Archive for the ‘International Business’ category

How International Delivery Companies Work

October 14th, 2011

An international delivery company is an essential component of the supply chain process. They move cargo across borders, handle international customs authorities and transports goods to the recipient. All this helps turn the wheels of commerce. The company is much more than a mere transport company – it works more like a partner to the seller.

Such delivery companies are connected with a network to different companies. Let’s understand the logistics of an international delivery company with the help of an example: Company A in Country X wants to dispatch goods to Company B in Country Y. These are the steps that will be involved:

1. Pickup of goods from Company A’s warehouse, packing and loading.

2. Transport of goods to airport/port.

3. Necessary export formalities.

4. Receipt of goods in Country Y.

5. Attending to customs

6. Transport of goods to Company B.
» Read more: How International Delivery Companies Work

The Advantages Of Having A Company In Panama

October 14th, 2011

Panama is a business friendly country. Since the 1990′s when the government became a democratic one there have been business friendly laws put in place to encourage new foreign investors to come into the country to establish a new commercial or industrial business. It is a fairly routine procedure to set up a new business or corporation there. The economy is one that is considered by international standards as quite stable. And the government can be considered to be very pro business. They are also said to have a very low crime rate as compared to other countries in Central or South America. The newly refurbished and expanded Panama Canal is also a big business draw.

Business

When looking for Panama company registration you might consider the Colon Free Trade Zone. This free trade zone is partly in the Colon area and also has been established as new warehouses in the Harbor area which incorporates about 130 acres for warehouses. When you want a Panama company registry perhaps the free trade area is the place to look. Certainly it benefits from fact that in this area there are no Capital Investment Taxes and local and municipal taxes are not administered on companies operating in this zone. Furthermore all shipments to and from the Free Zone are not taxed to and from anywhere in the world.

Economics

Since the emergence of the democratic government in Panama the people who have run for office have largely based their political platforms on zero corruption. It has a fairly low unemployment rate. It has a strong business community based in large part on businesses related to banking, tourism, commerce and trading. It has a strong gross domestic product growth rate. They also has the largest free trade zone in the Western hemisphere which is also the second largest in the world. With approximately 1800 companies located in the Colon Free Trade Zone the area thrives in part because of the modern container ports, facilities and the Pan-American Highway, plus a train system and modern airport cargo facilities which allows goods to be easily transported just about anywhere in the world.
» Read more: The Advantages Of Having A Company In Panama

Growing a Business in a Financial Downturn

October 14th, 2011

The question is one which everyone is attempting to find an answer to; how can you grow a business in an economic downturn when many companies are merely struggling to keep the doors open?

Some companies attempt to wait out the downturn and do nothing, but the proactive business owner knows that every attempt should be made to increase sales even with a smaller market share.

Here are a few pointers on growing your business in hard times.

Find Your Direction

The housing industry suffers during a flat economy because people can’t afford to build. Construction companies that make it through the slow times have to diversify and find the building markets that can still provide some work. Other businesses are no different.

If your target market has evaporated, consider changing direction to something that is viable. If it is possible to divide resources to focus on several different potential fronts, find what related fields you might be able to pursue based on competition and market demand.
» Read more: Growing a Business in a Financial Downturn