Fill in the blank: When considering expanding a business internationally, the best place to start is to__________?
- use online tools to help you understand where there’s a strong demand for your products
- move the whole business to that country
- replicate your current business in as many countries as possible
- buy new domains for the country
Explanation:
When considering expanding a business internationally, the best place to start is to use online tools to help you understand where there’s a strong demand for your products. This will help you identify which countries are most likely to be profitable for your business and which ones may not be worth pursuing. Once you have identified these countries, you can then begin to develop a strategy for entering those markets and growing your business internationally.