April 17, 2021

What Does It REALLY Mean?

1 min read
While on business travel, I was riding the Metro subway in Washington, DC and got...

While on business travel, I was riding the Metro subway in Washington, DC and got off at the end of the line. Failure is learning experience. All human being makes mistakes. The best one is who accepts these mistakes and correct them. Success comes to such people who are ready to learn. Learning is never ending process, every time a lesson is learnt to improve upon. When the time is right, focus in on your new market, be sensitive to their culture, and go beyond English. The multinational game isn’t just for Fortune 500 companies anymore, the rules are changing. There business plan are basically two ways to arrange a business succession. The Cross-Purchase Agreement is structured so that each partner buys and owns a policy on each of the other partners in the business. Each partner functions both as owner and beneficiary on the same policy. The Entity-Purchase Agreement is less complicated. Here the business itself purchases one policy on each partner and becomes owner and beneficiary of the policy. Upon the death of any partner or owner, the business will use the policy proceeds to purchase the deceased person’s share of the business.