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The different ways to enter overseas markets
An overview of your options for entering overseas markets.
Advantages and disadvantages of opening an overseas operation
A local office, subsidiary company or joint venture offers great flexibility.
Advantages and disadvantages of using an overseas agent
An overseas sales agent can be a low-cost option, but you need to choose carefully.
Advantages and disadvantages of using an overseas distributor
Distributors take on many of the risks and burdens of trading overseas, but they expect heavy discounts in return.
Finding and contracting with overseas agents and distributors
Make a shortlist of intermediaries and compare what they can offer you and how well each is run.
Types of risk your business faces
Understand the main types of business risk - what they mean and how they can affect your business
Strategic risk
What is strategic risk management and how to identify and mitigate strategic risks in your business
Financial risk
Understand the main types of financial risks to your business and find ways to mitigate and reduce them
Evaluate business risks
Risk evaluation helps you determine the importance of each risk to the business and decide whether to take action
Prevent and reduce business risk
Reducing risk to business involves putting in place processes and methods to deal with the consequences of an adverse event
Strategies to help you manage business risk
Common strategies for treating the risks to your business are avoidance, acceptance, sharing, reduction and elimination
Business risk insurance
What is risk protection insurance and how to insure your business against financial losses associated with business risks
Decide your approach to importing
Keeping importing simple by dealing with experienced exporters in developed countries and using agents
Contacting the National Clearance Hub
Contact details for the National Clearance Hub
Key elements of strategic planning
Understand the essential questions that you should consider as part of your strategic planning process
Steps in the strategic planning process
Overview of strategic planning and management, and the importance of involving different levels of staff in the process
Types of strategic planning models
Using strategic models, such as Five Forces, SWOT or PESTLE analysis, can help you assess threats and opportunities facing your business
Business growth: market research
Use market research to drive business growth and innovation and to stay ahead of the competition
Business growth strategy and planning
Maximise the chances of business growth success by carefully planning your growth strategy
Business growth: cashflow management
Cashflow issues are common in growing businesses - here's how to control working capital and manage finances for growth