When another business doesn't fulfill contractual obligations to your company, it can lead to operational headaches and financial losses. The longer such contract disputes last, the more of an impact they may have on your company. You obviously cannot control what...
Will your business need multi-lingual contracts?
The vast majority of business contracts written in the United States are simply written in English. If you're thinking of branching out and working overseas, though, you need to consider the fact that partnering with international companies means connecting with those...
Challenges you need to consider with an international expansion
You started your company as a domestic business, but now you want to expand and take it overseas. You think that there is a big market for your products and services that is not being met, and you want to reach out to more than just an American audience. If you're...
What is the Federal Corrupt Practices Act?
The Foreign Corrupt Practices Act (FCPA) is a federal law that went into effect here in the United States in 1977. This piece of legislation makes it illegal for anyone to bribe a foreign official to retain or obtain any business. This law has applications far beyond...
How can a hashtag influence the law?
Employers often struggle with questions about how to provide a safe workplace environment. This is especially true in hotels, where mainly female housekeepers must enter rooms alone to clean, not knowing what, or who, awaits their passage through a locked door.The...
Start an international business where entry is easy
You already run a successful domestic business. You want to take things to the international level and expand your success. Where should you begin? You have a lot of things to consider. Market demand is perhaps the primary concern. Try to identify a country where...
Cultural differences and international business
If you have a successful domestic company and you're thinking about branching out into international business, one thing that you want to keep in mind is that you could run into some significant cultural differences. It does depend on what industry you work in and...