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...
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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...
4 types of breach of contract business disputes
Organizations often agree to terms based on a written contract. These carefully drafted contracts usually contain milestones, the scope of the project, approved materials and an ultimate deadline. Unfortunately, one party might fail to fulfill their obligations to the...
What should I know before I start a business in Guam?
It is always wise to conduct thorough due diligence before starting a business. This will vary depending on the business’ goals, but generally includes: Market research. It is important to review the market to ensure there is demand for the product or service that...