Think Your Business is Ready for Internationalization?
This document was originally published by Idaho Statesman in The Idaho Statesman. Copyright restrictions may apply.
Many small and medium-size enterprises that reach a relative saturation point in their domestic market look toward the global stage as a way to grow into a multinational corporation. This is known as internationalization, the process of increasing business involvement in international operations. Internationalization requires considerable resources and coordination, and it is fraught with business risks.