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What Every Entrepreneur Should Know About Foreign Exchange Risks

What Every Entrepreneur Should Know About Foreign Exchange Risks

by Michael Luzich | Dec 11, 2024 | Blog, International Business, Michael Luzich

In today’s globalized economy, entrepreneurs frequently engage in cross-border transactions. While international trade opens doors to vast opportunities, it also exposes businesses to foreign exchange (forex) risks. Understanding and managing these risks is a critical...
Protecting Data Privacy in Cross-Border Transactions

Protecting Data Privacy in Cross-Border Transactions

by Michael Luzich | Nov 14, 2024 | Blog, International Business, Michael Luzich

In today’s globalized digital economy, cross-border transactions have become an essential part of business operations. However, they also introduce significant challenges related to data privacy and security. As businesses expand beyond national borders, the...
The Role of Joint Ventures and Strategic Alliances in International Business Expansion

The Role of Joint Ventures and Strategic Alliances in International Business Expansion

by Michael Luzich | Oct 14, 2024 | Blog, International Business, Michael Luzich

In today’s increasingly globalized world, businesses seeking to expand internationally often turn to joint ventures (JVs) and strategic alliances as effective strategies for growth. These partnerships enable companies to pool resources, share risks, and tap into new...
Understanding the Impact of Tariffs and Trade Wars on Global Business

Understanding the Impact of Tariffs and Trade Wars on Global Business

by Michael Luzich | Sep 11, 2024 | Blog, International Business, Michael Luzich

Global business is increasingly influenced by geopolitical and economic policies, with tariffs and trade wars critical in shaping the international landscape. Tariffs—taxes imposed by governments on imported goods—are used as tools to protect domestic industries,...
A Guide on How to Negotiate Effectively in a Global Context

A Guide on How to Negotiate Effectively in a Global Context

by Michael Luzich | Aug 12, 2024 | Blog, International Business, Michael Luzich

Negotiating in a global context presents a unique set of challenges and opportunities. Different cultures, business practices, and communication styles can impact the negotiation process. Mastering global negotiation requires understanding these differences and...
How to Use Data Analytics to Drive International Business Decisions

How to Use Data Analytics to Drive International Business Decisions

by Michael Luzich | Jul 9, 2024 | Blog, International Business, Michael Luzich

In today’s interconnected world, leveraging data analytics has become crucial for businesses that are looking to expand and thrive globally. Whether you’re a multinational corporation or a startup eyeing international markets, data-driven insights can...
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