Business Services

Archive for February 9th, 2010

Explain How Functions Within A Business Are Able To Communicate Effectively To Support Business Strategies?

It is done by interdepartmental coordination.

What Is A Good Strategy For Selling A Small Business Without Paying Capital Gains Tax?

I have an automotive repair shop and I would like to defer paying capital gains tax by rolling the proceeds of the sale of the business into another investment. I do not see the point of paying capital gains tax on the sale when I will simply take the money and reinvest it in another business. Can I do this even if the money does not go into a similar business? Ideally, I’d like to invest the money in a mutual fund and take out maybe 10% per year to help with living expenses.

Utah Business Networking Receives Testimonial From Bookkeeping Professional Charles Mckenrick


Utah Business Networking receives testimonial from bookkeeping professional Charles McKenrick.
Charles McKenrick
801-486-6380

What Are Some Business Strategies For Minimizing The Effect Of Nontariff Trade Barriers?

ways of overcoming trade barriers:
1.contact you local chamber of commerce (ALL cities have some kind of business community representative body, they are called various things) and get their advice. you will not be the only biz having this problem with the country concerned and they will have dealt with the solution before.
2.check to see of your govt allows you to claim a subsidy or tax break when exporting to the country concerned. they might do this to help promote certain industries/goods.
3.meet with your customers in their country at, for example, trade shows, the customer wants to get the best price and he/she might be able to tell you something that only people of that country know. if its not possible to visit them, call your customers and ask them, at the end of the day it is probably in both your interests for you to get your goods into their country (sales for you, lower prices for them).
4. pay for the time of a biz consultant who has EXPERIENCE dealing with your industry and this country, loads on the internet, send them a few Q’s asking if they can help with your SPECIFIC problem or if not , can they point you to a firm who can help.
hope this helps

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