For any business entering a new market—especially in a country on the other side of the globe—the risks can be daunting.
Finding new customers, suppliers and partners, understanding the local business culture and trade laws, and working out the logistics of shipping your goods are just a few of the challenges of doing business internationally. And what about foreign exchange fluctuations, understanding payment practices and insurance requirements, geopolitical developments and country risk and accessing the working capital you need to expand into an international market?
The reality is there are many possible country, political and financial risks that you need to familiarize yourself with before entering any market of opportunity. And more importantly, you need to understand how these risks could impact your company’s operations—and plan accordingly.
This webinar will help you to understand those key considerations, help you mitigate these risks and outline the supports available to set your business up for success.
See how MNI is committed to helping your business stay safe and survive the pandemic