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Are you prepared to succeed internationally?
These are some the questions we have compiled in order to assist small and medium size businesses think through the various steps leading to an evaluation of their business potential in international markets. This is not meant to be an exhaustive checklist, rather, we hope to stimulate your interest in international business development. Do you already have some international business expertise? Do you have in place strategies and processes to enter new markets? Do you have a shortlist of international market you'd like to further investigate? If yes, do you have enough information about these markets to make a decision on how to proceed? Does your company have the personnel resources to proceed with an international expansion? Does your company have the financial resources to proceed with an international expansion? Is your technical infrastructure robust enough to support an international expansion? Are your departments well equipped to deal with international partners? How do you categorize your company's products and services? One or two products specialty product large inventory How would you classify your current market share in Sweden? Does your staff possess sufficient language proficiencies to do business internationally? Are you and your organization motivated to do business internationally? Have you already outlined issues with an international expansion? Review once again these questions and your answers, and then summarize your own assessment of your company's readiness level. Contact us at Baystate Connections and we'll be happy to provide guidance in any of the areas of business development in international markets
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