Question

Assume that you have a successful business that has multiple locations in the United States. Now,...

Assume that you have a successful business that has multiple locations in the United States. Now, you would like to expand your business to other TWO countries in the world. What would they be? Explain in details. (400-500 words)

Homework Answers

Answer #1

The United states market for almost everything is huge, but not huge for many entrepreneurs. For business owners who are growing their own business in the world, their oysters. The need for international growth through entering the world as an export-importer offers many opportunities. Some of the specific benefits demonstrated by successful global growth include:

You can extend the lifespan of existing products and services by finding new markets to sell them.
You can reduce your reliance on the markets you have developed in the United States.
If your business is affected by volatile volatility in your market due to seasonal changes or demand cycles, you can also close your sales by touching the market with different fluctuations or even resistance.
You can use corporate technology and knowledge.
Finally, entering the global market, you will learn how to compete with foreign companies - and even wage war on them on your own.

In fact, the main reason to become universal is to enhance your potential for expansion and growth. And there are too many international possibilities to catalog them here - or even in longer books. The real opportunities are the markets in Canada, Mexico, Europe and Japan. But these only scratch the surface. There is a market that is growing fast and is less competitive.

Just turn the world and somewhere you can find opportunities to sell something. Destroying only the right opportunities for those involved in more work. This information will get you started.
Doing business around the world seems far from doing business in the homeland. But every year, countless small businesses make the march. Like long-distance travel, traveling around the world can be reduced to steps. Here are six steps you can take to begin the process of preparation for mediation:

Start your campaign to grow internationally by developing an international business plan to assess your needs and set your goals. It is important to assess your will and commitment to international development before you begin.
Research foreign markets and identify international markets. The Department of Commerce is the best source of information on foreign markets for goods and services in the United States.
Evaluate and select methods to distribute your products abroad. You can choose from a variety of ways to distribute your products, from opening a foreign subsidiary to working with agents, agents and distributors, and establishing a joint venture.
Learn how to set negotiable prices and find the legal ethics of exports. Cultural, social, legal and economic differences make exports a challenge for business owners operating only in the United States.
Contact the government and private funding sources - and find a way to make sure you get paid. Financing has always been an issue, but centuries of government interest in boosting exports and financial innovation have made financing and salaries easier.
Transfer your goods to international markets, carefully packing and labeling them in accordance with the regulations of the market you are selling. The globalization of the transport system helps here, but regulations still vary wherever you go.

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