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May 12, 2020 News Latin America

Update: Argentina’s legislative response to COVID-19

The Argentinian government has provided grants, financing, and deferments for businesses affected by the coronavirus. Some of the relief, targets micro, small and medium enterprises, while others offer relief for companies that provide healthcare benefits to employees. Social Security Contribution Reduction Employer contributions are reduced by 95% for sectors critically affected by the coronavirus pandemic, […]

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May 09, 2020 News Latin America

Update: Mexico’s legislative response to COVID-19

The Mexican government has implemented legislative changes, grants, incentives, and extensions to ease the strain on the business. President Andrés Manuel López Obrador has pledged a 25,000 pesos ($1,000) credit for business owners, but that has yet to come to fruition. Debt Rescheduling The government has temporarily adjusted the accounting rules for banks and other […]

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Apr 30, 2020 Markets , News Latin America

Attractiveness of Latin America for Global Expansion

Global expansion can provide asset diversification, a richer talent pool, access to countless new markets, and fantastic business opportunities.  However, the world is a big place and it can be difficult to decide which country to choose. Fortunately, there’s a strong case for doing business in Latin America. Here’s why.  Untapped LATAM Markets  The U.S. […]

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Apr 21, 2020 Markets Latin America

What Are the Main Costs of Hiring in Latin America

Hiring in Latin America is a sensible solution for any business looking to expand globally, especially for North American companies.  Choosing a “nearshore” Latin American location often ensures a similar infrastructure, time zone, and cost-effective pricing structures. Many nations have a North American work ethic and value business partnerships.  Latin America is also an attractive option since many regions boast rich natural resources and geographic accessibility. When […]

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Trends in International Business 2020

Trends in international business are important to follow. They help your business react quickly to change to remain relevant, improve customer acquisition and retention, and save your company valuable time and money. Here are a few of the trends experts anticipate for 2020 and why they’re important for international business. Environmentally-Friendly Technologies Local, state and […]

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Expand Your Business Internationally – How to Properly Plan International Expansion

Our population has become increasingly mobile and globalized. Internet access is ubiquitous, with most people carrying around mini-computers in their pockets. There are predictions that by 2020, emerging international markets will be the new global leaders, particularly Brazil, Russia, India, and China. The opportunity to communicate and trade with people around the world has never been so […]

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10 Accounting Trends Every Business Should Follow in 2020

With the advent of new technologies and innovations around the world, the global economic environment continues to evolve and thrive. Change, therefore, becomes the new constant. As change becomes a necessity for growth, organizations that continue to reshape their business processes and business model need to also be aware of the latest accounting trends.  Accounting […]

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Short-Term Effects of Globalization

Globalization has changed the way we do business today. It offers countless benefits, including incentives offered by various nations to entice Foreign Direct Investment (FDI). Many countries make quality FDI a priority, because it can improve their nation without significant upfront costs. They may be able to (1) increase meaningful employment, (2) enhance the skill […]

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The Long-Term Effects of Globalization

Globalization offers many benefits for businesses. The larger international market offers massive opportunities, an increased client base and the potential for impressive revenue gains. Clearly, when a company is slow to adopt globalization it can eventually damage their market share. If one company doesn’t explore global expansion, another certainly will. They’ll be the first to […]

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Doing Business 2019: Behind the Numbers

Doing business within a particular region can be a very positive, profitable experience. Alternatively, it can be fraught with lengthy, profit-eating procedures and complex business regulations when you choose the wrong foreign location. This is why the World Bank’s Doing Business 2019 rankings receive so much attention annually. Their study objectively measures how easily a […]

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Choosing a Regional Location for International Expansion

When expanding internationally, a company normally weighs the pros and cons of each country to decide which best suits their needs. However, gaining a foothold in the new market involves more than a single overarching decision. Foreign businesses also face an abundance of location choices within the country and it can sometimes seem overwhelming. Luckily, […]

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Tips For International Business Travel

International business travel is more important than ever. Even though the digital age has made it easier to collaborate with others, human contact still counts. In-person meetings increase rapport, facilitate cooperation and enhance bonds. The ROI on business travel is also very strong. Oxford Economics USA reports companies realize $12.50 in incremental revenue for every […]

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