International business transactions have become increasingly common in today's globalized economy. However, such transactions come with their own set of risks and challenges. Companies that engage in international business must be aware of these potential pitfalls and...
Business
What should you consider when forming a business contract?
A business contract is formed when two or more parties agree on the terms of a transaction or exchange of services. There must be a clear offer, consideration and acceptance in order for a business contract to be valid. Here are a few things to consider when creating...
5 challenges to consider when doing business internationally
Perhaps your research shows that the innovative products your company manufactures would find new customers in European countries. Expanding into the global marketplace can be lucrative but risky. Here are five challenges to consider when you plan to do business...
Global turmoil, economic volatility and overseas investments
With much of the world caught off-guard by the recent events in Eastern Europe, the far-reaching impact has influenced a number of people across the globe. People with international investments, for example, have expressed concern about the reverberations of war and...
Understand the tax treaty between Germany and the U.S.
When German citizens have business interests in the United States, they may need to pay taxes in both countries. However, they may be able to take advantage of the income tax treaty. According to the Internal Revenue Service, a tax treaty is an arrangement that the...
How do you explain employee raises?
As a business owner, you want to take great care of your employees and pay them their worth. To satisfy all workers in your company, you must share the news of a raise carefully. Chron explains how to tell your workers they got a raise. Learn how to communicate the...
Is intellectual property covered by common law?
As some of the most valuable assets of a company, intellectual property and branding are very important to a business. Residents of New York City and other nearby areas may want to learn more about whether intellectual property, or IP, is covered by common law....
Double taxation for US expats in Germany
Thousands of US citizens reside in Germany, so it's vital to understand how German residency affects US taxes. Many American citizens are attracted to the business-friendly culture of Germany, and some reside in Germany while serving at a US military duty station....
Understanding international taxation
International taxation is one of the most complex and challenging aspects of doing business across national borders for New York companies. There are plenty of big advantages to going international, but dealing with the taxes is more than just a matter of accounting;...
Important differences between German and US business culture
The differences between German and US business cultures can lead to serious misunderstandings when you are conducting international business. New York and US culture as a whole can take Germans by surprise just as their own culture can give you the wrong impression....
