Small Business

©iStock/scyther5 (This post is sponsored by:   True Partners Consulting ) Despite your best intentions, hard work, and diligent planning, sometimes your expansion into a new territory doesn’t quite go as expected. You might find yourself with an operational footprint in a country that doesn’t reflect your current business needs. Perhaps you’ve outgrown your initial business plan (great!), or you’re facing a merger, acquisition or joint venture opportunity? Or, maybe you need to wind down operations completely and exit the country. Whatever situation you’re facing, changing your operations on the ground in a foreign territory can often be more challenging than setting them up in the first place. There are many obligations and requirements that must be addressed, and they often have an impact on one another.  Here are four. 1.  Track your corporate footprint. The corporate footprint you established initially may not be right for your current business needs. Be sure to understand what you

©iStock/Rawpixel Ltd. How do you finance an international business?  Let me count the ways but this webinar, delivered by the famous Dr. Kati Suominen, covers nearly all your options and it's free.  Yes, you read that right.  Here's what you will learn: Export credit insurance: Getting paid from a foreign buyer Export working capital: Getting money to fulfill international orders Factoring: Getting advance payment for your foreign A/R Buyer finance: Finding money for your foreign buyer to buy from you Growth capital: Getting long-term debt or equity to scale production and international sales Go here to view the webinar . You can also access Kati’s accompanying PowerPoint here .