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Does My Company Have What It Needs to Be Expanded Internationally? - Author Darilyn Aquino

Artículo escrito por Darilyn Aquino para el Huffington Post Marzo 14, 2015

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CONTRIBUTOR
DARILYN AQUINO
My mission is to help you reach the next level with your life and business.
What You Need To Know In
Order To Have A Profitable
Business
July 4, 2017
Survival Kit for Entrepreneurs
November 5, 2016
Does My Company Have What
It Needs to Be Expanded
Internationally?
March 14, 2015
Top 3 Mistakes Newbie
Entrepreneurs Make and Their
Solutions
October 28, 2014
Got a tip?
Do you have info to share with HuffPost
reporters? Here’s how.
Joint Venture: Business
Agreement for International
Trade
September 28, 2014
Key Steps to Not Fail in the
Internationalization of Your
Company
September 1, 2014
Follow Us
NEWS
POLITICS
ENTERTAINMENT
LIFE
VOICES
HUFFPOST PERSONAL
SHOPPING
NEWSLETTERS
NEWS POLITICS ENTERTAINMENT LIFE PERSONAL VOICES SHOPPING VIDEO U.S. Edition
Mother, blogger, Entrepreneur, Author, Juris Doctor Degree in Law, Master´s Degree in International Law
Business and motivational advisor. Speaks 4 languages and contributes with worldwide publications and
prestigious blogs related to entrepreneurship, woman in business, international law and motivation. Her
mission statement is to help you reach the next level with your life and business. If you want to know more
about her subscribe to her free weekly newsletter at www.DAQSGroup.com
By entering your email and clicking Sign Up, you're
agreeing to let us send you customized marketing
messages about us and our advertising partners. You
are also agreeing to our Terms of Service and Privacy
Policy.
ABOUT US
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USER AGREEMENT
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Part of HuffPost News. ©2023 BuzzFeed, Inc. All rights reserved. The Huffington Post
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Wake up to the day's most important
news.
address@email.com SIGN UP
Log In Join HuffPost
Suggest a correction
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THE BLOG BUSINESS SMALL-BUSINESS-SUCCESS-STORIES POTENTIAL
Does My Company Have What It Needs to Be
Expanded Internationally?
For the export to be successful we should obtain a realistic response to the
questions that will help us to assess the real situation of the company and
whether if the company has a real export potential and capacity.
By DARILYN AQUINO, Contributor
My mission is to help you reach the next level with your life and business.
Jan 12, 2015, 03:14 PM EST | Updated Mar 14, 2015
This post was published on the now-closed HuffPost Contributor platform. Contributors control their own work and posted
freely to our site. If you need to flag this entry as abusive, send us an email.
RELATED
BUSINESS SMALL-BUSINESS-SUCCESS-STORIES POTENTIAL BUSINESS STRATEGY PRODUCTS
GO TO HOMEPAGE
In the current economic crisis, small and medium enterprises (SME's) see the export market
as a way to improve their business, without having first a thoughtful and meditated plan.
Nevertheless, for the export to be successful we should obtain a realistic response to the
questions that will help us to assess the real situation of the company and whether if the
company has a real export potential and capacity. These questions are:
1. Do I really have the needed funding?
All the actions that you may have to conduct before the export have a high economic cost.
In the export plan, you must establish if you really account with the necessary funding,
including a financial cushion for unforeseen events.
2. Is my service or product competitive in quality and price?
You should be really sure about whether your service or product has a competitive
advantage in quality and price in relation to other companies in the export market. In the
event that your product or service reaches a higher level than the competition and
differentiates with prices at the best possible cost to be able to compete with the
international offer, if so, you can continue with the approach of the export potential of your
company.
3. Are the personnel of your business qualified in foreign trade?
Do you have qualified staff or a department in foreign trade and do you have managers
prepared for the internationalization of the company? If your answer is negative, it is
recommended to train your staff on foreign trade, keeping in mind that it´s also important
for your staff to have a clear expansion vision and good language skills.
4. Is my company prepared to meet an increase in demand?
Expanding to a new market means there is an expectation of an increase in demand that
must be faced by the company. Analyze which is the best production starting point that will
allow you to meet the sales in this new market, your company must be prepared to deal
with an increase in demand.
Therefore, your company will have a clear export potential if you have prices at the best
cost to be able to compete with the international offer, if your products or services have a
superior quality, being able to meet all the demanded quantities in anticipation of stock
existence, counting on with qualified staff in foreign trade with a clear expansion vision.
DARILYN AQUINO, Contributor
My mission is to help you reach the next level with your life and business.
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Does My Company Have What It Needs to Be Expanded Internationally? - Author Darilyn Aquino

  • 1. CONTRIBUTOR DARILYN AQUINO My mission is to help you reach the next level with your life and business. What You Need To Know In Order To Have A Profitable Business July 4, 2017 Survival Kit for Entrepreneurs November 5, 2016 Does My Company Have What It Needs to Be Expanded Internationally? March 14, 2015 Top 3 Mistakes Newbie Entrepreneurs Make and Their Solutions October 28, 2014 Got a tip? Do you have info to share with HuffPost reporters? Here’s how. Joint Venture: Business Agreement for International Trade September 28, 2014 Key Steps to Not Fail in the Internationalization of Your Company September 1, 2014 Follow Us NEWS POLITICS ENTERTAINMENT LIFE VOICES HUFFPOST PERSONAL SHOPPING NEWSLETTERS NEWS POLITICS ENTERTAINMENT LIFE PERSONAL VOICES SHOPPING VIDEO U.S. Edition Mother, blogger, Entrepreneur, Author, Juris Doctor Degree in Law, Master´s Degree in International Law Business and motivational advisor. Speaks 4 languages and contributes with worldwide publications and prestigious blogs related to entrepreneurship, woman in business, international law and motivation. Her mission statement is to help you reach the next level with your life and business. If you want to know more about her subscribe to her free weekly newsletter at www.DAQSGroup.com By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. ABOUT US ADVERTISE CONTACT US RSS FAQ CAREERS ARCHIVE USER AGREEMENT COMMENT POLICY DMCA POLICY HUFFPOST PRESS ROOM ACCESSIBILITY STATEMENT PRIVACY POLICY CONSENT PREFERENCES Part of HuffPost News. ©2023 BuzzFeed, Inc. All rights reserved. The Huffington Post The Morning Email Wake up to the day's most important news. address@email.com SIGN UP Log In Join HuffPost
  • 2. Suggest a correction POPULAR IN THE COMMUNITY YOU MAY LIKE WHAT'S HOT 28 Travel Products For People Who Are Dead-Set On Only Bringing A Carry-On Utah Judge Delays Implementing Statewide Abortion Clinic Ban Elon Musk Issues Not-So-Subtle Threat To NPR For Not Tweeting Autopsy Finds Stab Wounds To Heart, Lungs Killed Cash App Founder MORE IN BUSINESS American Airlines Pilots Vote To Authorize Strike A Starbucks Closed Abruptly — And Its Workers Say It Was Retaliation Amazon Delivery Drivers In California Become First To Unionize The Campaign To Unionize Trader Joe's Just Notched Another Victory These Apple Store Workers Are Furious With The Company Amazon Spent $14 Million On Anti- Union Consultants In 2022 Medieval Times Is Struggling To Quell A Revolt By Its Own Workers Chipotle Agrees To Pay $240K To Workers Who Lost Their Jobs After Trying To Unionize Starbucks Workers Strike Ahead Of Shareholder Meeting Amazon To Lay Off Another 9,000 Employees New York Community Bank To Buy Failed Signature Bank Parent Of Silicon Valley Bank Seeks Bankruptcy Protection U.S. Stocks Fall As Bank Worries Spread To Europe The U.S. Is On The Cusp Of A New Nuclear Energy Milestone — And Debate Medieval Times Union Says Company Brought In Scab Knights From A Faraway Land A Union Campaign Is Picking Up Steam At This National Outdoor Retailer Howard Schultz Is In More Hot Water Over Starbucks Union-Busting Allegations Israel’s ‘Startup Nation’ Braces For A Political Earthquake More Strikes Are Happening As Workers Wield Their Leverage Medieval Times Scrambles To Fly In Knights From Other Castles Amid Strike Company Employed At Least 102 Kids In U.S. Meatpacking Plants, Investigators Find Tesla Recalls 363K Vehicles To Fix Flaws In ‘Full Self-Driving’ System Starbucks Busted For Illegal Union Busting Disney Will Cut 7,000 Jobs In Effort To Save $5.5 Billion In Costs Netflix Lays Out Plan For Password- Sharing Crackdown Judge Rules That Amazon’s Anti-Union Consultant Broke The Law TikTok Bans Medieval Times Union Account This Pilot Quit Her Job. Her Employer Billed Her $20,000. Elon Musk Faces SEC Investigation Over Tesla's 'Self-Driving' Claims: Report Elon Musk Goofs That He Can't Get Rid Of Dumb New Twitter Name Trader Joe’s Workers In Kentucky Form Union Trader Joe’s Posts 'Anti-Union Propaganda' Ahead Of Election NEWS POLITICS ENTERTAINMENT LIFE VOICES HUFFPOST PERSONAL SHOPPING NEWSLETTERS NEWS POLITICS ENTERTAINMENT LIFE PERSONAL VOICES SHOPPING VIDEO U.S. Edition THE BLOG BUSINESS SMALL-BUSINESS-SUCCESS-STORIES POTENTIAL Does My Company Have What It Needs to Be Expanded Internationally? For the export to be successful we should obtain a realistic response to the questions that will help us to assess the real situation of the company and whether if the company has a real export potential and capacity. By DARILYN AQUINO, Contributor My mission is to help you reach the next level with your life and business. Jan 12, 2015, 03:14 PM EST | Updated Mar 14, 2015 This post was published on the now-closed HuffPost Contributor platform. Contributors control their own work and posted freely to our site. If you need to flag this entry as abusive, send us an email. RELATED BUSINESS SMALL-BUSINESS-SUCCESS-STORIES POTENTIAL BUSINESS STRATEGY PRODUCTS GO TO HOMEPAGE In the current economic crisis, small and medium enterprises (SME's) see the export market as a way to improve their business, without having first a thoughtful and meditated plan. Nevertheless, for the export to be successful we should obtain a realistic response to the questions that will help us to assess the real situation of the company and whether if the company has a real export potential and capacity. These questions are: 1. Do I really have the needed funding? All the actions that you may have to conduct before the export have a high economic cost. In the export plan, you must establish if you really account with the necessary funding, including a financial cushion for unforeseen events. 2. Is my service or product competitive in quality and price? You should be really sure about whether your service or product has a competitive advantage in quality and price in relation to other companies in the export market. In the event that your product or service reaches a higher level than the competition and differentiates with prices at the best possible cost to be able to compete with the international offer, if so, you can continue with the approach of the export potential of your company. 3. Are the personnel of your business qualified in foreign trade? Do you have qualified staff or a department in foreign trade and do you have managers prepared for the internationalization of the company? If your answer is negative, it is recommended to train your staff on foreign trade, keeping in mind that it´s also important for your staff to have a clear expansion vision and good language skills. 4. Is my company prepared to meet an increase in demand? Expanding to a new market means there is an expectation of an increase in demand that must be faced by the company. Analyze which is the best production starting point that will allow you to meet the sales in this new market, your company must be prepared to deal with an increase in demand. Therefore, your company will have a clear export potential if you have prices at the best cost to be able to compete with the international offer, if your products or services have a superior quality, being able to meet all the demanded quantities in anticipation of stock existence, counting on with qualified staff in foreign trade with a clear expansion vision. 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