Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

"To conduct International Business is easier than local business" do you agree? if yes what are the reasons?

user-image
Question added by padmakumar pathiyil , Marketing Consultant , Management Consultancy
Date Posted: 2014/09/26
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

If provided with adequate infrastructure from developing countries Government favor international business with many relaxations and tax benefits.  Moreover international business are protected by various types insurance and guarantees, and also cover protection for payments for exports by means of bank guarantees or payment supported by Banks through issue of letter of credits issued by the importers' bank.

Deleted user
by Deleted user

In my humble opinion, no business in the world can start internationally directly. Examples are in millions like Hewlett Packard, Microsoft, Cisco, Adidas.

Any business man has to start somewhere and usually it is his home country. It is easier since you have the country's nationality, culture, more familiar with society...

What will happen is that many companies may start in their country and spread after that and no longer depend on their local market. At this point when they are trusted and known on the international level, they can open business anywhere.

More Questions Like This