Offshore Options For International Trade - Selecting The Right Business Model

Guy Rigby considers the different offshore business models available to companies looking to expand overseas.

If you've decided to set up overseas, there are a number of offshore business models to choose from. The one that's right for your business will depend on your strategic goals, your reasons for entering the overseas market, the proposed location and the types of activities you intend to carry out. Some of the options available are summarised below.

Offshore freelancing or employment

Sending work to low-cost freelance staff can be beneficial. But so too can allowing existing staff to work from wherever they want in the world. Businesses with diverse workforces may find that staff who they already know and trust want to return to their 'home country'. This can create opportunities for international expansion.