By Staff writer
The advantages of expanding overseas are vast but things can quickly go wrong. Here, Rick Hammell, the CEO of Elements Global Services, highlights the common reasons why international expansion fails.
There’s no denying that English is seen as a must-know language in the business world, but if you’re going to work with companies in other countries, or hire staff from across the world, then you need to understand some of the intricacies behind their speech.
It may have slowed down, but China’s economy is still growing at three times the speed of the UK’s and there are still massive opportunities for outbound investment. Recent figures attribute a record-breaking $101bn worth of global deals to Chinese buyers in the first three months of 2016 alone.
As Walmart found through its ill-fated South Korean growth push, it really does pay to know just how an overseas market expects your business to behave.
By Alex Cheatle
There’s an ongoing discussion about which city should take the mantel as the “world’s best” for setting up a business. For Alex Cheatle, CEO of the Ten Group, the decision is easy – it’s London. Here, he explains why the Big Smoke is hard to beat.
Chinese-speaking students are working with small businesses to provide language skills and cultural knowledge and help them break into the Chinese market.
