When Should Your Company Consider Global Expansion?
So you’re ready to expand, but are you prepared for global expansion?
Of course the thought of global expansion is one that would get any business excited. But before you start stamping your passport, it’s important to make sure that you’re adequately prepared.
New ventures in foreign lands can bring opportunities, fanfare, and adventures. But, if you haven’t yet reached the stage where you’re capable of handling global expansion, it can lead to taxing workloads, stressed leadership, and underwhelmed customers, both foreign and domestic. Watch the video to hear Dave Brock of Partners in EXCELLENCE explain the issues you need to assess before considering global expansion.