From Greg's Head

Insight, Information, and Commentary on Accounting and Technology Trends.

Pay Per Click and Content Driven Search Engine Optimization

Posted in PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMakers Radio Show on KPRC 950AM.

PKF Texas: The Entrepreneur’s Playbook® – Brian Gaubert from The Businessmakers on Vimeo.

Greg: This is PKF Texas and another chapter of the Entrepreneur’s Playbook. I’m Greg Price, Director of Consulting Solutions and I’m here with Brian Gaubert, founder and CEO of ContentActive, one of our clients. Brian, welcome to the Playbook.

Brian: Thanks, Greg. Thanks for having me.

Greg: So Brian, if I’m an entrepreneur and I’m trying to get my business recognized by the search engines, is there any secret about that that I should know about?

Brian: Well there are a few secrets but I’m gonna tell you about one of the best secrets and it’s called Pay-Per-Click. Pay-Per-Click gives you the ability to pay per click. It gives you good results in the search engines and you get them very quickly and you play with the big boys.

Greg: So is there anything else that you can get?

Brian: There is. It’s called Search Engine Optimization. If you build your website with great content, you will play with others in optimized content and you will get good rankings.

Greg: Sounds like that’s why I need an advisor like ContentActive to help me get there.

Brian: That’s right.

Greg: Brian, thanks for being here today. Will you come back and join us again sometime?

Brian: Absolutely.

Greg: Fantastic. This has been another thought leader production brought to you by PKF Texas, the Entrepreneur’s Playbook. Tune in next week for another chapter and if you’d like to learn more about ContentActive, you can find them on the Web and ContentActive.com.

The Impact of International Tax Treaties When Doing Business Overseas

Posted in PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMakers Radio Show on KPRC 950AM.
 

PKF Texas: The Entrepreneur’s Playbook® – International Taxes 2 from The Businessmakers on Vimeo.

Greg: This is PKF Texas, and another chapter of the Entrepreneur’s Playbook. I’m Greg Price, director of consulting solutions, and I’m here, again, with Rafael Carsalade, a tax director at PKF Texas that specializes in international tax matters. Rafael, welcome back to the Playbook.

Rafael: Thanks for having me, again, Greg.

Greg: So, Rafael, last week, we were talking about creating a tax presence in international countries, and we got to talking about what the options might be in dealing with that, and we almost ran outta time, so we had to cut it off right then, but you talked about options when you have treaties and don’t have treaties, so can you expand upon what the impact of that means?

Rafael: Yes. It makes a big difference. The US has a web of tax treaties. Part of those treaties talk about creating a taxable presence in the foreign country. If the US does have a treaty with the country with which you’re doing business with, the threshold for you or your company to become taxable in that state is a lot higher, so there’s a lot more room to maneuver.

If the US does not have a tax treaty with that country, then the threshold is much lower, and you become taxable in that country a lot sooner, and a lotta times, a lot sooner than what you might want or expect.

Greg: Wow. That’s a very impressive discussion, and I understand now why we have you here helping our clients that are doing business overseas. Thanks for being here.

Rafael: Thank you.

Greg: This has been a Thought Leader Production, brought to you by PKF Texas, the Entrepreneur’s Playbook. Tune in next week for another chapter. And remember if you’re doing business overseas or internationally, give PKF Texas a call.

 

Creating a Taxable Presence Internationally

Posted in PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMakers Radio Show on KPRC 950AM.


PKF Texas: The Entrepreneur’s Playbook® – International Taxes from The Businessmakers on Vimeo.

Greg: This is PKF Texas, and another edition of the Entrepreneur’s Playbook. I’m Greg Price, director of Consulting Solutions, and I’m here with Rafael Carsalade, a tax director at PKF Texas. Rafael, welcome to the Playbook.

Rafael: Thank you for having me here, Greg.

Greg: So, Rafael, you specialize in international tax. So if someone’s getting ready to business overseas, are there any issues or pitfalls one needs to be aware of?

Rafael: One common is to make sure not creating a taxable presence for yourself in the foreign country which you’re doing business with.

Greg: Wow. How does that happen?

Rafael: It can happen fairly easily if you spend too much time in the country, or maybe even if you just have some goods store in there for a temporary amount of time, for example.

Greg: So, Rafael, if you accidentally have this happen to you, what are kind of your options to deal with this?

Rafael: Well, there are two different categories of issue. One is whether the country you’re dealing with has a tax treaty with the US, and the other is countries that don’t have a tax treaty with the US.

Greg: Well, I can see, Rafael, this is a very important topic. Would you come back next week, and we’ll talk about this some more?

Rafael: Absolutely.

Greg: Fantastic. So we’re gonna have Rafael back for another segment on international tax. This has been a Thought Leader production, brought to you by PKF Texas, the Entrepreneur’s Playbook. Tune in next week for another chapter. And remember, if you’re doing business internationally, give PKF Texas a call.

Unclaimed Property – What it is and how can it impact your business?

Posted in PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMakers Radio Show on KPRC 950AM.

PKF Texas: The Entrepreneur’s Playbook® – Unclaimed Property from The Businessmakers on Vimeo.

Greg: This is PKF Texas, the Entrepreneur’s Playbook. I’m Greg Price, Director of Consulting Solutions, and I’m here with Mark Scimemi, a tax director at PKF Texas. Mark, welcome back to the Playbook.

Mark: Greg, thanks for having me back.

Greg: So, Mark, I’ve heard people talk about unclaimed property, and I don’t think we’re talking about the lost and found box at my daughter’s school. So what is that?

Mark: Unclaimed property is property that the state collects from folks who are holding property for others. That’s kind of dense, so let me make it real simple. Let’s say you’re a business and you have an employee who doesn’t cash their last payroll check. After some period of time that business is supposed to send that payroll check into the state and then the state will hold it until that employee comes forward. And so that creates two sides to this equation; there’s the unclaimed property that a business is supposed to send in, but many businesses also have unclaimed property that’s at the state.

Greg: So, Mark, if someone wanted to find out if they had unclaimed property what would you advise them to do?

Mark: The states make this really simple; go to any search engine, type in the name of your state and then the words “unclaimed property,” and likely the very first hit is going to be that state’s search engine so that you can type in your name and see if you’ve got any unclaimed property.

Greg: That’s good insight to the unclaimed property issue. I’m glad you were here to share that with us today.

This has been another Thought Leader production, brought to you by PKF Texas, the Entrepreneur’s Playbook. Tune in next week for another chapter. And remember, if you have unclaimed property, make sure you’re checking your remittances and what also might be owed to you.

Using Sports to Teach Key Values

Posted in Observations

As we start the new year I came across this article, “Glass Balls and Core Values,” from Scott Morrill that was part of the Boomer Bulletin in December 2011.

I have been reflecting upon a message of this type to start the year.  Scott’s article is pretty good and hope it challenges you, as it did me to make sure we are always “Responsible and Accountable” for what we say and do each day in the business community.  It’s a strong message to say about your organization and more importantly, your clients and prospective clients will recognize you as being one of their trusted advisors.

Enjoy Scott’s reflections.

Multi-State Tax Issues

Posted in PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMakers Radio Show on KPRC 950AM.

PKF Texas: The Entrepreneurs Play Book – Multi-State Taxes from The Businessmakers on Vimeo.

Petris Using Microsoft Dynamics NAV for Multicurrency Transactions

Posted in Microsoft Dynamics NAV, PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMaker’s Radio Show on KPRC 950AM.

PKF Texas: The Entrepreneur’s Playbook® – Petris from The Businessmakers on Vimeo.

Microsoft Dynamics NAV: Flexible and Scalable

Posted in Microsoft Dynamics NAV, PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMaker’s Radio Show on KPRC 950AM.

PKF Texas Entrepreneur’s Playbook – Michael Harding from The Businessmakers on Vimeo.

Greg: This is PKF Texas: The Entrepreneur’s Playbook. I’m Greg Price, director of consulting solutions, and I’m here again with Michael Harding, CS manager at PKF Texas. Michael, welcome back to the Playbook.

Michael: Thank you, Greg.

Greg: So, Michael, in today’s world, CEOs, CFOs, they’re out there considering software selection and ERP solutions. What are some of the challenges that they’re facing these days?

Michael: Greg, I think there’s a lot of challenges. I wanna talk about two attributes that we wanna highlight today, the first of which is flexibility, because one size doesn’t fit all when it comes to an ERP. And you need the ability to adapt and be able to configure to meet the needs of different industries. The second is scalability. You have an investment in a product that you want to grow along with your product, while still providing the return on investment that you’re looking for and the functionality that you need to run your business efficiently.

Greg: You know, at PKF Texas, we specialize in Microsoft Dynamics NAV. What are a couple of key attributes of NAV that our prospects and clients should focus on?

Michael: Microsoft Dynamics NAV is not tied down to the out-of-the-box basics. It is adaptable. It is able to be configured to meet the needs of different industries. There’s a strong international component. You’re able to do multi-currency transactions around the world, and you’re also able to use this product if your revenues are $5 million to $5 billion.

Greg: Wow, that’s a lot of insight in terms of the ERP solutions that are out there. Thanks for sharing that with us today. If you have further questions about this, you can reach us at PKF Texas. This has been a Thought Leader production, brought to you by PKF Texas: The Entrepreneur’s Playbook. Tune in next week for another chapter. And remember, if your debits don’t equal your credits, give PKF Texas a call.

Choosing a Partner for ERP Implementation

Posted in Microsoft Dynamics NAV, PKF Texas - The Entrepreneur's Playbook®

Note: Running weekly in FromGregsHead.com, PKF Texas – Entrepreneur’s Playbook® is a continuing series of tips brought to you by Greg Price. These run Sunday evenings during the BusinessMaker’s Radio Show on KPRC 950AM.

PKF Texas: The Entrepreneur’s Playbook® – Microsoft Dynamics NAV from The Businessmakers on Vimeo.

Greg: This is PKF Texas, the Entrepreneur’s Playbook. I’m Greg Price, director of consulting solutions, and I’m here again with Michael Harding, CS manager at PKF Texas. Michael, welcome back to the playbook.

Michael: Thank you, Greg.

Greg: So Michael, in some earlier segments, we talked about Microsoft Dynamics NAV. What are the key value propositions for that product?

Michael: Well, I’ll boil it down to three things. It’s fast to implement, easy to configure, and simple to use. And those make it an attractive option for an ERP.

Greg: Now Michael, we’ve heard a lot about software companies and their long-term viability. What’s Microsoft’s commitment to Dynamics NAV?

Michael: Well, it’s been around for over 30 years, and it has over 80,000 customers, and Microsoft’s latest statement of directions announced that the next release is out in the end of 2012, and the statement of direction actually takes us into 2025 with their committed effort.

Greg: Wow, that’s a long time in the future. Most of us will be retired by that time. So tell me, what is the hidden value or what’s the most successful attribute for an ERP implementation?

Michael: You know, selecting the software is important, but just as important is selecting a partner that is experienced, that has the in the trenches type experience that’s going to take you to a successful implementation.

Greg: You know, those projects are highly complex, and in this case, experience definitely does count. This has been a Thought Leader Production brought to you by PKF Texas, The Entrepreneur’s Playbook. Tune in next week for another chat. And remember, if your debits don’t equal your credits, give PKF Texas a call.