Choosing the Right Market: International Market Entry Barriers
Table of Contents Political stability of the market and region Other political risks Regulatory frameworks and non-tariff barriers In my previous posts on market selection, I’ve talked about some of the common pitfalls to avoid as you embark on the international market selection process, as well as four questions to help you get started. Once […]
Choosing the Right Market: Final Considerations
Table of Contents Free trade agreements Intellectual Property Protection Infrastructure Distribution Channels Time Difference Language and Culture In this series on choosing the right international market in 2021, the year of volatility, we’ve looked at common pitfalls, questions to ask, and barriers to entry. In this blog, I want to run you through the final […]
How do I source and engage trusted international partners?
Table of Contents Step #1 – Understand why you want a partner Step #2 – Select partners. Don’t let them select you Step #3 – Tap the network and do your research Step #4 – Analyse your potential partner Step #5 – Start with a framework If you’re new to ‘going global’, working with a […]
Why Your Market Entry Strategy Can Make Or Break Your International Business
Table of Contents Mode of market entry? How do I choose a mode of market entry? When you’re expanding a business to a new country, how you take the business into that new international market can make or break the venture. This might sound like a bold claim, but I really believe that the mode […]
5 Tips for Choosing the Right International Market for Your Business
At the International Business Accelerator, I recently taught a workshop with my colleague, Peter Evans on choosing the right international market for your business to expand to. This is a big topic and an important one, because if you get your choice of market wrong, it can have serious implications for the success of your […]
3 Great Ways to Take Your Company Overseas
If you’re part of a small or medium-sized company (SME) which is looking to grow, the thought of expanding your business overseas might excite you. Or terrify you. Or both. Either way, when you consider the time, resources and energy involved in launching a new venture in a new country, it can be a daunting […]
