GOING GLOBAL : EXPANDING OPERATIONS OVERSEAS
Expanding operations overseas poses challenges, including finding business partners, protecting intellectual property and complying with different local laws. Regardless of your reasons for expanding operations, planning and communication are critical to meet these new set of challenges:
- Firms expanding overseas to lower production costs or expand market share must select the right market, evaluate set-up alternatives, and handle associated human resources issues at the new site and at home.
- A company entering new markets to sell its products to local customers may need to lease, buy or build facilities; develop sales and distribution networks; and secure licensing and other agreements.
- Businesses moving overseas are often venturing outside their home country for the first time and may need basic international know-how.
Antela Consulting, LLC can help ease the transition when expanding operations overseas by providing the support your company needs.