09/07/2015

Optimistic about US – Cuba Trade? Not so fast!

When President Obama announced in April that the U.S. State Department would finally be taking Cuba off the list of state sponsors of terrorism, it set in motion a sense of optimism that diplomatic relations and trade would soon go back to normal with the Caribbean island country. However, US – Cuba trade is off to a slow start.

07/07/2015

How to succeed in Africa by choosing partnership over corruption

There is no doubt that the continent of Africa is a land rich in opportunities for international businesses. With an abundance of natural resources, some of the world’s fastest growing economies, and booming demand for technological growth, it’s not hard to see why businesses look to succeed in Africa.

05/06/2015

4 lessons learned from famous market entry failures

Occasionally, huge companies fail in new markets. Just because a company may have an internationally recognized and respected brand does not mean that it is invulnerable to failure when it tries to enter a new space.

Here are some of the most famous market entry failures of the past few decades, and the lessons to be learned from them.

02/06/2015

The top 3 myths about going global

It’s important to separate facts from myth; for global business in general, and international markets expansion in particular. Here are the top three myths about going global that people seem to believe.

27/05/2015

Why Canadians should consider doing business in Hong Kong

In 2014, bilateral trade between Hong Kong and Canada was valued at US$4.6 billion, with exports reaching US$2.9 billion and imports worth US$1.68 billion last year. It turns out a lot of Canadians are doing business in Hong Kong.

21/05/2015

The 3 biggest risks you need to plan for before entering a new export market

There are many rewards to expanding business globally. Increasing global exposure, market share and profitability are just a few of the many good things that can happen. One major roadblock preventing organizations from growing their businesses in a new export market is the inherent risks involved.

28/04/2015

How you can use temporary importation tactics to succeed in export sales

There are plenty of reasons why businesses branch out from local to international sales. Expanding your business by taking it to a new market offers a wealth of advantages and opportunities. You can grow sales, balance out seasonal instability, extend the life cycle of your products, and tap into a completely new market. However, making those first inroads in a new market is a significant challenge. So, how do you build trust in your company and your product in a new region?