Overseas trading

11 simple steps to international expansion

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.

5 tips for efficiently managing a global supply chain

5 tips for efficiently managing a global supply chain

In the face of competition and economic pressures, global supply chains are under more and more pressure to deliver their products at a greater value, on-time and at a lower cost.

But if one link in the supply chain is broken, (for example, a delayed payment or late shipment), the consequences to your business can be problematic.

So what can you do to better manage this process and reduce the downstream strain on your business?

Here are 5 tips for managing your global supply chain: