03/09/2015

It’s time for SMB’s to consider inorganic growth strategies to expand globally

From the tale of the tortoise and the hare, to the African proverb which counsels eating the elephant one bite at a time, we’re conditioned to tackle challenges with consistent and deliberate effort. That conditioning and mindset, though, has both positive and negative implications to companies’ global growth plans. For some SMB’s considering inorganic growth strategies is the only way forward.

16/07/2015

13 ways Canadian SME’s can improve on their dismal export rates

For all the talk about Canada being a trading nation, we aren’t when it comes to small and medium sized enterprises. While SME’s account for roughly 95 percent of all companies in Canada, and create 65 percent of all jobs, Canadian SME export rates are at less than 2 percent.

05/06/2015

4 lessons learned from famous market entry failures

Occasionally, huge companies fail in new markets. Just because a company may have an internationally recognized and respected brand does not mean that it is invulnerable to failure when it tries to enter a new space.

Here are some of the most famous market entry failures of the past few decades, and the lessons to be learned from them.

02/06/2015

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.

21/05/2015

The 3 biggest risks you need to plan for before entering a new export market

There are many rewards to expanding business globally. Increasing global exposure, market share and profitability are just a few of the many good things that can happen. One major roadblock preventing organizations from growing their businesses in a new export market is the inherent risks involved.

28/04/2015

How you can use temporary importation tactics to succeed in export sales

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?