The 5 Challenges of Venturing Abroad
1. THE HIGH-TECH ADVANTAGE
To a greater extent every day, information technology is leveling the playing field for small and mid-sized enterprises (SMEs).
2. NAVIGATING THE LEGAL AND TAX MAZE
The complexity of foreign tax, regulatory and legal regimes is the most frequently cited reason why SMEs avoid foreign markets. The range of such barriers is wide…
3. SUSTAINING GROWTH AND DEVELOPMENT
To continue growth and development in a new market, SMEs require a broader strategy aimed at developing and maintaining a strong local presence.
4. MEETING LOGISTICS CHALLENGES
An SME establishing a presence in a new foreign market faces steep learning curves on several fronts.
5. FINDING LOCAL PARTNERS
SMEs venturing into new countries find a wide range of partnership forms between the two extremes of formal joint ventures and go-it-alone subsidiaries
THE NEXT GENERATION OF MANUFACTURING IN AMERICA
The current landscape in US manufacturing is changing rapidly. US manufacturing has declined over the...