Would acquiring a company similar to yours be an option worth exploring as an entry into a new marketplace in a foreign land? What would be the advantages? What are the risks?© BrainMass Inc. brainmass.com March 5, 2021, 12:53 am ad1c9bdddf
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It would be worthwhile to evaluate acquiring a similar company as an entry into a new marketplace internationally. The local company personnel could then assist with helping your company learn more about the culture, legislation, and handle language differences. In addition, since it is mentioned that the other company is in a foreign land, it is assumed that there is some geographical distance. Having a company already set up ...
This solution discusses if acquiring a company similar to yours is a good option when entering into a new marketplace in a foreign land. It outlines advantages and risks.