Your Business Is Ready to Go Global. Now What?

Is it time for your business to go global?

Selling overseas expands your company’s reach. Foreign markets, whether potentially ‘hot’ markets or established ones, are tempting opportunities. But before you take that major step, there are many aspects to consider, along with nuances to account for that drive the business decision. When evaluating international expansion options, you should conduct a thorough analysis of the costs and the risks related to laws and regulations that apply to multinational entities. Put simply, you should know what you don’t know before taking the leap.

Good news: It is easy!! Our global tribe is doing it now, LIVE! You just need to do some key additional steps from growing regionally.

For this recent globinar hosted by Global Chamber® we had three superstar member experts providing insightful information for companies seeking to expand successfully to new markets.

Some key aspects to consider are the following:

- Nothing is uniform worldwide, countries have different laws when it comes to do business, hence due diligence is key.

- Important issues to consider: Tax, Intellectual Property. Getting Paid, Dispute Resolution, etc.

- There are traditionally three main models to expand internationally: Parachuting (traveling overseas frequently), setting a local entity and hiring a local contractor.

- And there is another effective alternative: Outsource employment through a third-party company that will manage all for you!

- Pay attention to the experience of others in the global tribe before you.

Listen to the whole discussion HERE. Tune in for 60 minutes of content and Q&A. And we encourage your follow-up... contact us at info@globalchamber.org.

Speakers:

• Javier Romeu - Regional Alliance Manager at Safeguard Global

• Michael Patterson - Partner at Spencer Fane LLP

• René van Baardewijk - Founder of Rebain International

Moderator: Doug Bruhnke - Founder/CEO of Global Chamber®