global location frontiers
TRANSCRIPT
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GLOBAL LOCATION FRONTIERSWHERE TO GO FOR YOUR BUSINESS TO GROW
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It’s wild out on the global business frontier.
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SO WHY GROW GLOBALLY?
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There are many reasons.
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Domestic demand is robust ...
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... but international demand might be growing even faster.
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Or, maybe domestic business is slow or stagnant?
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It’s worth researching if opportunity is strong in other parts of the world.
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Industries like personal care and packaged goods are nearing saturation in developed countries ...
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... but they’re still on the upswing in emerging markets.
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If a key customer needs you to support their global
footprint ...
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... their opportunity becomes your opportunity.
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But with 195 countries, where do you go first?
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If your strategy depends more on picking individual national markets than targeting a region, bigger is generally better.
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If you’re going to invest resources in establishing yourself in a new jurisdiction,
you’ll want plenty of room to grow.
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If you offer high-end goods and services, you’ll need to follow the wealthy people.
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For companies looking to source overseas, there are a number of factors to consider.
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The availability of resources, labor costs, proximity to sales markets, skills and business environment all need to be taken into account.
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The six countries topping the global sourcing list?
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1. INDIA
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2. INDONESIA
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3. ESTONIA
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4. SINGAPOREListen to the webinarListen to the webinar
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5. BULGARIAListen to the webinarListen to the webinar
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6. CHINAListen to the webinarListen to the webinar
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Minimizing tax, while controversial these days, is often a high priority for companies looking to set up operations overseas.
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It’s always a good idea to keep an eye on the tax implications of your move.
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The right location can often be the difference between success and failure in your overseas expansion.
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Need help choosing your next location?
Connect with Radius:US: +1 888 881 6576 UK: +44 (0) 203 005 5518
Radius helps companies expand and win globally.
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Need help choosing your next location?
Connect with Radius:US: +1 888 881 6576 UK: +44 (0) 203 005 5518
Radius helps companies expand and win globally.
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