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Recent Minority Business News

  • Fri, 22 May 2015 17:42:41 +0000: What’s New with the 11th Edition of ‘A Basic Guide to Exporting’? - MBDA Syndicated News Feed
    Created on May 22, 2015

    A Basic Guide to Exorting CoverThis post originally appeared on the Tradeology, the ITA Blog

    For more than 75 years, A Basic Guide to Exporting has helped U.S. companies make their first international sale and grow their businesses through exporting. Now, with an 11th edition, you may ask, what’s different? I’ll give you a few examples.

    In this new edition, there is expanded information on cross-border e-commerce and export controls, as well as a new chapter on rules of origin in Free Trade Agreements. This edition also provides updated content on creating export plans to strategically start or increase export sales. Good news for the many small- and medium-sized businesses who might be “winging” their current export sales.

    Additionally, A Basic Guide to Exporting features all new case studies including “micro multinationals,” which are small U.S. companies that sell to buyers in 30 or more countries. For example, Chapter 3 profiles Pennsylvania-based Zeigler Bros., Inc., a firm that researches and develops foods for animal and aquatic diets. The company made an early strategic decision to boost its bottom line by doing business overseas and has never looked back. Today, Zeigler supplies 300 different products to 50 countries, with exports accounting for more than 50 percent of overall sales. In Chapter 3, the guide describes how International Sales Manager Chris Stock overcame the challenges the company faced when trying to sell internationally, including helping customers deal with localized issues such as diseases that affect fish species being farmed, finding reputable partners, and gaining an understanding of environmental regulations in the countries where the firm does business.

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  • Thu, 21 May 2015 20:46:25 +0000: Colombia and Peru: Green Port Technologies Reverse Trade Mission - MBDA Syndicated News Feed
    Created on May 21, 2015

    Dates: May 31 - June 10, 2015
    Locations: Miami, FL; Houston, TX; and Los Angeles, CA

    This visit is designed to introduce delegates from Colombia and Peru to U.S. green port technologies and U.S. best practices for environmental management at port operations. The delegates will have the opportunity to learn about green port programs related to energy efficiency, pollution prevention, waste reduction, and resource conversation.

    The visit will include an Industry Roundtable in Houston, Texas on June 5, where U.S. companies can learn about upcoming opportunities in Colombia and the Peru and can meet with senior-level delegates.

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  • Thu, 21 May 2015 17:25:19 +0000: National Director Alejandra Y. Castillo Launches Twitter Account - MBDA Syndicated News Feed

    As part of the Commerce Department efforts to increase digital engagement with businesses, entrepreneurs, and other stakeholders through 21st century technology, National Director Alejandra Y. Castillo recently launched @MBDANatlDir, the official Twitter account of the National Director of the Minority Business Development Agency. “Social networking allows us to reach more minority entrepreneurs where they already network,” said MBDA National Director Alejandra Castillo. “This is a great opportunity to talk directly with Americans about the work of MBDA to create and sustain U.S. jobs by promoting the growth and global competitiveness of businesses owned and operated by minority entrepreneurs.”

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  • Tue, 19 May 2015 13:40:34 +0000: The Affordable Care Act and Employers: Why Workforce Size Matters - MBDA Syndicated News Feed
    Created on May 19, 2015

    EmployeesThis post originally appeared on IRS Health Care Tax Tip 2015-30

    The Affordable Care Act contains several tax provisions that affect employers. Under the ACA, the size and structure of a workforce – small, or large – helps determine which parts of the law apply to which employers.

    The number of employees an employer had during the prior year determines whether it is an applicable large employer for the current year. This is important because two provisions of the Affordable Care Act apply only to applicable large employers. These are the employer shared responsibility provision and the employer information reporting provisions for offers of minimum essential coverage.

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