In this presentation Roxanne Hawkins, Co-Founder of International Directions reviews important steps to take before or as you begin your global journey.
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Taking the leap across the pond? Find out where to start, what you need to take into account, the challenges & pitfalls, and the differences in the various markets via a recent case study.
Robert Glasgow, Managing Director, Webgains
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If you are looking to exit a business, this webinar is perfect for you! Cover the process of selling; potential acquirers; timescales and tax considerations
The Step-by-Step Guide to Exporting is intended to help you learn about the world
marketplace and how your company can do business there. It concentrates on the
overall principles of exporting and describes the processes that businesses commonly
use to develop export strategies tailored to their needs. Among other things, the
guide will help you:
assess your company’s export readiness;
build an export plan;
research and select your target market;
create an export marketing plan;
determine the best methods of delivering your product or service
to your target market;
develop a sound financial plan; and
understand the key legal aspects of international trade.
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them successfully.With careful planning and a solid commitment to becoming
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Defining target markets is one of the strategic pillars for any company and growing organizations around the world face common questions related to internationalization: Should we explore other markets? Which ones? When? How? Even companies used to explore large local markets start to face such questions – now sooner and more frequently.
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Workshop on Business Planning, presented by professor Robert Warren (University of Manitoba) at the Idea to Product Competition Latin America at FGV.
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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6. Opportunity
Faster growth
Access to cheaper inputs
(raw materials and labor)
New market opportunities &
larger customer base
Diversification—less
vulnerability
7. Risk
Increased costs
Foreign regulations and
standards
Cash flow woes due to
delayed methods of
payment
Operational complexity
Failure to understand local
business norms and customs
8. Legal
Employment law
Currency exchange issues
Dispute resolution
IP protection
Marketing Language and
tactics
Product compliance
I’d like to thank Les Neuman and Sarah Burd for inviting me to be with all of you today. The ICanGlobal organization A Membership with iCAN-Global : Ican Global is an amazing organization that helps fill the void of global business support arena. I’m so impressed with their programs Makes your company more attractive to investors
What is the global market place? International business (doing business in one of more not local geographies. Global Business – covering the globe. In today’s presentation, I will review important steps to take before or as you begin your global journey. PwC forecasts India’s real annual GDP growth until 2050 at 8.9 percent, Vietnam’s at 8.8 percent, and China’s at 5.9 percent. The list of fast-growing emerging markets goes on and on. The U.S. forecast is a meager 2.4 percent, comparable with most Western economies.
Why are more and more companies taking a leap to “Going Global?” International business is no longer an option, but a necessity if organizations want to remain competitive.
President of Brazil – Dilma Rousseff Current President of Russia – Vladmir Putin Prime Minister of India - Manmohan Singh is the 13th and current Premier of China – Li Kequiang
when the company is dealing with a number of regions of the world. Expanding your global footprint
Limitations for marketing, employment law and business set up. Possible governmental restrictions on payments, and applicable withholding taxes (including possible structures to reduce the level of withholding). The Naked Truth Campaign. And Marketing claims
EU approval doesn’t always equal local approval. There are lots of places where you might make a wrong turn and be able to do a quick turn or a simple change to get things back on track. Regulatory is rarely into this category. UK Manager story – Product compliance in Europe, not Spain, not Germany, not UK. Cosmetic product.
American CEO Chip Starnes, Specialty Medical Supplies Cultural Themes : determines how a culture does business. Communication: Translation is not communication, there are substantial differences in context. Group Dynamics: involves the understanding of how individuals from certain cultures interact in groups. Glocalization: Global branding, messaging, corporate values, and marketing all have to be localized — thus the term “ glocalization. ” Interview with Steve Cook, Intuit – and American product translated not localized or developed for Global Markets.
US hygienist, UK Dental Nurse, France Dental assistants, etc. Medical device company sold to dentists. In the US, we have large operatory environments. France, very small. Product use not understood in local market.