Are you thinking of expanding your small or mid-sized business overseas? Is this excitement overshadowed by the anxiety of not knowing how to begin? Do due diligence, local customs and procedures puzzle you on realizing this dream? Join Rick and Brandon to learn about the Italian Autostrada “culture” and how this helps you to expand internationally.
- Map our your preliminary work for your first visit
- Understand the US Foreign Corrupt Practices Act (FCPA)
- Hire an experienced attorney to investigate the intellectual property law in each country
- Look for early red flags of fraud
- Get help in hiring employees
- Hire international experts
- Go through the strategic planning steps for the international company and merge
- it with your domestic strategic plan
- Understand the currency risk and transfer-pricing regulations
- Check out the Small Business Administration site
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