Knowledge Central

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 […]

For purposes of this article, Australia, New Zealand plus the Pacific Islands combine to form the economic region known as Oceania. From a practical standpoint, only Australia and New Zealand are looked at seriously by global investors. The Pacific Islands are small in size with limited natural resources, narrowly-based economies, large distances to major markets, […]

With the advent of new technologies and innovations around the world, the global economic environment continues to evolve and thrive. Change, therefore, becomes the new constant. As change becomes a necessity for growth, organizations that continue to reshape their business processes and business model need to also be aware of the latest accounting trends.  Accounting […]

East Asia contains the following countries: China, Hong Kong, Japan, Macau, South Korea and Taiwan. Since the late 1970s, China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role. China accounts for 71.36% of East Asia’s GDP. According to the World Bank, “China has implemented reforms in a gradualist fashion, resulting […]

The Association of South East Asian Nations (ASEAN) closed 2017 with a GDP of approximately 2.76 trillion USD. How many of our readers would have guessed the ASEAN economy is so substantial. You may also be interested to know that ASEAN population (642.7 million) is almost double that of the US. Indonesia alone reported a […]

With the ever-increasing scientific and technological developments, reduction in communication barriers and increase in global consumer demand, the importance and requirement of globalization for any growing organization is undeniably evident. Global market expansion for any organization refers to the expansion in its activities on a global scale, outside its home country through foreign investment. The idea is […]