by Michael Luzich | Feb 21, 2023 | Blog, International Business, Michael Luzich
For any business wishing to expand internationally, the first step is to identify the right market. International expansion can bring about vast opportunities for business growth and success, but it is important to consider potential challenges and be prepared for...
by Michael Luzich | Jan 24, 2023 | Blog, International Business, Michael Luzich
The global economy has endured a difficult year, with inflation reaching decades-high levels that have hampered post-lockdown spending and forced central banks to take drastic measures to bring it back under control. Although their efforts may have been successful,...
by Michael Luzich | Dec 28, 2022 | Blog, International Business, Michael Luzich
The last few years have seen industries experiencing a huge number of transitions, likely to continue into 2023. Businesses now must contend with the effects of the pandemic, Russia’s incursion into Ukraine, economic difficulties, and rapidly developing...
by Michael Luzich | Nov 17, 2022 | Blog, International Business, Michael Luzich
Basic Business Etiquette in Saudi Arabia Saudi Arabia benefits from valuable and plentiful natural resources, high per capita income and a growing consumer class that is interested in Western goods and services. These assets make Saudi Arabia an excellent place to do...
by Michael Luzich | Oct 6, 2022 | Blog, International Business, Michael Luzich
My blog has listed many resources available to people who are interested in international business, but I have not covered podcasts. You can find podcasts on every subject imaginable on the internet, including several excellent podcasts in the field of international...
by Michael Luzich | Sep 8, 2022 | Blog, International Business, Michael Luzich
Outsourcing is a common practice in business. In fact, outsourcing is often the reason for a US company to do business with a company in another country, leveraging the competitive advantage that the foreign company has by virtue of its cost of materials and/or...