The top 3 myths about going global
It’s important to separate facts from myth; for global business in general, and international markets expansion in particular. Here are the top three myths about going global that people seem to believe.
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It’s important to separate facts from myth; for global business in general, and international markets expansion in particular. Here are the top three myths about going global that people seem to believe.
In 2014, bilateral trade between Hong Kong and Canada was valued at US$4.6 billion, with exports reaching US$2.9 billion and imports worth US$1.68 billion last year. It turns out a lot of Canadians are doing business in Hong Kong.
Stephanie Kam, CITP|FIBP is a Senior Consultant Project Finance with CPCS Transcom Limited, where she specializes in project finance and legal issues surrounding international infrastructure projects. She is an ambitious, motivated individual who has a passion for experiencing the world through travel and working with people from different cultures. It is largely this attitude that is responsible for inspiring her career in international trade.
Michelle is excited to channel her passion for both international trade and Oxford Frozen Foods, where she works as the Sea Freight and Customs Assistant, to continue to take on new challenges in her career.
Researching Latin American markets is my passion. But I understand if it might not be yours. However, if you are a business intending to start or expand your operations anywhere in Latin America from Mexico down to Patagonia, you need to invest in market research
The journey, for me, is a major part of the experience of international business, and of any form of business travel: it is about much more than efficient and predictable displacement from “Point A” to “Point B”, and it provides countless opportunities for the exercise of civility, personal discipline and enrichment.
Responsible for a crucial economic sector in one of North America’s most iconic oil and gas producing regions, Maria is excited to help Canadian businesses in the industry enter and succeed in the competitive South Central USA market.
There are plenty of reasons why businesses branch out from local to international sales. Expanding your business by taking it to a new market offers a wealth of advantages and opportunities. You can grow sales, balance out seasonal instability, extend the life cycle of your products, and tap into a completely new market. However, making those first inroads in a new market is a significant challenge. So, how do you build trust in your company and your product in a new region?
The strategic goals outlined in a business plan will have an important influence on the strategies that must be used to develop or improve a supply chain plan and on the way in which a supply chain can be structured and managed.
After over twenty years of excellence in the field, Northstar Trade Finance’s efforts are now being rewarded with the US Export-Import Bank’s Lender of the Year award, at the organization’s annual conference in Washington D.C. on April 23.
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