NewsCase StudiesEvents

Thinking Of Expanding Your Business Into New Territories?

Also in the news...

Confined establishments in Great Britain

Lists of confined establishments in Great Britain, Jersey and the Isle of Man approved to export or move ungulates to the EU and Northern Ireland.

Republic of Belarus sanctions: guidance

Guidance on the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019

UK-New Zealand Joint Committee ministerial statement

Details of the Joint Committee held as part of the United Kingdom-New Zealand Free Trade Agreement on 8 May 2024.

Tips for Success in the German Market:

Avoiding Pitfalls and Understanding German Consumer Needs

UK-China Intellectual Property Newsletter

At the end of every month we publish a newsletter covering recent intellectual property (IP) developments in China.

Thinking Of Expanding Your Business Into New Territories?

Back to News

Today sees the launch of a new report from The Economist Intelligence Unit, sponsored by TMF Group.

"Corporate overseas expansion: opportunities and barriers" examines the motivations and practical challenges faced by over 150 global businesses when they set up operations in a new geographic territory.

Depending on your location, your routes and reasons for expansion could also be very different. What issues are you likely to encounter?

Top 5 challenges faced by businesses when expanding:

1. Understanding and adapting to socio economic circumstances in target market

2. Exchange rate volatility

3. Data protection and privacy laws

4. Security and personal safety of staff

5. Local employment customs, practices and laws

Europe

Three in four European companies cite opening new markets for their products and services as the key driver in international expansion.

Asia Pacific

Businesses in Asia Pacific prioritise finding new sources of capital.

North America

US firms are heavily reliant on Chambers of Commerce, with over half seeking assistance in both their home and destination market.


You are not logged in!

Please login or register to ask our experts a question.

Login now or register.