With the holiday season in full swing and 2012 just around the corner, you’ll be hard pressed to find a fully staffed office this time of year at businesses worldwide. And when you’re operating internationally, it’s especially important for you to be aware of the local holidays in the different countries where you are setup, so you can plan accordingly.
When a business looks to grow its market, exporting goods can seem like a simple way to expand its international presence. But similar to setting up overseas operations, exporting your products can create significant challenges: differing tax schemes, unique cultures and more can make even those countries that seem “easy” to export to quite complicated.
In this guest post from Silicon Valley Bank, learn more about the international risk factors that can come into play when you enter new markets, and how you can gain the knowledge necessary to mitigate those risks can help you grow your business successfully overseas.
For those unfamiliar with doing business in France, the process of hiring employees is often challenging. A highly regulated employer/employee relationship, with legislation offering favoring the interests of the employee, can make things complicated for a business planning an international expansion.
Managing the expense reports of the employees of your company in one country can be complex in itself. But if your business has international operations in several countries, each with different languages and currencies, suddenly, the work is multiplied.
Last week’s webinar The Expat Trap: Maintaining Sanity in Expatriate Management, encouraged a lot of discussion, as oftentimes, one of the first steps in any international expansion is setting up an expatriate overseas.There were several interesting questions from attendees for HSP's expatriate expert Katie Davies; here are some of the highlights, as well as Katie’s answers:
When working on international expansion or maintaining your existing international operations, heavy international travel is often required. The following guest post,originally appearing on the Concur Insights blog, gives some insight on how to deal with the chaos that can arise when traveling abroad.
The decision to embark on an international expansion can be both exciting and frightening: seemingly endless growth opportunities exist, but there can be significant risks involved. The checklist for setting up international operations is lengthy and varies country to country. And what’s worse, one missed detail could mean serious negative consequences for your business, in the form of fines
Companies considering international expansion to India may want to look at what is often seen as straightforward, low risk way of entering the market: a joint venture. These are partnerships whereby the parties agree to collaboratively setup a new entity, sharing expenses, assets and revenues. When expanding into new geographies, it is common for foreign companies to seek out local partners