3 Easy Ways to Expand Your Booming Business internationally

Jasz

VIP Contributor
Your business is booming, and you've decided to take it global. Congratulations! You're about to experience a whole new world of logistical, cultural, and organizational challenges.

Here's how you can make sure your expansion goes smoothly:

-Get the right help. Expand your team with people who have expertise in the countries to which you're expanding. Let them help you tailor your products and services for the new markets and make sure that your organizational structure is set up to manage different time zones.

-Localize your hiring process. Use local resources like job boards and employment agencies to find candidates who are familiar with the norms of the hiring process in the country where you're expanding. This will help ensure that you find qualified applicants who know what they need to do to apply for a job with your company, making it more likely that you'll find employees who are good fits for your organization.

-Communicate clearly about roles and expectations. Set up regular meetings with all of your teams so that everyone involved knows exactly what is expected of them—and has plenty of opportunities to ask questions or raise concerns. Make sure that all of your employees understand how their role fits into the larger plan for international expansion, so they feel like they're contributing to something bigger than just the normal routines.
 

btaliat

VIP Contributor
It is always a good thing to see that one's business is booming to the extent of considering having branches in abroad. But there is need to take caution while being happy on this fact. The environment here may not be what is attainable in the world beyond. There are another set of people entirely who may not have the same kind of orientation like we do. That's why a lot of caution must be taken to ensure that mistakes are not made.

The first thing to do is to try the expansion on the Internet. What this means is that we should try to have our business being run on the internet. This will let us know how and what we should be expecting as we are trying to make our business go global.

Having business done on the internet is a miniature of having it done on the yonder surface. What will should be expecting is just the physical availability of the goods and products. There fore we need to take some thing in place before opting for establishment of companies in overseas.

There is need to study the consumer behavior and lesrn how they react to new things in that country.
 
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eldavis

Guest
The point about communication really got me, most entrepreneurs tend to overlook this particular aspect in business, they lack proper communication within themselves and that of their customers. There was something my boss did some weeks back, he was not in the office but a job was sent to him, without even finding from the office if the materials needed to compete the job was on ground, he simply told the person the job would be ready in the next three hours, meanwhile there was no materials and we had alot of work on ground at the moment, so it would definitely take more than three hours.
 
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