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Exporting is a big step. If you are thinking of taking it -- or better yet, long before -- assess the likelihood of success.
Of course, a serious assessment takes time and requires expert advice. But here is a ten-question yes-or-no test, adapted from Export.gov. Considering these questions can help you start to figure out whether your business is ready to conquer a new corner of the world.
If all of the above makes export sound daunting, do not be alarmed. Taking your business abroad is a big deal and should not be undertaken lightly, nor could it be, even if that were advisable.
You will need the advice of attorneys on how to proceed with everything abroad. From advertising to zoning, your business will be facing a whole new set of regulations to follow, as well as the additional reporting requirements at home created by the new venture.
Consult with a commercial lawyer to get started. Together, one step at a time, you can take your business abroad.
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