Payroll abroad

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Should Your Business Expand Into India?

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You may have read our recent post about India as a potential destination for businesses considering expanding overseas. If not, you can read it here.

And who should make front page news this week by setting up business in India? None other than global brand and the world's largest furniture retailer, IKEA.

The Hyderabad store is IKEA's first opening in India, followed by plans to open shops in all major cities over the coming years, with sites already purchased in Mumbai, Bangalore and New Delhi.

IKEA's global chief executive Jesper Brodin said, "The market of India for us is a dream."

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11 simple steps to international expansion

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11 simple steps to international expansion

When your product or service is great and you have more or less conquered the local market, the next step for growth is to look at overseas expansion.

For many, the thought of opening a trading entity in a different country or relocating some of their employees may seem a daunting and laborious prospect, and the largest barrier to this growth opportunity is not knowing what to do.

Here is a handy little list of areas you will probably need to consider that will hopefully give you more confidence to take your first step on what could be a very exciting and rewarding journey.