Archive for the 'Uncategorized' category

Understanding International Business: The Environment

Jun 19 2023 Published by under Uncategorized

To understand international business is to understand the global business environment, global competition, free trade, and the imperative quality. All these contribute to business growth and job creation. Under business environments are the legal and economic environment, and technological environment. Successful tips for legal and economic environment are: Freedom to own your business, ability to draft contract laws, possibility of getting rid of corruption, ability to trade currency, and minimization of taxes and regulations. For technological environmental tips, come the usage of databases, bar codes, internet, and information technology. Understanding these tips and utilizing them will enhance and promote global business environment. For global competition environment to prosper, the following must exist to stimulate global competition and free trade: businesses must provide employee service, have customer service, show concern for the environment, and recognize stakeholder position. Lastly, the imperative quality encompasses the social environment, which includes demographic changes, diversity, and family changes.

There are reasons why some countries are richer than others, and the value drivers to this are: (1) land, which is the natural resources; (2) labor, which is employees or workers; (3) capital, which includes building, machines, tools, and anything used in the production of goods and services with the exception of money; (4) entrepreneurship, and (5) knowledge. A country may have vast amount of land and natural resources, but still cannot create wealth without knowledge employees. Many poor countries have many laborers or workers but unfortunately cannot create wealth without knowledge. Capital by itself cannot create or produce wealth without entrepreneurs who will utilize it, and put it to use. Businesses tend to grow in a healthy environment, and the outcomes are prosperity and wealth that allow the achievement of high quality of life and a high standard of living. Poor business environment contributes to job losses, business failure, low quality of life, and a low standard of living. Countries are rich when they effectively use both knowledge and entrepreneurship in the most efficient way to produce goods and services. Any government that wants to grow and prosper must promote entrepreneurship by allowing private ownership of businesses. Ownership of businesses by governments gives citizens less incentive to strive, work hard, and create wealth for their respective countries. Understanding or creating the right international business environment is the basic foundation to social progress for all concerns, and that also includes low crime rates, good schools, good health care, water, and clean air.

Entrepreneurs, when given the private ownership by the government will effectively use the five factors of production under the right environment to create wealth and profit to enrich their countries. For consulting services, go to http://www.iba-pec.com for advice.

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International Business Corporation – Is It Right For You?

Jun 19 2023 Published by under Uncategorized

What is an IBC or International Business Corporation?

An IBC is essentially a limited liability corporation.

A limited company which has basically the same rights and privileges as that of an ordinary limited company. With the prime difference being that they generally are not allowed to do business in the country where they have formed the corporation. They are able to do business in all other countries of the world which will allow them permission to conduct their business.

Let me expound. They are not allowed to do business in the country they are formed but they are allowed to have their administration offices there. They just cannot conduct their normal course of business.

Now you say what is the benefit of having a IBC if they have the same rights and responsibilities but cannot operate in the country in which they are formed.

You have the responsibilities of paying the normal taxes and adhering to all of the laws of the country in which you are doing business. Therefore you do have to pay income tax there.

The benefit of the IBC is that once you have taken your taxed paid funds or profits out of the country in which you are doing business and repatriate them back into the country where your IBC is resident then the gain you make on those funds are not taxable. As the profits the company makes are not taxable in the country of residence. This may also include something as simple as interest on the deposits you have in the country of residence. Many of these countries do not charge tax on the interest earned. Or capital gains on the assets of the company. One

Bottom line:

  • Assets of the IBC can grow tax-free or with minimal tax once tax has been paid in the country of where the business was conducted and earned then the asset repatriated to the country of the IBC. Depending of the laws of your country of residence and how they govern your activity.

Another major advantage of the IBC:

  • The inaccessibility of litigators to get at the assets of the company as in many of these countries since there is not income being generated in the country then there is little or not reporting.

Therefore it is difficult for a litigator to determine the true assets of the company. If they do not know the assets they cannot attach leans or charges against the asset.

Further because the IBC is in a foreign country the cost of litigating such a company is extremely costly.

Does that mean the cost of setting up these companies is expensive?

In a word no. Generally no more expensive than setting one up in your home country.

Another benefit of an IBC is that is generally possible to

  • Utilize nominee shareholders and directors for the company

Thereby hiding the true identity of the people who actually own and operate the company.

Adding yet another layer of security for the principals to prevent or at least slow down the potential legal suits which can fall onto not only the companies but the owners of the companies from hungry litigators.

The major decision is if this type of strategy is of any benefit to your situation. Only you can decide that. As we are not giving either tax advise or legal advise merely stating what does exist out there. It is strongly recommended you talk with a reputable and knowledgeable professional who details with these matters as their main course of business. As there can be far too many potential problems for those not thoroughly familiar with the regulations of both your country of residence and the country you may chose to start your International Business Corporation.

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Why Prospecting Should Be Your Number One Priority

Jun 14 2023 Published by under Uncategorized

Many people find themselves much more comfortable with retailing but leave recruiting on the back burner. In this article, I am going to talk with you about why prospecting should be your number one priority.

It is true that teamwork makes the dream work, but you have to remember that some people are going to quit your team. You can’t expect everything to go as you would like it to go when you are working with people.

Only a Few Will Be Willing to Do What Is Necessary

Only a few people are going to be willing to do what is required to win in anything and that includes network marketing. You need to have enough people on your team that you are going to be able to keep moving forward even if you lose a few people from the team or if people start to underperform.

You should always think like a winner and have an abundance mindset instead of thinking that there isn’t enough out there for everyone and other thoughts that are obviously a lack mindset.

When you have plenty of personal recruits, your team members are also going to bring on a lot of new people because they are following the example of the leader. The more you do, the more they are going to do. If you aren’t doing anything they are not going to do anything.

Conclusion

Once you get good at recruiting, it is going to become easy for you. Instead of feeling worried about your abilities and if you are going to be able to go the distance, start moving forward and you will be surprised at how things start to fall into place with your recruiting efforts.

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Is There a Way to Choose the Right SEO Company?

Jun 05 2023 Published by under Uncategorized

“Should I choose this SEO firm or that SEO agency?”, “Should I look at only an SEO company that offers affordable SEO plans or look out for a well established SEO firm?” These are just two of the questions that come into the minds of website owners when they are worried about the number of hits that their websites generate and decide they need the services of an SEO agency. Is there a right way to select the right SEO company? It is rather relative. But the fact remains that with a good SEO agency, the probability of your website generating better traffic would go up a few notches.

So how do you select an SEO firm? All other factors being equal, it is always prudent to choose an SEO agency that offers you the most affordable SEO plans. But beyond the cost how do you choose an SEO company? It all depends on the various tools that an SEO firm uses. It is better to understand how well the SEO firm uses the most obvious of the tools; keyword selection. But this doesn’t mean that the intention should be to stuff the site with keywords. This doesn’t serve the purpose. The SEO firm should try and achieve an optimum.

Another important factor to be considered is how well the SEO company incorporates the optimization principles into the HTML code of the website. This ensures that your website ranks high on searches and also achieves stability. But along with this a good SEO firm makes sure that the site is constructed logically. Any SEO firm that you choose, should be one that keeps itself abreast with the latest technology. There is no use in associating yourself with an SEO company that uses obsolete technology. Staying ahead of other websites is the name of the game and if your SEO agency cannot do that the whole point is lost.

Another factor that makes the difference between a good SEO firm and another not so good one is whether the SEO company understands and takes into the account the actual market share calculations while framing the Search Engine Optimization plans. That is, understanding the search market share of the major search engines, Google, Yahoo and MSN. These form the basic guidelines in deciding on an SEO company.

It is always advisable to do a thorough study of the companies you have short-listed before deciding on the final SEO agency with affordable SEO plans for your website. The report states that ‘search engines are the most popular way to locate a variety of types of information online’. The only online activity to be more popular than using a search engine is sending and receiving emails.

Getting listed in a search engine doesn’t do you much good if you’re number 142 of 174,455 results, and it also doesn’t help much if you rank at number eleven. Most search engines display ten results per page, and this is where you have to be aiming for.

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A Qualified SEO Expert Must Have Six Key Skills

Jun 05 2023 Published by under Uncategorized

The SEO industry is very confusing in China nowadays. Many people think they are familiar with SEO although they only have written several SEO articles. However, in this article I want to discuss what key skills should a qualified SEO expert have.

A qualified SEO expert must have good executive ability
From my point of view, good executive ability is the most important feature of a SEO expert. Instead of just thinking something, SEO workers should put good schemes into practice. Don’t put off what should be done today till tomorrow. Otherwise, the keyword ranking of your website will not be ideal.

The ability of writing simple codes is necessary
A good SEO worker should be capable of processing html, JavaScript or CSS. The ability to write simple code can be considered as a yardstick. Because when doing search engine optimization, a SEO worker needs to use that ability. It is suggested that you not learn SEO if you are unfamiliar with these.

SEO workers should be able to analyze data
Data analysis means web data analysis. If you still do not know what PV or IP or Google robot is, you should hurry to figure out these website terms. Otherwise you couldn’t find the reason for the sales decline.

The ability of writing SEO articles is also important
Being able to writing good SEO articles does not mean that you are a qualified SEO worker, but a qualified SEO worker can certainly write SEO articles. A recognized SEO article can help the website gain a lot of external links.

Good attitude and patience are important
Besides SEO techniques, a SEO expert must have patience and good attitude. Generally speaking, the ranking improvement of a new website is a gradual process. When the key words ranking reaches a plateau, you must be patient. You should not be too anxious to adopt some cheating methods. Although the website can be optimized by using some cheating methods to achieve a good ranking temporarily, it will disappear soon in the search engines. Therefore it is right to optimize websites using standard methods.

A qualified SEO worker should have creativity consciousness
Many people believe that we should not only do SEO, we should learn to think as well. A SEO worker should maintain the ability of innovative thinking. Search engines are constantly changing, SEO also needs innovation. Both search engine and SEO workers put user experience at the first place. Therefore, it should be kept in mind that SEO is not a repetitive physical activity; it is a mental activity that needs continuous thinking, researching and innovating.

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How to Choose the Best SEO Firm

Jun 05 2023 Published by under Uncategorized

It takes a lot of pain to transform your idea into reality. And then hard work goes into ensuring that your website reaches its intended audience through Internet marketing techniques and efficient SEO services. But since most of these factors, from your websites promotion to marketing is not in your hands, but in hands of the SEO Company you choose.

People have different opinions in the field of SEO. Well, these opinions will never be of any benefit to you. Start applying everything that you hear or comes across. Internet is the best place to learn about Indian SEO. If you want to earn some serious profits out of your online business then the best thing is to hire an SEO firm India. Today, almost everyone knows that SEO stands for search engine optimization. But only few are aware of the fact that you need proper techniques for doing SEO effectively. Indian SEO firms make use of the best advertising methods so as to make your web presence unique as well as popular. The growing competition calls in for some great publicity methods so as to stand apart from the rest of the group. SEO is vital if you want your online business to grow and perform successfully.

For an online business to flourish, you require to make your website available as well as accessible 24*7 so that the customers from around the world can have a look at your website without any hurdles. You never know when a possible customer may visit your website, and if at that time you website isn’t working it may cast a bad impression. There are hardly any chances that the visitor or customer would return to your website. That’s why it is essential to hire a SEO company, which is well reputed. These companies make use of quality SEO techniques so as to popularize your website. SEO companies elevate your profit but also help you in combating with the fierce competition that exists in today’s markets. These companies determine the targeted audience for your online business and then make use of appropriate SEO technique and strategies for fetching more number of potential customers to your website.

Another important thing in SEO is to optimize the quality of page content. Once you know which key word is to be targeted for a webpage, you can use optimized content accordingly. You can go for the best SEO Company to optimize your web page content. The best SEO services company has the required skill to create unique and attractive content to please your visitors.

One thing to keep in mind while choosing the best SEO services company is to check whether the company adopts white hat techniques or not. Some of the companies use black hat SEO techniques to achieve higher ranking of your website in a short period. Use of such techniques incites search engines to penalize your website. So, you have to be careful enough while selecting the best SEO services company.

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Maximize Organization’s Profits by Hiring Dedicated SEO Experts

Jun 05 2023 Published by under Uncategorized

Many people and organizations often ask the question: why they must hire a dedicated SEO? SEO experts’ answer- to SUCCEED! In this advanced age of online marketing, it is highly important that one invest his/her money in dedicated SEO Services, for this decision will give many long term benefits to his online business. SEO is used by dedicated SEO companies to build a commendable presence online. A full time SEO expert helps to build popularity of respective businesses with his knowledge and attention on the subject of SEO.

Whenever one would hire dedicated SEO to increase his website’s online presence, it would enable him to bring consistency in whole process of SEO and ultimately grow online business with a boost. If one ever wishes to improve website performance online, getting help from a full time SEO is recommended as it allows business to reach the peak of success that owners always dream of.

If you want to succeed in getting your websites on the first page of a search engine, highly efficient full time SEO experts could help you a great deal. Dedicated SEO Services would handle the project with quality as well as sincerity. They will keep you first so that you can achieve impressive results for your online business. A well-known full time SEO would work towards promotion of website on a search engine with thorough researched focus. They also deliver quality results with vigilant monitoring, offer new suggestions, guarantee rise in the website traffic, assist in making SEO strategies and trust in overall growth of business of the client.

Hiring dedicated SEO depends upon various factors like: proven expertise in given field, quality talent to serve online business needs, reasonable charges, quality work to augment website traffic, maintaining confidentiality, analyzing prospective competitors thoroughly and so on. There are many full time SEO experts providing these factors to provide all their clients an edge over competitors. As dedicated SEO focuses entirely on clients’ website, clients usually get benefitted by these SEO professionals.

Advantages of a full time SEO Expert are many, such as these experts work wholly on your project, start working from day one, identify requirements as well offer powerful SEO solutions, guarantee more traffic towards the client’s website, carry out Keyword research, create Meta tags, Optimizing pages, regular maintenance and more. Thus, it is rightly suggested to get top SEO Company experts hired for your website development, as it is not just website which will grow, but your business as a whole will grow tremendously.

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How to Put Your Business Online?

Jun 05 2023 Published by under Uncategorized

Being in the web design business in Penang (Malaysia), this is the common question that I have been asked repeatedly. Many entrepreneur here are still unaware of how they can put their current business online and why they should. Well, there are a few main benefits:

1. Internet business is borderless. By launching business online, your service or products will be exposed to not only local buyers, but potentially international customers.

2. Manage from any where. If you own your physical shop, you can only manage it from your store. However for online business, you can manage or monitor it from anywhere – overseas, or at home, or office, or anywhere that you have access to the internet. Convenience?

3. Lower Startup Cost. When I charge RM1500 to RM3500 to design a standard business web site, people first reaction is “Wah, so expensive!” . People who reacts like this has never think of how much he spent initially for his physical business. RM30,000 may be for shop renovation and set up. So what is RM1500 to RM3500? A few hundred ringgit for a web site? Yes there are… from a guy next door with part time job may be…

4. Low Maintenance Cost. Paying your shop rental RM1000 to RM3000 a month? Then what is paying RM200 to RM300 a YEAR for server hosting fee? Design fee is only 1 time, and the rest is just paying for the server rental only. You need a web server operating 24 hours a day, 7 days a week to run your website online.

5. Customer’s convenience. Tired of faxing your product catalogue when your client required ? And costly too if faxing to overseas. Further more, in black and white only. So why not putting it online and let your client or potential customer browse by themselves easily and conveniently from their place.

6. Easy & Fast Product Update. When product specs changed, or new products arrived, you need to reprint your catalogues, and dispose off your old catalogues, and re-inform or re-post your new catalogues to your existing clients. Waste of time and money, isn’t it? With online system, you can easily manage, insert new, edit or delete product information and photos in a matter of minutes. Just inform your existing client to get the update from your web. Period.

7. Easy Ordering. Customer doesn’t have to come from far to your shop in order to buy a piece of cake. They can order it online, pay it online, and you deliver it right to their door step. Easy?

So, back to this topic, how to put your business online? Easy, just compare online and offline business below. Basically you need 4 main steps:

Step 1

Register a Web Domain name – yourcompany.com (RM49) or yourcompany.com.my (RM100) – Yearly Renewal.
This step is equivalent to register your company name with the Company Registrar. Yearly payment too.

Step 2

Rent your Web Space at Datacenter in Cyberjaya, KL or so-called “Web Hosting”. Yearly Renewal. It will run your website 24 hours x 7 days a week. 50GB Hosting Space (Web & Email) RM199 / yr.
This is equivalent to Renting a shop lot to run your business. Monthly or yearly payment.

Step 3

Design your web site and put in information or create your online store and load the products to sell. This can be done by you (if you know) or hire a web designer. 1 time payment.
This is equivalent to Hiring contractor to build / renovate / decorate your shop lot and then showcase your products. 1 time payment too.

Step 4

Promotion & Marketing. By listing your site on Google / Yahoo / MSN plus other top business directories, or pay to advertise with them.
This is equivalent to printing of flyers or banners to market & promote your business.

I will be discussing deep into each steps above in my next article. By now you know that it is actually same steps taken to launch your business online. The different is you need to find the correct party to do it and the cost is very much lower.

Advice : DO NOT just look for cheap, but also think of the quality of the web site you will be receiving, the features that the web site has, and whether it is made for a non-programmer (you) to update (DIY capability). If you do not have the easiness to update web info, you will have to rely on that designer for updating all the time. Nothing is wrong though. Just in case.. he is gone or out of the business… who knows?

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Do You Know How Much Your Legitimate Business Online is Costing You?

Jun 05 2023 Published by under Uncategorized

Do you know how much you are spending to run your work from home legitimate business online? Do you know if you are running on profit or loss? If you answered no to both or either one of the above questions then you should seriously consider getting the figures now. The future of your business online depends on them.

It has just been brought to my attention that most online business owners do not know how much their work from home business is costing them. I know this is surprising but it’s true. Let’s tackle this from the standpoint of money and time.

Money and time are the two constant factors that are available to everybody. Some folks have more time than money. Others may have more money than time. Those who have the money may opt to build their home legitimate business online by outsourcing. An option to have others perform the online marketing tasks for you for a fee. They can also buy traffic. This is evident in the form of pay per click services and buying advertising spaces to name a few.

It’s great if you are making a profit with the said marketing tactics. What if you are not? Do you know what are you spending to make a sale? If you are spending $30 to make a profit of $25, you are wasting your money. This is the obvious example.

Let’s look into another scenario. Have you given a thought of how much you are spending to run your work from home legitimate business online? By this I mean the costs for your hosting, domain name, auto responders, advertising, marketing and so on. You must include all the above factors into consideration when calculating the total cost for your online business.

This simply means that, if you spend $100 a month to run your business and you make $200 in sales, you would be making a profit of $(200-100) $100 every month. Anything less than $100, you will be running at a lost. So, be aware.

If you are on a tight budget, you should seriously give this a thought. Article marketing is one of the most popular and effective ways of zero cost marketing. It involves writing and distribution of articles to article directories and websites. A productive way to create back-links to your website. This is not an instant traffic booster. It may take a while to see the effect but once traffic starts coming, they don’t stop easily.

You must always know the operation cost of your work from home legitimate business online. Determine what your time is worth on an hourly rate and keep track of that every week. From here you will have a good idea how much you are spending on your home legitimate business online.

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Fatal Mistakes SEO Beginners Should Avoid

Jun 04 2023 Published by under Uncategorized

SEO (Search Engine Optimization) is a significant process that helps to increase the visibility of your website. It’s main objective is to appear your link natural and helps to target a wider audience. When you are new to the SEO industry, so, the chances you make lots of mistakes and it will take many years to be a master. Google changes its algorithm timely therefore, people who are not well-aware of its latest techniques, get confused and take wrong actions that made an inverse result. Here are some common mistakes people make that you should know before get started.

Using The Same Strategies Over And Over, Again: One of the common SEO mistakes beginners make is that they use the same strategies every time. Google love unique things and if you use the same strategy over and over again, so, it will never give you the results you deserve or expect. It is an investment that pays you off later, but only if you invest at the right strategy.

Taking Shortcuts: Another mistake beginners make is taking the shortcuts like buying backlinks, paid ads and so on. These things actually hurt your efforts and give you adverse results that too for a limited time period. So, you should never go for a short cut always keep in mind that slow and steady wins the SEO race.

Not Empathizing On What Is Important: If you think that easy route leads you to the right way, so, you are wrong because the simplest ways aren’t always the best. On the off-chance, you even think that an easy keyword reaps traffic like other competitive keywords do, so, you are surely in the wrong direction and it’s better to change your way before it’s too late.

Avoid Consulting An SEO Company: SEO is blends of On-page and Off-page techniques that helps to boost up your website ranking and understanding these techniques and implement them well is not everyone’s cup of tea. So, you should never hesitate to take professional assistance because they are experienced and know what’s best for your business.

If you make any of the above mistakes, so, you should stop doing it from right now. This is because competition in the market is at its peak and you need to take your action immediately before it’s too late. These are some silly mistakes you can avoid to pro in the industry and get the results of your efforts beyond your expectations.

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