Legal tax engineering is a mandatory business practice for anyone who wants to be competitive in today's globalized world, and only those who are not entrepreneurs can afford to refuse to acknowledge this fact.
With the same firmness that we criticize businesspeople who evade taxes or bribe officials to get a contract, we must defend every business practice which is framed within the law to pursue the best use of available resources to generate wealth through the production of goods and services, which is what businesses do.
In some countries in the region the gap between those who have to manage a business and those who seek to govern a country is widening, with appalling consequences for the economic and social development of those nations.
Opportunity in decision-making and risk management.
- An entrepreneur who does not make decisions threatens the existence of their company, and consequently their personal assets, and often the family economy and in turn their children's future.
The XIII National Private Enterprise Conference 2013 will be held on April 29, and will focus on the role of businesses and the investment climate.
The event will be held at the Sheraton Hotel Presidente from 1:30 pm. The current role of Salvadoran businesses will be discussed as well as prospects for improving the investment climate and socio-economic development of the country.
Entrepreneurial activity in rural Guatemala is focused on competitiveness, international business, and sea and air exports, although suit and ties are often replaced with more traditional attire.
"In an elegant hotel ballroom in the capital last Wednesday I watched, very proudly, a parade by a group of rural entrepreneurs. Genuine representatives of small communities from Quiché, Alta Verapaz, Huehuetenango, Sacatepequez, Chimaltenango and Retalhuleu. If you saw them on the street, you would probably not identify them as such, being very far from the stereotype of the suit and tie wearing entrepreneur. "
Successful entrepreneurs - those creatures that we are all now viewing as essential to save the world economy from its troubles - come from different countries, societies, cultural backgrounds and business sectors. There is no single or particular stereotype, however, these individuals have several things in common.
"Given the weakness of political parties the private sector has the opportunity and responsibility to use its considerable weight in favor of democracy."
The perception that Nicaraguan businessmen, particularly the members of the Superior Council for Private Enterprise (COSEP) and the American-Nicaraguan Chamber of Commerce (AMCHAM), are "complacent" with the Daniel Ortega’s government because of "selfish" attitudes is "unfair," said the former education minister and columnist Humberto Belli.
This is how we are raised in Latin America, disapproving or disliking those who earn a lot of money as businessmen.
Latin America does not foster entrepreneurship. Education, specially high school, rises us with the goal of getting a good job, as opposed to owning a business.
The problem is cultural, and has its roots in our educational systems, which pay a lot of attention to the protection of workers, leaving aside those who undertake business project and became businessmen.
The list of reasons for this serious absence begins with the culture of salaried employees, which is instilled at home and in educational institutions.
In Latin America, the general idea is that the success of a young person is his/her school grades, then how soon he/she graduates from the university and, ultimately, how fast he/she gets a good job. It is not customary for personal goals transmitted through family values to be related to being an entrepreneur.
Interview with Dionisio Gutierrez, president of Multi-Inversiones, a six-division holding and one of whose flagship companies is Pollo Campero.
"We urgently need to get the Central American community to be a single economic bloc, with the same currency and passport, so that the world will see us as a region of unified countries, which will open doors for us to investment and economic growth." This is, according to Dionisio Gutierrez, one of three key strategies that Central America should address to reach the level of development it deserves.
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To create greater prosperity in emerging markets by harnessing the power of private enterprise solutions to poverty.
Operates in Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (1-617) 209-7506