Articles by Wes
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Here's how you can expand your business globally as an executive in Entrepreneurship.
When expanding your business. Lean on local legal and tax experts to navigate these complexities and protect your business. Get your current advisers to speak to these new experts. This helps to ensure any cross-border tax, IP and legal requirements in the country you are expanding to are aligned with your local market. So for example, a common issue may well be Transfer Pricing and the inter-company issues that need to be assessed even before you expand. By taking a proactive approach and you'll best placed to expand successfully and stay on top of international compliance.
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Here's how you can expand your business globally as an executive in Entrepreneurship.
Define your benchmarks for success in advance. Adjust your product features and pricing strategies to align with local expectations and needs. Be prepared to pivot or pull back if the signals aren’t favourable. Continuously monitor your progress and never drop the ball on your current strengths as that it what got you to the position you are now.
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Here's how you can expand your business globally as an executive in Entrepreneurship.
Before market research, assess whether you are ready to expand. Founders can get caught up by the opportunity of growth, but from my experience, you have to be well-established or expand very early on. On market research, it's valuable to spend time on getting feet on ground. If you can local experience of what it's like actually in the market, and you spend time with people and businesses that's all useful data. This can validate your research or move it towards a more informed direction.
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🥈 𝐖𝐞’𝐫𝐞 𝐜𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐚 𝐒𝐢𝐥𝐯𝐞𝐫 𝐌𝐞𝐝𝐚𝐥 𝐚𝐭 𝐭𝐡𝐞 𝐋𝐨𝐧𝐝𝐨𝐧 𝐒𝐩𝐢𝐫𝐢𝐭𝐬 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧! Sahara was awarded an…
🥈 𝐖𝐞’𝐫𝐞 𝐜𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐚 𝐒𝐢𝐥𝐯𝐞𝐫 𝐌𝐞𝐝𝐚𝐥 𝐚𝐭 𝐭𝐡𝐞 𝐋𝐨𝐧𝐝𝐨𝐧 𝐒𝐩𝐢𝐫𝐢𝐭𝐬 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧! Sahara was awarded an…
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Although I’d love for my CV to look like the new Nike CEO’s, we all have our own path, right? 🍃 After 10 years of what I fondly call "failing…
Although I’d love for my CV to look like the new Nike CEO’s, we all have our own path, right? 🍃 After 10 years of what I fondly call "failing…
Liked by Wes Rashid
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I might have been in tax for a very long time, but applying for my first Practising Certificate feels like some major adulting! Things just got…
I might have been in tax for a very long time, but applying for my first Practising Certificate feels like some major adulting! Things just got…
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This month, we shine a light on The Berkeley! ✨ In an intimate conversation with Degraft Osei Kwame Jnr, we delve into how the venue’s legacy…
This month, we shine a light on The Berkeley! ✨ In an intimate conversation with Degraft Osei Kwame Jnr, we delve into how the venue’s legacy…
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2024 has been a year of challenges, learning, and incredible growth. XO is more than just a business — it’s a mission rooted in personal experiences…
2024 has been a year of challenges, learning, and incredible growth. XO is more than just a business — it’s a mission rooted in personal experiences…
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My book HOW TO DEVELOP AND LAUNCH A DRINK BRAND is now available on Spotify to listen to, it is only a hour long but after 180 brands and 16 years in…
My book HOW TO DEVELOP AND LAUNCH A DRINK BRAND is now available on Spotify to listen to, it is only a hour long but after 180 brands and 16 years in…
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Branded Easter Eggs at the ready. Chat to me or our brilliant corporate gifting partners over at Needi Steph Scholes 🐰🥚🌸 #CorporateEasterGifts…
Branded Easter Eggs at the ready. Chat to me or our brilliant corporate gifting partners over at Needi Steph Scholes 🐰🥚🌸 #CorporateEasterGifts…
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There's a reason why we haven't taken on any more members since October...👇 We're not about growth at all costs. We are about member quality. When…
There's a reason why we haven't taken on any more members since October...👇 We're not about growth at all costs. We are about member quality. When…
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This little gem just snagged the Best Short award at the Venice Film Festival! This illustrates the genuine happenings of the present day
This little gem just snagged the Best Short award at the Venice Film Festival! This illustrates the genuine happenings of the present day
Liked by Wes Rashid
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With EPR coming into effect, we've created a genuine solution... EPR will affect heavy glass bottles, with the end consumer ultimately paying the…
With EPR coming into effect, we've created a genuine solution... EPR will affect heavy glass bottles, with the end consumer ultimately paying the…
Liked by Wes Rashid
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How I audit a tech co's marketing: First, I look at: - How you're finding customers (what's profitable vs what's burning cash) - Your message (are…
How I audit a tech co's marketing: First, I look at: - How you're finding customers (what's profitable vs what's burning cash) - Your message (are…
Liked by Wes Rashid
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Let’s take a moment to appreciate just how stunning (and delicious) our Spicy Watermelon Margarita looks at Radio Rooftop in London. 🍉🌶️ Crafted…
Let’s take a moment to appreciate just how stunning (and delicious) our Spicy Watermelon Margarita looks at Radio Rooftop in London. 🍉🌶️ Crafted…
Liked by Wes Rashid
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