Philanthropy through Volunteer Time Off (VTO)
What Is VTO? VTO is an employee benefit modelled after Paid Time Off (PTO), allowing employees to volunteer with non-profit organizations. Many volunteer opportunities occur during regular business hours, enabling employees to plan time for helping causes they care...
Learning About Cultural Differences in International Business
International business, international culture As your business expands internationally, cultural differences between America and your target country can have a critical effect on your business’s potential for success. We wrote earlier on the importance of hiring a...
Why Use The Services Of An Interpreter, And How To Find One
When you expand your company into an international market, the first issue you’ll encounter is likely a language difference. Resist the temptation to choose anyone who is “only” fluent in the target language to act as your interpreter—hire someone who is knowledgeable...
The Step-by-Step Process to Take Your Business Global
Growing your business out of the past year's tough conditions means you need to explore new territories. Territories like the global market. Whether that means bricks and mortar outlets in other countries or just a smooth operating online store, the next step for most...
Global Expansion – Taking your Business to the World Market
Following a year of low economic growth and reduced sales, many small- to medium-sized business owners might not think that expansion is the right course of action for 2021. However, the timing to spread your wings may never be better for taking your business global....
How AI Can Boost Your Business
Today’s successful businesses know it’s essential to use every tool at their disposal. Technology continues to revolutionize multiple industries. I have found that embracing new technology, instead of avoiding it, can put you ahead your competitors and fuel business...
COVID Impacts on International Business
COVID-19 has been part of our lives for an entire year, and the world is still dealing with its effects. With many countries on lockdown and businesses failing, it has become very clear that the pandemic will have a lasting impact––especially on international...
A Guide to Global Partnerships
Expanding your business to an international scale can be much easier when you form a global partnership. You can use this type of partnership to develop innovative products or acquire new channels for your products. Forming a global partnership can be more than...
Challenges of Global Expansion
Yes, global expansion can build your business and present new opportunities—but it’s imperative to understand the challenges before taking that next step. As an experienced businessman in global expansion and international business, I understand how to avoid many of...
Avoid Mistakes in Global Expansion
In business, growth is essential for sustainability and success. When it comes to expanding on a global scale, recognize that many challenges you might face are unique to international expansion. Business owners need to take expansion seriously and plan to avoid...