If you’re ready to expand your business into global markets, you need to keep certain considerations in mind to smoothly transition from local to international business. We’ve compiled the following list of five expenses you may incur while preparing your business for expansion.
Product Readiness
Packaging standards differ from country to country. Getting to know how each system works allows you to prepare for unexpected expenses around packaging and shipping.
Labeling is also a factor. International markets may require packaging to contain specific information, meet safety standards, or comply with regulations.
Researching markets carefully means avoiding expenses you weren’t prepared for.…
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