Establishing your business overseas can be both risky and rewarding. To determine whether your business is ready, work through this series of simple questions.
In today’s global markets, the ‘think global, act local’ philosophy has more relevance than ever for the owners and directors of small business, particularly in Australia.
Today's global environment offers many opportunities for businesses, whatever their size, to expand their operations overseas.
Outsourcing is one of the fastest growing business phenomena globally. Yet, it is important to remember that outsourcing brings challenges as well as opportunities.
Expanding internationally can be an attractive and lucrative business proposition. When carefully and strategically planned and executed, an international business unit will add to the value of your business overall.
India's rapid growth and large middle class is creating opportunities for Australian exporters. But you need to regard the Indian market as being a marathon, not a sprint.
When choosing a distributor in an export market, prepare for a close relationship.
With only 20 million potential customers, Australia is a limited market. Many companies look to the international marketplace for growth opportunities after they have established themselves in the domestic market.
Developing an international expansion strategy against the backdrop of your domestic franchise operation can be a challenge. This article provides insight into how to measure your readiness for expansion into overseas markets.
To minimise the risks associated with exporting - or any form of business activity - you first need to identify them.
Simple sales and marketing strategies are the keys to developing and maintaining an export market. With the world markets in perpetual change and expansion mode, opportunities for quality Australian made products are enormous, yet we remain amongst the worst in the world for exporting.
Successful transplants of franchised businesses take time, money and an overwhelming entrepreneurial missionary zeal. A total belief in your product, your system and yourself is essential, as is the almost suicidal dedication to invest time and effort in foreign countries.
If you are preparing to export, follow these tips to avoid mistakes that could cost you growth opportunities and success.
Before you rush into an export market, spend some time searching for one that represents the best opportunity for your company. You want a market that represents the least risk and the greatest long-term reward. This article outlines criteria to use when determining an export plan.
The world is wide with opportunity for family businesses. But at the same time, endeavours into the global market can be perilous, particularly as company management defines its global business strategy and assesses the role of family members in executing this strategy. Several fundamental guidelines can be followed to mitigate the risks inherent in international trade and global business ventures in general.
Three Skills To Step Up Your Leadership
Enterprise Resource Planning And The Call For C-suite Leadership
Copyright © 2018
International Institute of Directors and Managers
ABN 26 112 140 299.
All rights reserved.