Once your exports overseas start to grow, how do you grow your business? If you decide to open international operations, there are plenty of decisions to make. Too often, fast-growing companies make the decision to open international offices one day and start looking for staff the next. You need to give yourself time. Expect the process of selling into a new country to take longer than you think.
It’s a country that continues to fascinate and perplex, and a place that a U.S.-based CFO can’t ignore, whether or not their company is considering China as an option for outsourcing, distributing, selling or competing on a global scale.
A roundup of the day's news curated by the Inc. editorial team to help you and your business succeed.
Your company is doing well, hitting or even exceeding benchmarks. Maybe you’ve had some so-called “pivots” or switch-ups in strategy, but your customers are loving you. In domestic markets, that is.
Your company is growing steadily with solid projections for the coming years, but to increase growth rates and gain greater market share, you have to realize that you will need to expand globally. After assessing and choosing the best target countries for your products and services, you then need to consider the process of setting up your business entities in each country and your approach to local regulatory compliance.