5 New Expenses For Small Businesses That Go Global

If you’re ready to expand your business into global markets, you need to keep certain considerations in mind to smoothly transition from local to international business. We’ve compiled the following list of five expenses you may incur while preparing your business for expansion.

Expenses incurred during business expansion process

Product Readiness

Packaging standards differ from country to country. Getting to know how each system works allows you to prepare for unexpected expenses around packaging and shipping.

Labeling is also a factor. International markets may require packaging to contain specific information, meet safety standards, or comply with regulations.

Researching markets carefully means avoiding expenses you weren’t prepared for.…

The post 5 New Expenses For Small Businesses That Go Global appeared first on SMALL BUSINESS CEO.



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