The current phase of Globalization has rendered the demographic boundaries less meaningful, albeit the business trans boundaries are normally Governed by the local, as well as the Head Quarter Country’s Statutes and laws, besides the precedents set by local business practices.
Small or big or even a Startups have to weigh the option of Cross Boarder Expansion as a strategic tool. However, a word of caution, this is not that simple a decision and a lot of things are to be duly analyzed, weighed and considered in depth, as this is a long term step and also requires sizable investments.
Selection of local partners with appropriate terms negotiated and agreed upon, is the most crucial decision, as this can make or break the business considerations and result in greater agony and problems. Indeed, a professional advice is like a stitch in time and will save a lot of latter troubles.
SriSattva Professionals can help you in your strategic decision making with their insight and expertise. We also have the advantage of a large network of strategic experts across the globe. They can be very handy and useful in imparting necessary local knowledge inputs and help in finalizing suitable local tie-ups.
Strategic Requirements – Sellers set up business at the place of demand
Strategic Operational Location – Most cost effective Exim policies compliance
Local presence benefits – To avoid other quota restrictions
Onsite Provision of Services – Supply with regional product differentiations
Legal requirements – To maximum utilize local advantage