When a business looks to grow its market, exporting goods can seem like a simple way to expand its international presence. But similar to setting up overseas operations, exporting your products can create significant challenges: differing tax schemes, unique cultures and more can make even those countries that seem “easy” to export to quite complicated.
While exporting can be daunting, the chance to dip one’s toes in the international marketplace and the promise of new revenue streams makes the task very appealing to companies worldwide. A recent blog post from UKTI offers the following suggestions for questions to ask yourself before making the decision to export:
This is an excerpt from the post “Exporting Challenge” that originally appeared on the UK Trade and Investment blog. UKTI is a government organization which helps companies rise to the exciting opportunities and challenges that globalization offers.