Fraud is an ever-present risk for any business, regardless of geography. One of the biggest threats to businesses of all sizes is cybercrime. Manipulation of business-to-business payment channels has resulted in an increasingly challenging environment for business owners and controllers alike. Consider the following case study as an illustration of the threat:
When working with Canadian companies considering a Buffalo Niagara business expansion, availability, costs, and market conditions are always primary concerns. Canadian business owners are unsure of the availability of commercial properties, average sale/lease rates, and the current trends relating to Buffalo Niagara real estate.
Our lives are extensively documented on phones, laptops, and on social media. Some of this information is very personal, and a lot of travelers may wish to keep this sensitive data private. However, each time you enter the United States, regardless of your status or documentation, Customs and Border Protection (CBP) determines your admissibility to the country, and part of this determination may include searching a traveler’s electronic devices. With these types of searches becoming increasingly common, it has never been more important for individuals to know and understand their rights at the border.
The International Economic Development Council (IEDC) is the professional association for practitioners to learn best practices on how to grow their local economy. The organization provides educational opportunities for its members throughout the year, from webinars to multi-day conferences.
Tradable sector -- Or traded sector. A term that labels industries, or sectors of an industry, that can sell their goods or services in an international marketplace. The most commonly used example of a tradable sector is manufacturing, whose inputs and outputs, can span the globe.
New Flyer is the largest manufacturer of heavy-duty transit buses in North America with 3,800 employees and thirteen facilities across the U.S. and Canada. As part of the capital plan to upgrade public transportation in the New York City area, the Metropolitan Transportation Authority (MTA) awarded New Flyer a contract to refresh the entire system’s bus fleet. The contract required a portion of the final product be manufactured in New York State.
The economic developer’s toolkit in New York includes a variety of tax incentives, abatements, grants and loans that can be quite confusing, even for a seasoned professional. Many incentives at the state and local levels can be utilized for one project but not all incentives can be layered. In the case of the state’s two largest tax incentive programs – the Excelsior Jobs Program and Start Up NY – only one can be applied to a company’s project. That brings up the question – which program is best suited to benefit a company’s growth?