How Obtaining an NIF in Portugal Can Boost Your Small Business

July 25, 2023


As a small business owner, you’re always on the lookout for opportunities to expand your horizons and tap into new markets. One such promising market is Portugal, a country known for its vibrant economy and supportive business environment.

But before you dive in, there’s one crucial element you need to understand: the Número de Identificação Fiscal (NIF).

The NIF, or Tax Identification Number, is a unique identifier for businesses and individuals in Portugal. It’s like a social security number, but for your business. And it’s not just a bureaucratic formality. Obtaining a NIF can open up a world of opportunities for your small business in Portugal. Let’s explore how.

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Filed Under: Management Tagged With: ,

4 Important Things You Need to Consider to Expand Your Business Overseas

December 17, 2020


Starting a business can be a significant challenge, especially when you choose to establish it in another country. However, while the risks of creating a company overseas may be great, the same can be said about the rewards too.

If you’re interested in setting yourself up somewhere else in the world, these are some of the things you’ll want to consider first.

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Filed Under: Strategy Tagged With: ,

How to Take Your Small Business to the Next Level

May 7, 2019


So you have a small establishment with a few employees and the revenue generated from the business is sufficient to keep things moving happily. The question is, how long have you had that business, and has it grown at all during that time? Even small businesses must grow up at some point because if they do not, there’s always the risk of the competition putting you out of business. It may not have happened yet, but growth is the lifeforce of business and without it, its demise is imminent.

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9 Crucial Tips for Growing a Successful Business

March 19, 2019


Being successful in business nowadays is a lot harder than many people think. Once upon a time, all it took was a good idea, and you’d soon be making money. If you’d like to try your hand at running a business, you’re going to need a lot more than a good idea. To start with, you need to be flexible, have a good plan and possess excellent organizational skills.  If you want to run a profitable business, here are some tips that will make it happen.

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How Can Small Business Ship Products Internationally Efficiently

April 11, 2016

International Shipping
Most businesses, at some point, will be ready to expand and reach new markets. The advent of eCommerce and globalization has made it easier than ever to expand internationally and reach customers globally. With the expansion comes need to ship products to customers in multiple countries. As a small business owners you will need to worry about tax and custom implications when you start to ship products to other countries. Fortunately, there are tools and companies that specialize in this area and can help you alleviate the pain associated with international expansion. Here are the steps you need to look at before you jump in.

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Filed Under: Operations Tagged With: ,

5 Tips to Successfully Enter New Markets for Business Growth

April 10, 2016

Global Markets
All businesses are faced with the prospect of finding ways to enter new markets. Having conquered a local market, looking at extending a business’s reach is often the only room for growth. Yet, if a product or solution you provide in your local market is well accepted, there is no guarantee that other markets will warm to it so easily. It pays to research the market you are looking to enter and to be consumer-centric, but what does that really mean? Here are a few ideas to get you going.

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