For companies at market entry stage, the most important
decisions to make are about which countries to target, based on a
series of criteria including access to skills and business
regulation. But the impact of moving people to work in a different
country should not be overlooked.
Want to know what to consider before expanding for the first
time? Here are our key takeaways:
- Make sure you know all the
ins and outs of a new country before entering into an
international venture
- Consider all
practicalities of operating in a new country
- Make yourself aware of local
regulations
- Development and foreign
investment agencies are there to help you understand the
local business climate