What are the key factors to consider when expanding into international markets?
Semih Albayrak
2 replies
Expanding into international markets is a significant decision that requires a comprehensive understanding of various factors.
Replies
Sandra Djajic@sandradjajic
Hunted Space
Legal and regulatory requirements! Research legal and regulatory requirements of the country such as trade regulations, tax laws and so on :)
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Cultural differences! You need to understand the cultural norms and expectations in the new market and adapt accordingly. Things like communication style, business etiquette, and product preferences can differ across cultures.