Going Global: A Short Or Long Term Strategy? - Tweak Your Biz | Small business news; tips; networking

Posted by Sian Phillips under Strategy
From http://tweakyourbiz.com 4211 days ago
Made Hot by: HeatherStone on May 14, 2013 5:53 pm

By Aidan Healy

We live in an increasingly globalized world. Just a few years ago, going global (offshore) was a luxury afforded to only the wealthiest of companies. Yet as the communication infrastructure around the world has expanded, incorporating an offshore company is fast becoming a necessity for any entrepreneur with an ambitious growth strategy.

More than half of the Fortune 500 companies are using offshore companies to their advantage. Unfortunately, a lot of press around this topic is related to government authorities fighting tax evasion practices but this shouldn’t discourage someone from thinking big – going global.

Who Voted for this Story

Top BizSugar Users

This week's most active BizSugar users. Join Them!

Comments

Written by tiroberts
4210 days ago

Interesting piece. I believe that going global is more of a long-term strategy rather than a short-term strategy. However, there are several short-term strategies that you have to implement on the way to the long-term goal. Thanks for sharing this post with us.

Ti

- 0 +