global business

image_pdfimage_print

How to Strategically Tackle an International Business Opportunity

There are various points during the growth of a business that typically prove quite challenging — making the first sale, earning the first advertiser, forming the first partnership, to name a few. It all comes down to breaking new ground: doing something unprecedented, with little to no relevant experience and mostly determination and enthusiasm to get you through.

When an international business opportunity presents itself, it’s likely to be a step up in terms of challenge, presenting both literal and figurative gaps to overcome. Pass the test with flying colors and you’ll expand your skill set, impress those around you, and prime your company for exciting new deals down the line. Get it wrong, and you might be left waiting for another chance.

 [···]

Read More

A 10-Point Checklist for Global Business Expansion

Transforming your business into a global venture can be a lucrative and appealing endeavor. Plenty of entrepreneurs would risk taking this chance; however, it is vital to understand that taking your business global may prove to be a treacherous and frustratingly daunting experience if you are not prepared and careful.

There’s a lot to do – researching a new client base, learning and adhering to new standards, laws and regulations, searching for reliable and trustworthy global partners, and familiarizing yourself with the local traditions and culture just to name a few.

 [···]

Read More

Crucial Aspects of Growing Your Business Globally | Extraordinary Business

Expanding your business globally is a momentous task. Smart and bold business leaders plan this move thoroughly and then execute it with near-perfection. As you grow your business internationally, your organization will step into countless new situations. How well you are prepared for them will determine your success in the foreign markets. As LFNT Distribution Co-Founder Colbey Pfund points out, you need to consider several things for business expansion. Let us take a look at some crucial aspects of growing your business globally.

 [···]

Read More