Business advisory has been as dynamic as ever as companies continue to navigate through the ongoing pandemic-led disruption. The labor shortage is a nationwide challenge impacting businesses of all sizes across different sectors, Transworld Business Advisors President and Owner Scott Hislop told Invest:Insights. Despite the disruption, there are opportunities to acquire or sell a business. As such, having an experienced broker is essential in ensuring the success of these kinds of transactions. There remains some uncertainty as it relates to capital gains tax which both sellers and buyers are keeping a close eye on, Hislop said.
The Consulate of Mexico in St. Paul provides a range of services for individuals and businesses. In an interview with Invest:Insights, Former Consul Gerardo Guerrero discussed the burgeoning economic relationship between Minnesota and Mexico, the new USMCA agreement and more.