9 Tips For Doing Business Globally
Study the Local Laws
Overseas, your company will be subject to unfamiliar regulations and, depending on your agreement with distributors, you may have significant legal exposure, says Brad Peterson, a business lawyer and partner at the law firm Mayer Brown. Keeping that in mind, “get solid contracts with the companies you’re working with, preferably contracts that you can enforce in the United States,” he advises. And, when you’re doing business in a non-English speaking country, make sure you can communicate effectively with your local partners.