As a small business goes international through incremental stages instead of as a global start-up, what unique benefits does it have? Can you identify any obstacles?© BrainMass Inc. brainmass.com October 10, 2019, 8:17 am ad1c9bdddf
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A small business going global through incremental stages allows the company to manage its growth in a sensible way by controlling the process organically, and allowing the company to handle many of the pitfalls of a large global start-up and take each stage as a planning process. The key to international growth is having a flexible plan, because global economies can change very rapidly as new political infrastructures come to light and a once sound business plan no longer works in a new political regime. A very concrete example would be spending a great deal of capital on a foreign website that handles import export into the country. ...
As a small business goes international through incremental stages instead of as a global start-up, what unique benefits does it have? Can you identify any obstacles?