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ARTICLE · 27 JULY 2011

Let Me See Your ID: Doing Business With The Unknown, In The Unknown

Now more than ever, companies are expanding globally and conducting business with individuals, companies and nations with different languages, cultures, business ethics and practices.

CanadaCorporate/Commercial Law
Stuart Horn, KPMG Forensic
Stuart Horn, KPMG Forensic

Now more than ever, companies are expanding globally and conducting business with individuals, companies and nations with different languages, cultures, business ethics and practices. When exploring international business opportunities that might include starting or expanding an existing business, there are various considerations that tend to dominate the discussion. What are the startup costs? How will you market your product or service in this new country? What language barriers and cultural issues might you face? What employment decisions are you going to make? Will this venture be profitable?

These are all important questions and, if not properly considered, could result in the failure of the business venture and a wasted opportunity. However, some of the issues that are not always at the forefront of the minds of decision makers are exactly with whom the company will be doing business and what they will be doing on your behalf. These are important considerations

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