4 Things To Consider When Scaling Up

Author:Mr Evert Wind
Profession:Intertrust
 
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Scaling businesses that aim to expand into multiple new territories also need to consider barriers such as unfamiliarity with local laws, registration and filing requirements and lack of cost-effective legal advice.It's important to select the right partners that can grow with you just as quickly.

Looking into scaling up internationally? This is what you should do:

Plan ahead - if you think you will eventually expand overseas, keep in mind optimal structures from the start to avoid costly reorganisations late Connect with other organisations - who have done it at a similar time in their life cycle. If you don't know any, ask your advisors to connect you Work with your local law firm and accountant -...

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