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EFFECTIVE STRATEGIES TO PROVIDE A COMPETITIVE ADVANTAGE FOR INTERNATIONAL BUSINESSES

Competitive advantage refers to the advantage that an enterprise or country can bring profit or benefit in some places than other enterprises or countries. This definition has two understanding. The first one is that companies or countries use a variety of business methods means to obtain lower prices to maximize profits, but this is limited to large enterprises. Maintaining a competitive advantage for large companies is a very important business goal. Second, compared with competitors, enterprises or countries have the advantages of sustainable development; for example: superior resources (social resources, human resources, natural resources, financial resources, etc.) advanced operating models (management models, business models, innovation, etc.), products and services that are more suitable for market demand(high value, superior price, uniqueness, etc.). For example, the famous Business Consultancy China – CBC Business Consulting which is doing Business Consulting China . It provi

BENEFITS OF OUTSOURCING ACCOUNTING AND PAYROLL SERVICES

With the rapid development of Chinese accounting , it is difficult for many companies to maintain a comparative competitive advantage under the new legislation and accounting standards, especially for foreign companies which are developing in China or want to enter China. Cooperation with CBC will bring you a professional and capable accounting team, which enables you to obtain a set of fast, accurate, clear and concise financial bookkeeping with low cost; while saving costs, you can obtain efficient and professional accounting services. At the same time, we will provide flexible and "tailor-made" solutions to any financial problems of your company, so as to provide the necessary basic guarantee for the successful development of your business. Our budget team can help you to establish a comprehensive budget management system, clear budget planning plan, and help you achieve financial goals as soon as possible. We will provide you with a top-down streamlined budget process to

Tips Before Outsourcing Your Accounting Service To China

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In China, as elsewhere, large and small companies outsource their accounting work, or even their entire Finance and Accounting (F&A) departments. The reasons are many, and given the fact that accounting outsourcing has developed in a global multi billion industry shows that it makes sense. But there are also risks.  How can we manage these risks in China and what needs to be done before one of your most important work is being outsourced in the largest country of the world? Needless to say, your finance and accounting work is of uttermost importance. If the F&A department is failing, it is very likely the entire company will go belly up. Nevertheless, multinationals, large SMEs and the pizza shop around the corner all are outsourcing their finance and / or accounting work. There are many reasons why a company wants to outsource its accounting job. Lower costs, faster processes, better technology or optimized workflows are all valid arguments for the c-level management