When working at the international level, it is important to have a focused and balanced approach for every aspect of your business. From the way companies negotiate with clients, to products and services provided by businesses, everything must be carefully managed to gain a foothold in the international market.
Modern Technology Has Made This Much Easier
Modern technology has made this much easier for many companies. Orders for products can be received all over the world through websites, and communication has become simpler and easier to manage thanks to new technologies such as e-mail, broadband telephone services, and Internet fax. However, many businesses do not make use of this last item – many traditional fax machines are still in use today, despite the fact that faxing over the Internet is superior in almost every possible way. Considering some differences between traditional fax services and Internet fax services can be worth the time for any business that competes in the international market.
Internet Fax Services
First, Internet fax services allow a single fax number to be used for all company incoming orders. This can be difficult, expensive, and even impossible for traditional fax lines because hundreds of separate machines and channels need to be installed to avoid falling orders. Internet fax services receive all of their data via a broadband connection, and never report “failed calls” to the fax machine that sent them the order because no fax has ever been dropped. Regardless of how many faxes are received at once, …Read more
Barbados and Canada have very strong international business relations with the island which acts as a business center for offshore Canada. The strong relationship between the two countries goes back to British colonial times and has developed into an important partnership for the two countries.
Barbados – Canada Relationship Facts
Canada provides the largest source of Foreign Direct Investment for the Barbadian economy
Barbados is the third largest recipient of Canadian international investment after the U.S. and AK.
Canadians represent 75% of the international financial community in Barbados
Canadian banks with a strong presence in Barbados include RBC Royal Bank, Scotiabank and CIBC FirstCaribbean Bank.
Barbados – Canada Tax Treaty Benefits
The Barbados – Canada tax treaty has been in place for over three decades and plays a key role in facilitating the close international business relationship between the two countries. The treaty means that Canadian companies registered in Barbados may legally benefit from the many advantages granted to international businesses registered on the island.
The treaty offers the following benefits to Canadian companies registered in Barbados:
A low tax rate of 2.5% down to 1% on taxable profits
Capital gains are tax exempt
No withholding taxes on royalties, dividends, interest or management fees for non-residents
No exchange controls on foreign currency transactions
Free from import duties and taxes on machinery, materials, factories and equipment
There are no capital requirements
Additional benefits offered by Barbados as an international business center include:
A highly educated workforce is available to provide management, …Read more
In this era where information can be a very strong and strategic asset, both for individuals and companies, and information is the same as money, especially for a trader, closing himself off from news can kill himself. The Forex market is very sensitive to the news flow associated with it, and the movement of major short-term currencies is almost always preceded by changes in the fundamental outlook influenced by the news. Traders around the world make a living by processing and translating information into money. Financial news service providers know how important news is to Forex market players, and charge a premium for that. It is not uncommon to get hundreds of headlines that are potentially relevant to Forex trading from news service providers on an average trading day.
Traders, especially those who trade the Forex market, need the latest news updates to facilitate their trading decisions which must be made in a flash. They mostly use online financial news services such as Dow Jones Newswires, Bloomberg and Reuters, which display the latest financial news on their computer monitors. Because the speed of news dissemination is very important for traders, many choose this online instant news service rather than relying on daily newspapers such as the Wall Street Journal or Financial Times which carry stale news that is of little use to traders.
The main reason why news is so important to Forex trading is that each new piece of information can potentially alter the trader’s perceptions of the current …Read more
It seems that those who run financial cable television news every day find new ways to keep people entertained and watch their shows. When they go to the resting station there are all kinds of graphs that appear, along with common sound themes. Their branding is truly brilliant, and I know this because it is something I have learned. Furthermore, lately I have noticed all the different news feeds that appear on the screen.
There will be one at the bottom with all stock market quotes, one at the top that shows the price of oil, gold, the stock market, and bond yields. Then there will be occasional news alerts that come at different speeds from different directions than others. It seems that these stations have learned the same secret to keep the attention span of the human mind busy with all other visual displays. It’s enough to captivate someone, and I think that’s their goal.
After all, if you spend your day with fast-moving television shows that constantly interfere with your curiosity with visual highlights, you are obliged not to look away, so, watch more advertisements during breaks. Well, have you ever walked through a casino and watched all the people sitting there moving the handles and watching the lights blink and blink – hoping the clang, clank, clank of money falling from the machine, meaning they only won? Isn’t that the same trick?
And because this works, can we expect the future of multimedia e-books to do the …Read more
As a chef or restaurant owner, you want your food to speak for you. You want people to associate a signature dish or cuisine to your name. You want them to think of fancy dinners, exceptional taste and memorable moments when they think of your restaurant. If you are adept at what you do, some of the people who have visited your restaurant might link you with this. But with a website, you can sell this great experience even to people who have never entered your restaurant. And make them line up outside your door.
Like any small business, neighborhood and specialty restaurants generally have their own niche. You could be a famous pastry chef, make the best barbecue, or be famous for your fresh pizzas. Many small restaurants rely on fresh produce for their daily specials. Or you might be adding a new dish to the menu everyday or on the weekend.
A website is a great way to let people know what’s cooking in the kitchen, and attract hungry patrons.
Check these 6 ways to see how a good website can bring the crowds to your door.
1) The Online Menu
As simple as it sounds, having an online menu is like winning half the battle. Your customers can see what you offer at a glance and get excited. In many cases, they will be tantalized by seeing different dishes and will want to hasten to your door. Of course, having a well designed menu with detailed descriptions …Read more