BizSugar.com › Management › 4 Pitfalls of Taking Your Business Abroad

The U.S. is a highly competitive market–when companies of any size get to a point where they find it harder to increase their market shares, the natural tendency is to begin looking at other English-speaking markets. With the misconception that these markets are easily transferrable, many companies find themselves trapped in several pitfalls because they didn’t do the necessary research. Below are five barriers many companies face when attempting to create an international presence, accompanied by solutions for the problem.