5 of the Best Countries to Start a Business – ShoeMoney

When I was in high school, it blew me away to realize that some of my friends had never left the region. Some had never left our home city. Traveling was part of my development. I wouldn’t be the same person if I’d never left my home city. If you’re wanting to experience another culture, starting a business would be like jumping into a cold lake. It will be thrilling and possibly painful all at once. You’re likely the kind of person who loves a challenge. If you are, then read on to find out what countries are the best places to start a business. 1. The UK All we hear about the UK is Brexit all the time. But we’re going to be hearing about how Britain is trying to leave the EU until warp drive is invented. Business is still booming in the United Kingdom and it’s the […]

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4 Simple Steps to Begin Building an International Brand

The more you work on establishing new, global relationships, the closer you’ll move to new sources of revenue. October 29, 2018 2 min read Opinions expressed by Entrepreneur contributors are their own. Many entrepreneurs have asked themselves, what is the art of building an international brand? In this video, Entrepreneur Network partner Brian Tracy breaks down the main way to get international customers.  For individuals who are dead set on starting their company, motivation and the ability to jump in feet first are never the problem. What can be confusing is communicating with other cultures, and bridging that gap between different lifestyles and priorities in business. If you are able to make this transition, it can lead to an impressive influx of new business, says Tracy.  Tracy talks about how if Best Buy had tailored its international approach for global tastes, it may have seen consumers outside of the United […]

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The Cannabis Industry Is Going Global Without Waiting for America to Legalize

Legal cannabis market is already at least a $10 billion market now but legalization takes hold worldwide experts see a potential $80 billion global market. August 17, 2018 5 min read Brought to you by Marijuana Business Daily Hours after Constellation Brands announced its marijuana-industry-record investment of 5 billion Canadian  dollars ($3.8 billion) in Canada’s Canopy Growth, experts told cannabis entrepreneurs and investors at MJBizConINT’L in Toronto on Wednesday that global cannabis business opportunities will rapidly accelerate. The move by Constellation — which owns, distributes and markets 100 beer, wine and spirits brands, including Corona and Robert Mondavi — is likely to drive significant interest in the industry, Chris Walsh, vice president of Marijuana Business Daily, said during his opening remarks at MJBizDaily‘s first international conference. That prediction was echoed by the conference’s keynote speaker. “I’ve never seen the industry move at the velocity it’s moving today,” said keynote speaker Brendan Kennedy, CEO of Canadian medical […]

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Tips and Tools Your Startup Can Use to Maximize Your International Business

Traditionally, cost, risk and logistical challenges have discouraged online businesses from selling to or working with customers from anywhere but their home turf. Not anymore. July 18, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. The world of digital business is increasingly a world without borders. Any barriers, for example, preventing an ecommerce store in Chicago selling to a customer in Bangalore, or a marketing agency in London hiring a freelancer in Vietnam, are likely to be merely logistical or administrative in nature. Related: The Right Way to Grow Your Business Internationally That’s a good thing, because if you restrict your business to the country where you’re physically located, you could be leaving a considerable amount of money on the table. According to the Small Business Administration, 96 percent of the world’s consumers now live outside the United States, and two-thirds of the world’s purchasing power is based […]

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6 Tips for Doing International Business

These simple steps can help you get everything in line for your next — or first — international business venture. May 19, 2018 5 min read This story originally appeared on Personal Branding Blog Technology has connected our world more than ever before. Now we can enjoy easier international travel and exchange of goods and services overseas. If you run a company in the United States, it may be time to start thinking about expanding your global reach beyond the U.S. and into international territory. That step may seem intimidating, but there are several ways to get involved in the world market. Related: How to Bounce Back After a Business Venture Goes Awry 1. Get an early start With the international business market growing rapidly, it may be tempting to dive in headfirst. However, slow and steady wins the race. Plan your approach strategically, and take your time. Allen Adamson, managing […]

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The Right Way to Grow Your Business Internationally

A promising new customer base is an enticing draw, but today’s entrepreneurs must consider underlying factors that didn’t exist a generation ago. March 18, 2018 4 min read A Note From The Editor Think your company has what it takes to make our Top Company Cultures list? Apply now. Apply now » Opinions expressed by Entrepreneur contributors are their own. Serving an international customer is no longer as difficult as it used to be. According to one study, 82 percent of shoppers made at least one purchase from an international merchant in a calendar year — despite the fact that only 1 percent of small businesses in the U.S. export goods overseas.  But filling the occasional overseas order isn’t the same as having a truly international presence. Expanding to a new market requires boots on the ground to ensure you understand the unique nature of consumption patterns, marketing strategies and business laws. […]

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