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    When should a firm consider expanding from strictly domestic trade to international trade?

    0  Views: 4480 Answers: 1 Posted: 14 years ago

    1 Answer

    First you need to know if your product is saleable internationally. It may not be legal in some countries, and every continent or country has their own product safety standards. Some countries require a sales office and/or manufacturing facility in their country in order to sell. The best thing to do is find an international marketing consultant and present your product and which country(s) you want to sell to. This person will be invaluable in expanding your business internationally. Make sure you get references.


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