Have Any Questions?
+65-86085740
Email Us
contact@accountsavvy.sg
Why is international expansion important?
Expanding abroad allows you to get out of a saturated market. Expanding abroad gives you access to new customers and in a market where your competitors do not operate. One of the reasons why businesses expand globally is to be able to provide a reliable service to their international clients.
Global Expansion Every Business Must Know?
- Exporting is a standard international expansion method
- Licensing and franchising. Licensing is a popular method of international expansion
- Partnerships & strategic alliances
- Mergers & acquisitions
- Greenfield venture
What Are The Different Types Of International Expansion?
The five most common modes of international-market entry are exporting, licensing, partnering, acquisition, and greenfield venturing. Each of these entry vehicles has its own particular set of advantages and disadvantages.