Expanding a business can be a lucrative endeavor, but it's challenging. Before taking the plunge into new markets, consider these essential factors to ensure a successful expansion. Market Research is Paramount Thoroughly research the target market. Understand the...
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Choosing the Right Business Structure: Key Decisions for Success
Starting a business is exciting, but one of your first important decisions is selecting the right business structure. Your choice profoundly impacts taxation, liability, management, and growth. We will share a few key factors to consider when choosing a business...
Advantages of investing in Guam
When you are looking to expand your business, whether as an established corporation looking overseas to a new territory or a local looking to start a small business, Guam can be an excellent choice. Guam is a gateway to many commercial markets, and as such has drawn...
New law may expand lease options for businesses in Guam.
Those who currently own a business or are looking to start operations in Guam may have new options when it comes to commercial lease opportunities. Democrat Sen. Roy Quinata recently introduced a bill that would extend the length of leases business take out for use of...
How to open a cannabis business in Guam
If you have been considering entering the cannabis business and are wondering if and how you can do that in Guam, the answer is yes – you can start your own cannabis business. The cannabis industry is still new, evolving and growing, so you must ensure you do things...
Investor Fraud
Suppose you are considering investing in an asset or are a long-time investor. In either case you should be aware of investor fraud, which is a crime and can result in severe legal consequences. There are types of investor fraud; some are widely known, while others...
What you need to know about setting up your business in Guam
A few weeks ago, we wrote about setting up your company overseas. Let’s take a closer look at what it’s like to open a company in Guam. Though Guam is technically a part of the United States, there are some crucial differences. Enlist a registered agent If you’re...
Issues to consider when launching an overseas business
There are many benefits and certain advantages to opening a business overseas. These include access to new markets and taking a product or service into an international market that may be more receptive than your domestic one. Of course, overseas countries may have...
Choosing a classification for my business in Guam
Starting a new business can be an exciting time. It is an opportunity to choose your future and impact your community. Guam may seem like an incredible option as you look at your potential markets. When it is time to move forward, you must choose a classification for...
4 tax planning steps that can help small businesses build for success
Savvy business owners know that certain business strategies can help save money. One example: tax planning. Proper planning can help your business make the most of tax saving options and reduce the business’ tax obligations — leading to a higher profit margin. The...