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Taking Your Business Overseas? Read This First

Your business may well have started from a desk in your bedroom. Then, you moved it to a real office. After that, you may have opened branches or offices in different parts of the country. If you’re ready to take your business overseas, then congratulations! This stage in your business will be very exciting, but it’s not without its risks. Here are a few valuable tips for moving your business overseas.


You need to do some research on the market you’re moving to long before the actual relocation. A good start would be reading business journals from the country you’re moving to. However, the best thing you can do is network with other professionals who work in point B . You probably already have a few contacts already, so start with them. Ask about the supply and demand for whatever you’re selling, the most effective marketing tactics, and any big moves made by your local competitors. It may also be a good idea to research business etiquette in the country you’re moving to. Being five minutes late in Britain is almost expected. In China, it’s an insufferable insult.



My next tip is to move professionally. If you’ve ever moved house before, you’ll know that it’s a complex and stressful experience. I hate to tell you, but moving a business is even worse! There are dozens of factors to keep on top of, and countless things that can go wrong. The first thing on your list should be browsing some international removalists to carry out the move. Relocating to another country isn’t cheap, so get a few quotes before you settle on one firm. Once you’ve made a choice, make sure your movers know all the details about how you’d like your move carried out. This can avoid a lot of wasted time and other hiccups. Your business is going to have some inevitable downtime during relocation. Choosing a good moving company is one of the best ways to minimise this slump.


Finally, take some time to reassess your personal situation, and what you want out of this relocation. Seen as you’re reading this, I’ll assume you’re going to follow your business to its destination country. You might be feeling nothing but excitement, but this may not be the case with your family. If the relocation is a long way off, then you may want to consider moving your household over in front of the business. Take a month or so off, relax, and help everyone settle in. While your family may support you in the relocation, getting dumped in a strange new country is never easy. There’ll be all kinds of things you’ll need to get used to, and some of these will be nasty surprises. It may not have a direct impact on your business, but forget that for a moment! Consider how the move will affect your personal life, and keep the thought with you in any big decisions.

Take these tips on board, and your business relocation will be easier than you ever could have hoped!

Business Daily Media