How to Set Up a Business in Another Country

If your business is exporting products overseas, your operation needs reliable distributors, marketing staff and salespeople to penetrate your desired markets. If your business is importing products into the United States, an overseas presence can help your organization get the products you want at a price you can afford.

Overseas contacts. These can be the people who produce your product if your organization is importing items, as well as the government officials you will have to deal with in the country you're doing business in. Likely they are people you will meet when you travel overseas. Many of your overseas contacts will be met at trade shows.

Overseas contacts:

- Bring their international business and cultural acumen to the table.

- Speak the language of the country you're doing business in, and usually English, too.

- Can keep your stateside operations informed about activities overseas that could affect your business.

- Bring their own contacts to the table.

Establishing Overseas Operations

Before an organization establishes overseas operations, it needs to:

- Establish a business plan

- Know what products it wishes to deal with

- Learn about the countries it will be doing business in

- Hire someone who speaks the overseas language

- Study the company or companies it will be dealing with.

Follow these simple steps and your organization will have an overseas operation in no time.

Sources:

www.sbtdc.org/services/export_intermediaries.htm

www.associatedcontent.com/article/2870248/when_to_make_your_business_global.html?cat=3