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Posted on Jun 19, 2018 in Business Tips

Real estate investing: put off tax bills with these strategies

For real estate investors, paying taxes is optional. This definitely represents a bold statement, but if you consult a CPA, you will hear the exact same thing. In fact, if you complain about the burden of taxes as a real estate investor, then you are not familiar with the most effective strategies for saving on taxes all year round. In this case, working with an experienced tax advisor becomes fundamental, especially because you must grow your portfolio and in order to earn a living from investing, your income must exceed monthly expenses. Starting with something lighter, do you know all the tax deductions and tax traps for real estate investors? When it comes to tax pitfalls, capitalization of improvements and passive loss limitation are two of them. In what concerns tax deductions, the list is much longer and it includes insurance and interest, home office and employees, travel and legal services, repairs and casualty losses. Diving straight into this subject will help you immensely but joining forces with a reliable accountant while doing it is even more helpful.

1031 exchange and depreciation

If you doubt it, then continue reading the article because you will discover how a specialist can inform you about clever strategies for deferring taxes. These lesser-known strategies refer to 1031 exchange like kind, depreciation, long-term capital gains and no self-employment, among others. Starting with the controversial 1031 exchange, it practically consists in selling a property and using the money earned to purchase a similar one used for business or investment purposes. This apparently simple swap can keep you away from taxes for a long time if you perform it mindfully. This means that you have to become familiar with the restrictions and regulations associated with the 1031 exchange so that you avoid receiving a huge bill from the IRS. Moving on to depreciation, which represents a powerful tax deduction, it applies only to materials that break down. However, you have to be very careful because the IRS knows the depreciation rate of the supplies purchased for business use so you have to act wisely if you want to obtain the much-wanted deduction.

Long-term capital gains and no self-employment

As a real estate investor, you already know what capital gain means. It refers to the profit you make after a property sale and the IRS wants a part of that profit. If you were the owner of the respective property for over the year, then you have to pay long-term capital gains. The tax rate usually depends on your income, but since you do not have a stable income and you have the possibility to use in your advantage the like-kind exchange, you end up paying less than you expect. This leads us to no self-employment because your income is not like the ones of most people so most do not even see it as “earned income”. Even the government thinks that rental real estate is not an actual job meaning that you do not have to pay the standard tax due for everyone else.

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Posted on May 26, 2018 in Business Tips

How to succeed in Europe’s fertilizer market

How to succeed in Europe’s fertilizer market

Fertilizers are an essential part of the food production chain, enabling agricultural productivity. They replace the chemical components that are taken away from the soil by growing plants. The raw materials, often in solid form, are delivered to manufacturers en-gross. Exports supply Europe. The marketplace for farm chemicals, such as fertilizers, is crowded. Therefore, succeeding in Europe’s fertilizer market is something of an impossible mission. Rivalry in fertilizer trading is huge. The good news is that it’s possible to survive and benefit from the global increase in food demand. Let’s find out how.

Planning and the market attractiveness

As a fertilizer producer, you have to establish what products make money and which ones take money. This is done by looking at how attractive the market is. The market attractiveness of any given product depends on the demand and growth prospects in the industry, as well as the pricing trends. You have to become actively engaged in improving your fertilizer production company. Take the example of Viatcheslav Kantor, who manages the Acron Group, a leading global mineral fertilizer producer. If he hadn’t invested time and effort into the Group, it wouldn’t have become what it is today. Those who improve their business have stronger chances of success.

Ensure access to competitive feedstock

Primary fertilizers comprise substances that are derived from raw materials. Various raw materials are used to produce phosphorous, nitrogen, and potassium. These raw materials have fluctuating pricing points, which rise and drop like the stock exchange. Taking this into account, it shouldn’t come as a surprise that leading fertilizer producers possess mineral resources. For instance, the Acron Group have secured an independent phosphate raw material base. Smaller players in the European fertilizer market that are unable to integrate mining or natural gas exploitation, resort to developing collaborative relationships. As a fertilizer producer, you can source your natural gas from centers like Austria or Belgium.

Diversify

In the agricultural fertilizer industry, it’s of paramount importance to stabilize operating performance. This can be realized through diversification of products. It’s important to have a diversified supply base and to make sure that the price is right. The act of enhancing choices when bringing products into the market is a great business decision. Supply chain diversification allows your company to distinguish itself in a positive way. Yet again, we must take Acron Group as an example. The company headed by Moshe Kantor has a diversified product portfolio. Fertilizer producers with a considerable diversification enjoy excellent results.

Improve process efficiency

The business process refers to the tasks that the employees use to create a product. As you can imagine, productivity varies among employees.  You can’t afford to have customers complaining about poor product quality. To improve the team’s process, analyze and redesign. Better yet, outsource labor. Labor accounts for as much as 10% of the costs, which is the reason why improvements need to be made. Examples of improvements include, but aren’t limited to, automating plant processes and outsourcing maintenance.

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Posted on Apr 19, 2018 in Business Marketing

How to improve your business’ in-house productivity

How to improve your business’ in-house productivity

When a company deals with productivity concerns, employees can often face increased pressure, which might actually end up affecting their work quality. If you have noticed that time and resource management lacks effectiveness within your enterprise, perhaps it’s time you seek solutions. Making improvements that can contribute to how productively you carry out business responsibilities is possible, and not as complicated as you might expect. Although you have many options put at your disposal, considering the tech innovations and digital tools now available on the market, the following ones remain the most popular among companies, for the various strong benefits they will can provide:

 

Project automation digital tools

The completion of various in-house projects, regardless of level of complexity, usually involves handling a wide range of routines tasks manually. Automating projects can save you a large amount of time, time that can be redirected towards other, more important business tasks. With the right digital tools at your disposal, you will gain the possibility to obtain project automation, so searching for forretningsløsninger in this department is the first step your company should take towards a productivity increase.

CRM capabilities

From improving information organization and enhancing communication across departments to achieving greater scale and centralizing process data, CRM capabilities can truly revolutionize how your business is currently functioning. Considering it provides a high level of support with various processes, whether they are repetitive or more complex, integrating CRM will bring you higher returns than you might believe. Considering it will cut down on your staff’s responsibilities in terms of routine tasks, it will also contribute to the improvement of employee satisfaction, which is something businesses should always focus on.

ERP capabilities

ERP capabilities come as advantageous as CRM ones, being essential in the process of improving productivity within a company. Accessing customer information and history in a faster manner, housing all business data in a single location, mobile friendliness, automating operations across departments, customizing and making reporting easier are only a few of the many things erp prosjekt software products can do for you. After analyzing each benefit, you can clearly conclude that this is the type of tool your business might have needed all along.  To combine the best of CRM and ERP, now you have the possibility of implementing a tool can encompasses all their best capabilities into one. Microsoft Dynamics 365, for example, is the type of digital tool that brings together the CRM and ERP features, enabling an effective process streamline. Look more into microsoft dynamics nav and see what it can do for you.

As you can see, your business should start focusing more on certain aspects, in order to improve in-house productivity, which might not exactly be at its peak level at the moment. Considering a productivity increase might be demanded for a profit boost, which is the ultimate goal of any company, using any option to your advantage is recommended. The options mentioned above will function great in this department, offering you appealing outcomes.

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Posted on Mar 8, 2018 in Business Marketing

Identifying the best commercial real estate investment opportunities

Identifying the best commercial real estate investment opportunities

The real estate market gives investors more possibilities than ever lately with numerous appealing programs available for access. Regardless if you are an already experienced investor, working in the industry for a long period of time, or you have only recently entered the market, continuing to learn and acquire new nights is necessary, considering the constant changing nature of this domain. For your profits to be as appealing as desired, and for your decisions to bring you impressive financial gains, identifying the best investment opportunities is a must, and there are a few relevant aspects that can help you do that:

 

Zero liability loan programs

In order for you to actually access the most advantages properties at the right time, receiving financial support is often necessary. Because you might not have the cash flow required at a certain time to acquire a specific commercial property you might have been eyeing for a long time, resorting to loans will probably be necessary. Nowadays, you have the possibility to resort to zero liability loan program.  Being insulated from lender liability is certainly an appealing prospect, which can give you peace of mind that you are protected against potential finical inconveniences. There are companies out there that give you the chance to enter a loan program of this kind, and thus enable you to actually go for the best structured real estate investment opportunities, without worrying about finances.

Passive income properties

One of the best ways to ensure financial stability in the long run, and to know you always receiving a monthly income is by investing in passive income properties. Commercial properties that are either managed by someone else, or imply low management responsibilities are the options that need your attention first, if you want to minimize your efforts, while maximizing your profitability. As long as you collaborate with the right people, you will come across a wide range of passive income properties that can provide you with exactly the investment outcomes you want.

Managed-direct ownership programs

Going hand in hand with 1031 property exchanges, manage-direct ownership programs are structured investment vehicles that allow you to access the best cash flow projections, and find non-recourse investment possibilities. With the support received from a team of specialists that offer programs of this kind, you will be able to discover a wider range of commercial properties that are worth investing in, and you will also be getting the resources necessary to actually make the overall investment process as seamless and advantageous as possible. From being presented with properties that meet your needs and criteria best, to extensive long-term cost analyzation, being part of a managed-direct ownership program will open you the doors towards a new, more attractive segment of this market.

As an investor, you need to strategically plan your every move, in order for your financial gains to increase and provide you with the stability desired. However, considering how complex the real estate market it, and the multitude of implications each investment requires, managing to always identify the best opportunities can be a bit challenging. With the tips mentioned above, you will be improving your strategies and making better investment decisions.

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Posted on Feb 20, 2018 in Business Tips

Website design mistakes that every small business should avoid

Website design mistakes that every small business should avoid

For a small business, a professionally looking website can do wonders. Apart from clearly showing the marketing efforts of the team behind the website, it also attracts an increased number of customers, thus creating brand awareness and higher profits. However, this method can also bring unpleasant effects that no business owner would enjoy. For instance, those brands that already have a solid client base can lose both customers and money if they take the website design process lightly. The main idea is that if you decide to create a website for your business, you do not get to choose the amount of effort you put into it. A compelling and original website represents the only goal you can set if you want to obtain the much-expected results. If you are content with a poor quality site, then you should not even bother because the public will be merciless when visiting the respective website. Unfortunately, not all business owners understand this and they continue making the same mistakes.

 

Not taking the time to understand your target market

If you believe that you can just start creating the website and add more details along the way, this is not the right attitude. Before even initiating the process, you have to do some research about your target audience. Nothing and nobody forces you to rush the process. Instead, you should carefully evaluate the needs of your customers by putting them at the forefront. For instance, if you are dealing with a younger audience, you have to understand that most teenagers use mobile devices everywhere they go meaning that your site must be compatible with smartphones and other devices. On the other hand, if you must focus on an older audience, you have to rethink the website design; a larger font size might captivate their attention faster. Apparently, business owners make mistake even before taking the first step towards creating the actual website design. For this reason, working with a website design Thailand agency might improve the situation.

Not thinking the website design process through

Moving on to the subject of interest, namely the website design, customers usually notice two extremities. First, the website design is too blinding and busy. Secondly, the website design is boring and visually unappealing. In the first case, if you resort to bright colors, capital letters everywhere and complex graphics, your customers will no longer be able to read the useful information on the website, which practically eliminates the entire purpose of the website. You want your current and prospective customers to learn more about your business and stay up to date with the latest changes and promotions. Mixing sizes, shapes and colors will ruin the potential of creating an interesting website. In the second case, people will not even take the time to explore the website or read the information provided because it does not captivate their interest. There are so many other websites excellently executed on the internet that yours would end up forgotten somewhere on the ever-changing platform. A professionally looking website is elegant and engaging.

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