With the domestic economy still a bit sluggish, you may be wondering whether it may be time to take your small business global.
After all, going global may seem like a good idea as you have the chance to reach a whole new customer base and can tell people that you are the owner of a global company.
Still, going global may not be for everyone. A panel of entrepreneurs recently addressed this issue for The Washington Post. Here are three considerations they gave for business owners to think about before going global:
It can be extremely difficult and cost prohibitive to start a global business. It often takes domestic companies years before they even consider going global. If you considering taking this global step, you may want to talk to a corporate law attorney to help get you properly set up.
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Related Resources:
- The Perils of Selling Overseas (FindLaw’s Free Enterprise)
- Small Business Export Financing on the Rise (FindLaw’s Free Enterprise)
- Small Business Should Look to Exporting (FindLaw’s Free Enterprise)
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