Expanding your business overseas into new markets is one of the most exciting moments for small businesses and entrepreneurs. However, it is easy to get caught up in the excitement and opportunities and make some novice mistakes that could cost you big dollars and even affect the success of your business abroad. What’s included in your operation budget? Do your research, develop a checklist and you’ll find more affordable ways of going global.
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When is the best time to start exporting? The answer is quite simply: when you have done your homework! There’s lots of talk at the moment about the opportunities that are availing themselves to businesses during this global economic crisis. Everything seems to be cheaper: rent, people and capital. With low interest rates, if the [...]
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