Knowledge Central

GDPR, or General Data Protection Regulation, establishes strict rules to protect customer data within the EU and it regulates the exportation of personal data outside the EU. It is a must for any company, individual, corporation, charity, or non-profit offering goods or services, or monitoring behaviors of individuals, within the 28 EU member states. Here […]

Intellectual property protection is more important than ever in a global market. Companies need to protect their investments in products, services and ideas, no matter where they operate. However, intellectual property protection can present great challenges for international business if a company does not choose expansion territories wisely. Consider the following points to minimize intellectual […]

The business impact of the coronavirus is only starting to become apparent. According to a New York Times estimate, residential lockdowns had restricted at least 760 million people in China as of February 20. As a result, it isn’t business as usual in the country. Many foreign businesses can’t operate within the country and countless […]

Trends in international business are important to follow. They help your business react quickly to change to remain relevant, improve customer acquisition and retention, and save your company valuable time and money. Here are a few of the trends experts anticipate for 2020 and why they’re important for international business. Environmentally-Friendly Technologies Local, state and […]

The costs of hiring in the Middle East vary greatly, because it includes many nations. Generally, it refers to Arab speaking countries, but Greater Middle East, or Middle East and North Africa (MENA), includes all contiguously connected countries between Morocco in the west to Pakistan in South Asia. Currently, MENA includes 22 countries: Algeria, Bahrain, […]

Even though the October 31st deadline has come and gone, along with Prime Minister Boris Johnson’s vow to get it done “do or die,” no one understands the impact Brexit will eventually have on their business. It’s still in limbo. Three years of frustrating negotiation and political pandering over Brexit has only led to more […]

Globalization has changed the way we do business today. It offers countless benefits, including incentives offered by various nations to entice Foreign Direct Investment (FDI). Many countries make quality FDI a priority, because it can improve their nation without significant upfront costs. They may be able to (1) increase meaningful employment, (2) enhance the skill […]

Globalization offers many benefits for businesses. The larger international market offers massive opportunities, an increased client base and the potential for impressive revenue gains. Clearly, when a company is slow to adopt globalization it can eventually damage their market share. If one company doesn’t explore global expansion, another certainly will. They’ll be the first to […]

The effects of trade wars reach far beyond markets and trade. They create uncertainty and affect investment confidence. Hence, the US-China trade war not only impacts these countries, but the health and integrity of the entire global system. How the Trade War Escalated In 2018, President Trump instituted tariffs and trade barriers to compensate for […]

Doing business within a particular region can be a very positive, profitable experience. Alternatively, it can be fraught with lengthy, profit-eating procedures and complex business regulations when you choose the wrong foreign location. This is why the World Bank’s Doing Business 2019 rankings receive so much attention annually. Their study objectively measures how easily a […]

When expanding internationally, a company normally weighs the pros and cons of each country to decide which best suits their needs. However, gaining a foothold in the new market involves more than a single overarching decision. Foreign businesses also face an abundance of location choices within the country and it can sometimes seem overwhelming. Luckily, […]

International business travel is more important than ever. Even though the digital age has made it easier to collaborate with others, human contact still counts. In-person meetings increase rapport, facilitate cooperation and enhance bonds. The ROI on business travel is also very strong. Oxford Economics USA reports companies realize $12.50 in incremental revenue for every […]