Operating a business abroad has its own set of challenges, but it also offers many perks that are worth considering. From increased market opportunities to tax benefits, here are some of the benefits of operating your business abroad. 6 Benefits of Operating Your Business Abroad Access to a broader...
As a business owner or entrepreneur, you are always on the lookout for ways to save money and improve your bottom line. One often overlooked method of achieving these goals is through research and development (R&D) tax credits. R&D tax credits can provide a valuable source of cash flow...
If you’re thinking of investing in commercial property, congratulations! Commercial property can be an excellent way to diversify your investment portfolio and generate passive income. However, buying your first commercial property can be intimidating, especially if you’re not familiar with the process. To help you get started, we’ve put...
Dealing with the loss of a loved one can be an emotionally challenging time, and funeral homes play a critical role in helping families navigate this difficult process. While traditional funeral services may have been the norm in the past, the modern-day consumer is seeking a more personalized experience...
As a global economy, it’s common for individuals and businesses to have income or investments from foreign sources. While it can be an exciting opportunity to diversify one’s portfolio or earn extra income, it can also lead to confusion around taxes. To avoid double taxation, most countries have a...
Budgeting and forecasting are two key financial planning and analysis tools that businesses use to plan their operations and make informed decisions. While they are often used interchangeably, budgeting and forecasting have distinct differences in terms of purpose, scope, and timeframe. In this post, we’ll explore the differences between...
As a construction business owner, it’s essential to develop strong relationships with your suppliers. Having reliable, trustworthy suppliers is an invaluable asset that can help you save time and money when managing projects. Here are some tips on how to build and maintain good supplier relationships. Communication is Key...
The passing of a loved one can be a difficult time for family and friends. As a funeral home, offering aftercare services to your clientele is invaluable in helping them through this trying period. Though the traditional funeral service and burial are necessary components of the process, there are...
An Employer of Record (EOR) is an entity responsible for the legal and administrative aspects of hiring employees, such as employee onboarding, payroll, and benefits management. The EOR pays taxes and handles all other legal requirements associated with employment on behalf of the employer. EORs are often used by...
With the start of a new year, it is the perfect time to set goals for you and your business. Goal setting is important for any organization because it helps to focus efforts, measure progress, and evaluate successes. It also provides direction and keeps teams motivated. Here are a...