Global Location Frontiers
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GLOBAL LOCATION FRONTIERS WHERE TO GO FOR YOUR BUSINESS TO GROW
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Transcript of Global Location Frontiers
GLOBAL LOCATION FRONTIERSWHERE TO GO FOR YOUR BUSINESS TO GROW
It’s wild out on the global business frontier.
SO WHY GROW GLOBALLY?
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
5. BULGARIAListen to the webinarListen to the webinar
6. CHINAListen to the webinarListen to the webinar
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.
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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