Entrepreneurs Case Study

If you are ready to start doing business on an international level, there are some considerations to keep in mind. These five tips will help to ensure a successful business venture in the global market.

Doing business overseas takes time and patience. It requires new relationships to be established; therefore, it is important to have an established business model that works according to plan. The most favorable markets are politically stable developed and developing nations with free market systems, low inflation, and low private sector dept. The less desirable markets are politically unstable developing nations with mixed or command economies or developing nations where speculative financial bubbles have led to excess borrowing.

-During discussion, the teacher will gauge how the students are following along with the “Shark Tank” Presentation.

I would advise Shania that an LLC would be the best form of business to accomplish her goals. Shania wants to open a Christian coffeehouse and already has a name in mind. Colorado LLC laws allow LLCs to be formed with one or more members, taxes them at a lower rate like partnerships and sole proprietorships, and provides the members with lower liability that protects them from the company’s debt (Scrofano, n.d.). This form of business will give Shania the ability to name her company what she wants and run it how she wants. The limited liability is also desirable.

1. The role of exports in small business growth and job creation hearing before the Committee on Small Business and Entrepreneurship, United States Senate, One Hundred Twelfth Congress, first session, August 11, 2011.. (2012). Washington: U.S. G.P.O.

Sometimes it is hard for people to start and operate a business in their own countries. It is sometimes advisable that these people should start thinking of launching their business in foreign countries. To start your international business, there are many methods that are available to an enterprise for opening a business in a foreign nation. Globalization has made expanding into foreign markets easier for huge corporations as well as small businesses. These methods include:

Many companies today want to expand their business to the international business, which can bring cost down and profits up. Taking a business internationally means knowing the rules and regulations of the countries you are entering. There can be many issues with going global which include cultural barriers, diversity issues, multicultural issues, political issues, and economical issues. It is very important to know how important expansion is to the company and what implications will come from going global.

- One who creates a new business in the face of risk and uncertainty for

If the Court fails to apply the PNA so that Respondent holds Petitioner's one-half shares in trust for her, it must divide the parties' interests in the business. It must consider expert opinion as to the community value assigned to community businesses. The expert's reports diverge greatly as to the businesses' community value primarily due to the issue of "tax affecting 8," a debated issue in the business valuation professional community for at least twenty years. Husband's expert reduces the businesses adjusted earnings by a fictional 40% tax rate (the old federal and state tax rate which will imminently be 20% when the current budget reconciliation process is complete), wife's expert does not. As discussed below, this difference in

Mike Tartakovsky raised concerns about unlimited data and minutes. The way calls are being made is changing to become more data dependent communications. The group believes data is going to be a bigger factor than minutes in the future, especially when One Drive is implemented. Robin explained that usage of data and minutes would be monitored closely and the ability to increase or decrease minutes or data is a component of the new contract. Under the new contract, device costs will contain a usage component and a support component which will be charged monthly by device. Stacy informed the group the MDM component will be added to the device costs. OCIO is still working through the details of how the funding will work. Working with

Peter Nicholson wishes to convert the factory in the north east to production of the electric taxi. Using data in Appendix C, Table 1, calculate payback period and the average rate of return.

Entering the global market can be challenging but there are certain methods for doing so. For a company to first begin entering into the world market it would start with exporting, this helps many small firms enter the foreign market (Durbin, 2012, pg.53). Also by making sure you get to correct licenses to operate your business in other locations, sometimes this would include fees and prior authorization. Such as if you owned franchises privately and wished to globalize to a country it wasn 't previously in you would need to make sure this is allowed. When you export you must label and make sure correct invoices are available for costumes to check, as well as making sure you are following all trade regulations. If a business is having

Companies need to follow the rule to playing the game in a foreign country. Furthermore, government is another part the CEO needs to think about it, some government will stop or against some products unless under their control. The most well-known examples will be the Facebook and Google in China. Google China was founded in 2005 as the google subsidiary corporation and shut down the service in 2010 by not cooperate with the Chinese government. In the main while, the Facebook CEO puts lots effort dealing with the Chinese government, but still unable to entry the Chinese market.

The elements that a company needs to have global success is knowing the culture of the countries that they are going to do business with and sending the right workers to the countries they will do best in to do business. The obstacles for global expansion would be like not finding good supporting countries like a company like boeing and now finding good staff that can do business in a certain country.

Increase Sales: - if a business succeeds in the US, going international will likely improve the overall revenue. Approximately 96% of the world’s population lives outside of the United State and 90% of the world’s population do not speak English, that suggest that customer is global and if a business has to look beyond the end of the domestic market, you have real upside potentials