There is no one size fits all approach to going overseas. Much depends on the risk appetite, of the firm. SMEs considering going overseas can consider exporting, licensing, franchising, joint ventures, acquisition or green-field operations. Each of these options carry benefits and risks.
Venturing overseas carry a fair amount of risks and rewards. SMEs planning to go overseas are advised to have a partner or guide that understands the market and can help the SME navigate through the treacherous grounds.
Answered by Dr Patrick Tan on 13 Jun 2019 17:05