The process of taking business global poses a host of challenges for companies across consumer electronics, information technology industries and large consumer goods. Maintaining global consistency is among the most common concerns when establishing an international business footprint. This is especially difficult for businesses branching out for the first time. Cultural barriers present human capital and business model risks coupled with operational uncertainties. Combining these items with legal and compliance issues make expanding internationally a confusing web of regulatory and operational details.
With the global recession still fresh in the minds of all domestic and international consumers, the current volatility of many European economies, and a sluggish recovery overall, companies are taking a more measured approach to expansion. While the hurdles of expanding internationally appear great, the financial rewards and opportunity for growth are even greater.
For companies wanting to traverse the waters of global expansion, partnering with an outsourcing company is a sound decision. Connecting with a partner that offers global execution experience and has an existing infrastructure enables global reach while significantly reducing the risks and anxieties associated with international growth.