With the globe more interconnected than ever before, businesses can say goodbye to geographical boundaries – and hello to international expansion! Businesses are now looking to expand more quickly and smoothly, and are able to grow on a much larger scale. But where do you begin? How do you even set foot in another market, where you’re facing Read more…
If you’re new to ‘going global’, working with a local partner can be a good way to get started. Teaming up with a business that already has feet on the ground can bring huge gains. Whereas your business probably has specialist expertise in a particular field or technology, your partner Read more…
I’m thinking of selling my product overseas. What level of due diligence should I do to make sure the product is suitable for the local market?’ This is a question that came across my desk recently and it’s a great one, because there’s an almost endless amount of market research Read more…
https://youtu.be/rLEK_nEeMgc If you’re in business in 2020, you’ll know that COVID-19 has created huge disruption in some industries and opened up massive opportunities in others. For many companies, there’s never been a better time to ‘go global’, but there are still challenges to overcome. How to get your message across Read more…
The COVID-19 pandemic is reshaping the global business landscape and the world as we know it. For many executives, just surviving is a fight to the death and expanding internationally is the last thing on their minds. But if you’re a business leader with big dreams, you still need an Read more…
Geopolitics and doing business in Hong Kong and China. The International Monetary Fund’s (IMF) World Economic Outlook was published in October 2019 and, as usual, provides a valuable back drop to international business investment decisions. One of the key observations discussed in that report is not that the emerging markets Read more…
Geopolitics and doing business in Hong Kong and China. I’m forming a view that there are three general strategy ‘domains’ that need to be thought about when dealing with China. These are interconnected and not unique to China but they demonstrate different facets to foreign interaction with the country. I Read more…
Geopolitics and doing business in Hong Kong and China. I’ve been in China to visit the 6th World Internet Conference and Exhibition (WIC) that was held at the purpose build exhibition centre in Wuzhen, Zhejiang Province. The focus this year is on AI, Internet of Things, and Cyber security. This Read more…
Geopolitics and doing business in Hong Kong and China. One of the challenges that I see companies face frequently as they start selling overseas is deciding how much to charge for their product and service. As you begin pitching your product overseas, lots of people will want to know your Read more…
The Asia-Pacific region has become the economic growth engine for the world, presenting massive potential for foreign businesses. As a group, Asian economies now represent as much as 40% of global GDP.
This presents an exciting opportunity for Australian businesses. But before you rush to expand your company into Asian markets, it’s important to step back and the nuances and challenges of the Asian region, so that you can get your strategy right.
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