Great question! I've said it before and I'll say it again: Asia is growth and you cannot afford to not have an Asia growth strategy, regardless of the size of your company. I've been based here in Singapore for nearly 5 years and have observed how Singapore's leaders have worked hard to position ...
Exciting times. When I read between the lines having faced a similar decision on more than one occasion, I see all the missed opportunities from having been too busy personally to be as effective as needed. The good news, there is but one weakest link in any system and that includes your business...
As a business owner, I face similar issues myself. I'm sure you already know this but for something like this, you really should consult a lawyer and a tax professional. Having said that, the cleanest and safest way to do this would be to dissolve the current S-Corp and create a new one under a...
If you're a US citizen living outside the country more than 330 days/year, then you meet the Foreign Income Exclusion test. Talk with your tax preparer about this. If you meet this test, you're first $100K (roughly) is income tax free, if + only if you take the money yourself. If you run the m...
Making sales and figuring out what potential customers want. Really, everything else can be done after you've proven that there really is a business opportunity. www.DavidCBarnett.com
What you're talking about is starting a business with the first customer already identified. You could even make the sale and sign a contract before you start. This is a great way to reduce the risk in doing something new. For added advantage, see what you might do to recycle the systems and ...
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Certainly a lead gen website would help with a strong call to action. LinkedIN would be a good source of leads as well. Dont discount using Direct Mail to get your message accross Even though it is a little costly, the most powerful way is to send your direct mail piece via FEDEX or DHL This...
Just because two people are connected to each other on LinkedIn, doesn't mean that these two people have a strong connection to one another. So first, ask your Mentor directly whether (s)he knows this person well enough to make an introduction. Also, I'd suggest that instead of asking that th...
Still gather cash flow generating assets for your mom business; such as mortgages, bonds, and other types of debt/s and repackage them into discrete classes based on the level of credit risk assumed by you as an investor. Then you can help your mom get her business publicly trade.