White Papers

Book Excerpt: International Business Plans

• Tags:
• dollars,
• united states,
• plan,
• currency

Overview As critical as currency exchange may be in your business, its specific treatment in your business plan is not much different than how a wheat farmer would treat fluctuations in the market price of wheat. To understand that, you should first recognize that regardless of how international your business might be, you are still going to do your books and report your numbers to the tax authorities in a single currency. If you are based in the United States, your business plan should be in dollars. It doesn't matter how many countries you deal with, you still do your plan in dollars because you pay your taxes in dollars.

• 
• Did you find this white paper useful? 0 out of 1 users found this white paper useful

• Subscribe to the IT White Papers Newsletter
• White Paper RSS