gaining momentum within the marketplace.

A solid example of the achievements OS could be the emergence of Wikipedia – the open-source encyclopedia founded in 2001 – which in a few years, makes paid encyclopedias virtually obsolete.

Suddenly, the world is seeing that Wikipedia – which can be depending on cooperation and contribution – can work, … More >>>

Harvey Olsen by — April 17, 2020 in Business Week

Doing Business With a Strong Offshore Combination Using a Panama Foundation With a Belize IBC

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 increasing.

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 … More >>>

Harvey Olsen by — January 31, 2020 in Company Business

Doing Business in the US - Basic Considerations for International Companies

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 … More >>>

Harvey Olsen by — January 29, 2020 in Business Week

More Faith in the Future

“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 … More >>>

Harvey Olsen by — December 19, 2019 in Company Business

Ways to Monitor the Stock Market

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 certain day.

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 … More >>>

Harvey Olsen by — December 12, 2019 in Economic News Today