Can Small Businesses Work Internationally

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Many people want to establish small businesses domestically, but what about internationally? In some instances this can work but there are some considerations. The following contributed post is entitled, Can Small Businesses Work Internationally.

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Expanding and growing your business is always an important part of its lifecycle. The larger you can make your venture, the more money you will be able to make, and this is an aim that most companies share. Of course, though, many businesses find themselves struggling when they restrict themselves to a single country. Working internationally can solve this issue, though there will always be some challenges that come with this approach. To help you out, this post will be exploring some of these issues, giving you the chance to overcome them before you even start.

The Law

The law can be a tricky customer for small businesses, and working in another country will only make this harder. Not only do you have to follow the rules in your own country, but you will also have to follow any rules that come from the places you’re selling to. This can create problems if these laws contradict one another. Getting the help of a lawyer that understands international law will be a good way to approach this.

The Language

Next up, it’s time to think about the languages spoken in the countries you work in. You can’t expect your customers to deal with communication barriers like this, and you need to find ways to be able to talk to them. A bilingual answering service can often be the best tool to use when you’re trying to solve problems like this, and you can find other services out there that will make it easy to handle affordable translations. This can cost a small fortune if you hire someone for the job.

The Culture

The culture of a country can make a big difference in the way that you market your products. This can be seen when you compare adverts in countries like China to those found in the USA, with elements of each culture shining through in their marketing efforts. This shouldn’t be too hard to nail down, but you may need to start posting to more social media accounts, ensuring that you can reach out to all of the places you’re trying to sell to.

The Competition

Finally, as the last area to consider, it’s time to think about competition. You will always have to compete to sell your services, though this can be much harder when you’re having to deal with local companies in different countries. Hiring a dedicated marketing company can help with this, taking the pressure off of your shoulders while ensuring that all of the work that is done will have a positive impact on your company.

Selling products in different countries will always be a challenge. No matter how hard you work, you will always come across issues that make the whole thing harder, and you need to be prepared to take them on before you get started. This will be a trial, but the results could be well worth it for your business.

Author: anwaryusef

Anwar Y. Dunbar is a Regulatory Scientist. Being a naturally curious person, he is also a student of all things. He earned his Ph.D. in Pharmacology from the University of Michigan and his Bachelor’s Degree in General Biology from Johnson C. Smith University (JCSU). Prior to starting the Big Words Blog Site, Anwar published and contributed to numerous research articles in competitive scientific journals reporting on his research from graduate school and postdoctoral years. After falling in love with writing, he contributed to the now defunct, and the Edvocate where he regularly wrote about: Education-related stories/topics, Science, Technology, Engineering and Mathematics (STEM), Financial Literacy; as well as conducted interviews with notable individuals such as actor and author Hill Harper. Having many influences, one of his most notable heroes is author, intellectual and speaker, Malcolm Gladwell, author of books including Outliers and David and Goliath. Anwar has his hands in many, many activities. In addition to writing, Anwar actively mentors youth, works to spread awareness of STEM careers, serves on the Board of Directors of the Friends of the David M. Brown Arlington Planetarium, serves as Treasurer for the JCSU Washington, DC Alumni Chapter, and is active in the Dave Ramsey Financial Peace Ministry at the Alfred Street Baptist Church. He also tutors in the subjects of biology, chemistry and physics. Along with his multi-talented older brother Amahl Dunbar (designer of the Big Words logos, inventor and a plethora of other things), Anwar is a “Fanboy” and really enjoys Science-Fiction and Superhero movies including but not restricted to Captain America Civil War, Batman vs. Superman: Dawn of Justice, and Prometheus. He is a proud native of Buffalo, NY.

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