Fresh Insights, Timely Updates

Just Released: Business World March 2022

Russell Bedford International has released the March edition of its biannual magazine, BUSINESS WORLD.

Business World delivers the latest views and analysis written by specialists from within the Russell Bedford network, together with guest authors from various other organisations from around the world.

Articles in the latest edition include:

Doing business in Switzerland

Cheese, chocolate, and skiing are three things that perhaps come to mind when thinking of Switzerland. While many may only experience these when on holiday, there are others who enjoy them all year. These are the people who work and live in Switzerland, benefiting from high salaries, low taxes, excellent quality of life, and an efficient banking system.

Bruno Pinheiro, a tax consultant within the tax department of Audiconsult SA, Russell Bedford’s Geneva member firm, discusses the many benefits of doing business in Switzerland.

How Russell Bedford Brasil grew through the pandemic

The Covid-19 pandemic sent shockwaves through economies and industries all around the world. Some businesses didn’t survive; others grasped the opportunity to reinvent themselves. Russell Bedford Brasil did just that, harnessing the power of the global Russell Bedford brand to grow its business beyond pre-pandemic levels.

Willian Reinaldo, Russell Bedford Brasil’s Head of Development, explains the six steps that helped the business to achieve growth during a global pandemic, steps that can apply equally in your business.

Cryptocurrency – tax implications of ownership

Cryptocurrency has become mainstream; in Australia, around one-in-five adults are owners. However, owning cryptocurrency can have tax implications. Simon Dinér, a tax manager at Saward Dawson, Russell Bedford’s Melbourne member firm, looks at how owning cryptocurrency is assessed in Australia.

Teach your children financial literacy

Teaching your children about money at an early age builds a foundation for the knowledge, skills, and confidence they need to make the right financial decisions throughout their lives. Parents are the best people to teach them about money but that won’t be easy if your own financial house isn’t in order. Nizam Shajani, a tax and assurance partner at Shajani LLP, Russell Bedford’s Calgary member firm, shares practical advice in how to impart good values and principles to our children.

CSR, ESG and DEI – are they worth the investment?

Businesses increasingly feel driven to include corporate social responsibility (CSR) activities in their business plans, while also showing good environmental, social and governance (ESG) practices; and supporting diversity, equity and inclusion (DEI) in the workplace.

But is this easy to do and is it worth the investment? In the first of two articles, Business World asks Russell Bedford members about what part CSR plays in their businesses and how easy or difficult it is to incorporate ESG and DEI into daily business life.

Plan consistently and take your business to another level

As a business owner do you find that, no matter how hard you work, there is always more to do? This can be disheartening. Often, lack of planning is the culprit.

In this article, Michael Quigley, a former primary school teacher with extensive experience of teaching, coaching, leading and team membership, we will look at some proven planning techniques that can help. Michael will share how his method of ‘Plan. Do. Review.’ can bring significant results in developing your business.

A 10-step brand development strategy for your professional services firm

When your brand is arguably your professional services firm’s most-valuable asset, developing a stronger brand is your most important task.

Dr Lee Frederiksen, managing partner at Hinge, a US-based research institute, considers what a professional services brand is, before sharing his 10-step brand development strategy designed to strengthen your brand.

To read the latest edition of Business World in full, visit the Business World page of the Russell Bedford website HERE. Business World is also available from member firms of the global accounting network.