The Brief Guide That Makes Moving a Business Overseas Simple

Did you know that over 40 million Americans moved every year for the past five years? If you are planning on moving not only for personal reasons but also to expand your business internationally, we are here to share some tips to make moving a business overseas a little easier. 

Keep reading to learn some things you must do before you follow through with international business relocation.

1. Research the Rules

Every country has its own rules and regulations in place for a business to operate legally. Make sure to take the time to talk to a business attorney that works in the country you plan on moving your business to. 

It is imperative to do this because there might be certain restrictions in place that would not allow you to set up your specific business type. The last thing you want is to go through the work of translating marketing materials, looking for locations, etc only to find out that you can’t legally move your business to that area.

2. Culture

You want to make sure that you are aware of the culture of the country you are considering moving to. Take the time to visit the country as many times as you can and stay for a few weeks if possible. Even though you can research online there is nothing like experiencing the culture and location in person. 

Chat with the locals and also local business experts to get a feel for how people do business and learn some of the dos and don’ts of the area. You might even want to consider hiring someone that takes over the human resources for your company that is familiar with the culture and the laws. You can read these benefits of hiring someone to take over your business HR functions. 

Things that you might not have thought of such as your company logo or logo colors might turn people away in certain cultures. Dive into how your companies name and branding will translate overseas. 

3. Import and Export Policies

Something else that you want to get familiar with is truly understanding the country’s policies for importing and exporting. You will have to find a trade partner that you can trust because shipping regulations are a top priority when you are moving any products long distances. 

Keep in mind that you can ship higher valued items by air but most are transported from country to country via cargo ships. This means that transportation can sometimes take months and there are weather risks and pirate risks associated with this. 

Moving a Business Overseas Is Not Something You Want to Rush

We hope that now that you are aware of the top things to do when moving a business overseas, you are feeling more knowledgeable and confident to move forward with your moving decision.  This means that transportation can sometimes take months and there are weather risks and pirate risks associated with this. 

If this blog post came in handy please continue browsing our business section to catch some more tips.