Mistakes Companies Make While Expanding Overseas

By Salvador Ordorica, CEO of The Spanish Group LLC, a first-class international translation service that translates over 90 languages.

For a small to medium-sized business, going from a local or regional brand to an international one can be highly rewarding, as well as lucrative. Overseas expansion is often one of the best ways to ensure you have the room to continue managed and consistent growth, especially once you have found that gaining more ground within your domestic market is becoming increasingly difficult. Moving into a new region also allows you to enhance your profitability and diversify your customer base, reinforcing your bottom line against sudden and unforeseen events.

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

Los Gatos: Former teacher, theater director sentenced to 35 years for child molestation, annoyance

LOS GATOS – A former Los Gatos elementary school teacher and youth theater director has been sentenced to 35 years in prison for child...

Ransomware attack on Planned Parenthood exposes 400,000 patients' personal data

The unidentified perpetrator stole documents from the Planned Parenthood affiliate that contained sensitive data on some patients such as their insurance information, their diagnosis,...

Improving Employee Collaboration in the Post-Pandemic Workplace

Opinions expressed by Entrepreneur contributors are their own. When I founded Netskope nine years ago, I decided that no matter how much...