Knowledge Central

International expansion can help your business generate more revenue and gain market exposure. However, your success depends on choosing the ideal international expansion location. With so many countries available for international business expansion, how do you know which offer the best opportunities? Companies should consider the following factors when developing their business expansion strategy.  Business […]

Hiring in Latin America is a sensible solution for any business looking to expand globally, especially for North American companies.  Choosing a “nearshore” Latin American location often ensures a similar infrastructure, time zone, and cost-effective pricing structures. Many nations have a North American work ethic and value business partnerships.  Latin America is also an attractive option since many regions boast rich natural resources and geographic accessibility. When […]

Hiring in Asia is an attractive option for foreign companies wanting to expand into the region. Areas such as Singapore, Hong Kong, Korea, and Taiwan can present huge opportunities across various sectors, especially for foreign manufacturing and production.  However, tapping into these new territories involves expenses, some of which aren’t typically listed as a line item on an expense sheet. Consider the following factors to ensure you find the right people for your […]

HR outsourcing is often an ideal solution for companies wanting to tap into the markets in an international location.   Proper human resource management always plays a critical role in company success, but especially when a business operates abroad. The complexity and scope of HR functions such as payroll, recruiting, and compliance magnify when a business operates beyond borders.  The following benefits of human resources outsourcing services positively impact your bottom line and improve operational efficiency.  Cost […]

Expanding internationally is a wise choice for any company seeking new revenue streams and competitive advantages. Lucrative foreign markets can increase profits and solidify your brand as an international leader.  Nonetheless, companies need to consider many factors before expanding abroad. Here are some of the things your business should consider while planning an operational expansion into uncharted territories.  International Business Registration & Entity Setup  Before conducting business […]

One of the biggest challenges any business can face when expanding into a foreign location is hiring in a foreign location. Fortunately, it isn’t an insurmountable task with the right partner. Companies need to address the following key considerations when hiring in a foreign location if they want to achieve international expansion success. Blueback Global can help business overcome all these challenges.  Cultural Differences  […]

Businesses wanting to extend their reach and bottom line inevitably look to foreign markets for greater opportunities. However, this doesn’t come without challenges. Luckily, they can be overcome with assistance from Blueback Global.  The following issues commonly derail international business expansion plans, but you can reach your international business expansion goals with our assistance.  Cultural & Language Challenges  Unwritten cultural guidelines and ill-defined regulations can impact […]

Companies looking to increase opportunities often look to overseas expansion. Tapping into new markets abroad provides exciting growth possibilities and potential new revenue streams.  However, hiring and managing quality employees abroad presents many challenges beyond what you’ll face in your own country, including dealing with great distances. Additionally, your new employees overseas are the ones responsible for making the first impression in your new region […]

The United States (U.S.) and Canada generated a combined GDP of $20.234 trillion, second only to East Asia globally. However, this number grew a modest 1.58% in 2016. According to OECD data, the U.S. forecasts growth of 2.14% in 2017 and 2.38% in 2018, while Canada forecasts 2.83% and 2.34% respectively. In 2016, the U.S. accounted […]

Global businesses have long had their eyes on Korea. According to the latest World Bank annual ratings, the country is now ranked number 4 among global economies for ease of doing business. Business-friendly policies, leading technological and digital infrastructure and unparalleled education system investments highlight its emergence as a top target for global expansion and investment. […]

As the world economies become increasingly inter-connected, benefits of a company starting a business overseas are significant. Companies have recognized the need and opportunity to expand their product and services offering beyond their domestic shores. Through advancement in technologies, communication, and transportation infrastructure, it is now possible to overcome constraints that once limited global expansion. Some of […]

Hong Kong continues to be a favorable destination target for foreign businesses looking to expand into Asia. Despite its small size geographically, Hong Kong was ranked as the world’s 7th largest trading entity. For 2018 as a whole, Hong Kong’s GDP grew by 3% in real terms. It measures as one of the top five easiest […]