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Trends in International Business 2020

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 […]

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Expand Your Business Internationally – How to Properly Plan International Expansion

Our population has become increasingly mobile and globalized. Internet access is ubiquitous, with most people carrying around mini-computers in their pockets. There are predictions that by 2020, emerging international markets will be the new global leaders, particularly Brazil, Russia, India, and China. The opportunity to communicate and trade with people around the world has never been so […]

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10 Accounting Trends Every Business Should Follow in 2020

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 […]

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Short-Term Effects of Globalization

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 […]

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The Long-Term Effects of Globalization

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 […]

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Doing Business 2019: Behind the Numbers

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 […]

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Choosing a Regional Location for International Expansion

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, […]

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Tips For International Business Travel

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 […]

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Hiring In-Country Versus Sending an Employee

A business entering a new market must consider how it will staff its new operation. Many companies are conflicted between two options: hiring in-country or sending an employee from home. Deciding between the two requires an examination of the pros and cons, as well as identification of the key success factors offered by highly ranked […]

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International Expansion of a Non-Governmental Organization or Nonprofit

A non-governmental organization or nonprofit faces unique challenges in addition to those routinely encountered by business expanding internationally. NGOs and nonprofits may offer economic, environmental or social benefits in regions which can directly or indirectly highlight governmental and political issues. Consequently, it can be tougher for the organization to penetrate the market, but it isn’t […]

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International Mergers and Acquisitions

According to the Institute for Mergers, Acquisitions and Alliances, 49,000 international mergers and acquisitions occurred in 2018 alone with an estimated value of $3.8 trillion. Over a third of the value of these transactions involved U.S. companies. Growing Trend Deloitte predicts merger and acquisition activity will increase, in both the number of transactions and deal […]

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Contractor Versus Employee: Important Considerations

Contractor or employee? It’s an important decision for business, especially when looking to expand internationally.   Generally, hiring contractors costs less since your company does not need to pay benefits. Independent contractors are also a good choice for organizations wanting to expand, but unwilling to invest in employees until they test the new overseas market and […]

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