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Many countries designate certain areas within their borders as a free trade zone. Free trade zones help to minimize international trade barriers, enabling importers and exporters to operate under better economic conditions. However, many importers and exporters are unfamiliar with free trade zones and uncertain how to take advantage of them. What is a free trade zone? A free trade zone is a designated area that eliminates traditional trade barriers, such as tariffs, and minimizes bureaucratic regulations. The goal of a free trade zone is to...
Would your business be more successful with a different business structure? Could your sole proprietorship or partnership use more liability protection? Do you want to avoid excessive fees and bookkeeping requirements for your LLC or corporation? Questions like these prompt business owners to reconsider their current business structure. If you are considering a change to your business structure, be sure to understand all of your options and weigh the pros and cons of a switch. Assess Your Options; Types of Business Structures...
Are you a woman, minority, or veteran, and do you own your own business? If so, you likely wondered how and where to register your business. To clear up the confusion, we'd like to set the registration record straight for these business types. There is no formal government registration process for women, minority, or veteran-owned businesses that differs from the standard process all businesses follow. Registering a business involves filing paperwork with the government to obtain certificates, licenses and permits in order to legally...
Are you a woman, minority, or veteran and own your own business? If so, you likely wondered how and where to register your business. To clear up the confusion, we'd like to set the registration record straight for these business types. There is no formal government registration process for women, minority or veteran-owned businesses that differs from the standard process all businesses follow. Registering a business involves filing paperwork with the government to obtain certificates, licenses and permits in order to legally operate....
Some states require licensed professionals to form PLLCs, or professional limited liability companies. Read on to understand what professions may need to register as a PLLC, and the steps to do so. What is a PLLC? A Professional Limited Liability Company, also known as PLLC, is essentially an LLC; a legal structure that provides limited personal liability, tax efficiencies, and operational flexibility - that is formed around a licensed professional service. Each state determines what business activities require licensure, but typically...
Some states require licensed professionals to form PLLCs, or professional limited liability companies. Read on to understand what professions may need to register as a PLLC, and the steps to do so. What is a PLLC? A Professional Limited Liability Company, also known as PLLC, is essentially an LLC; a legal structure that provides limited personal liability, tax efficiencies, and operational flexibility - that is formed around a licensed professional service. Each state determines what business activities require licensure, but typically...
Selling products or services in the international marketplace is a viable option for businesses looking to expand. Business.go;s guide, Selling Internationally - A Quick Guide to Exporting, will help you get started and navigate the rules and regulations of international trade. As a follow up to that guide, we'd like to highlight a new resource guide from the Federal Trade Commission to supplement this information. Our quick guide to exporting explains, 'The Internet has helped many small businesses sell their products overseas.' With this...
Selling products or services in the international marketplace is a viable option for businesses looking to expand. Business.go;s guide, Selling Internationally - A Quick Guide to Exporting, will help you get started and navigate the rules and regulations of international trade. As a follow up to that guide, we'd like to highlight a new resource guide from the Federal Trade Commission to supplement this information. Our quick guide to exporting explains, 'The Internet has helped many small businesses sell their products overseas.' With this...
Unpaid internships are not illegal, but there are very strict guidelines that employers must adhere to. Even if a student worker receives academic credit for an internship, it does not mean that can they work for free. Read on to learn when an internship can be unpaid and how to stay within the law when employing student workers. Understanding the law The basic principle behind a legal unpaid internship is simple - unpaid interns cannot do any work that contributes to a company's operations. This includes any tasks that help you run your...
Unpaid internships are not illegal, but there are very strict guidelines that employers must adhere to. Even if a student worker receives academic credit for an internship, it does not mean that can they work for free. Read on to learn when an internship can be unpaid and how to stay within the law when employing student workers. Understanding the law The basic principle behind a legal unpaid internship is simple - unpaid interns cannot do any work that contributes to a company's operations. This includes any tasks that help you run your...
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by JamieD, Former Moderator on Friday, June 25, 2010 - 12:26