Where does COVID-19 leave businesses that, pre-crisis,
were looking to expand into new territories? With survival being
the focus for the majority, all but the most advanced plans will
have been paused.
As restrictions begin to ease, firms fight to recover their
place in the global market and countries incentivise international
investment. Growth plans will start to return to boardroom agendas
- albeit radically altered.
There will be a natural slowdown in expansion plans, but not
because companies are stopping expanding, says Leila Szwarc, TMF
Group's Global Head of Compliance and Strategic Regulatory
Service. "They will re-evaluate their structures and the ways
in which they do business, and many will become much more flexible
and creative."
