Business Expansion into a New Region or Country Business expansion sounds excellent, but is like venturing into new waters yet an inexperienced swimmer. It is a good move to do a market expansion but you should approach it with caution. Since you’re a new kid on the block, for you to be successful you need to follow the procedure of business expansion keenly.Improve you MBA resume content, language and structure to maximize your first impression through our MBA Resume Editing Service. The following key steps outline the basic consideration for a business that decided to expand its operations in a new country or region. 1. Setting a business plan and strategies Identification of potential market for your business starts from clearly determining niche market. There are a few major factors that one should consider before deciding on establishment in a new place, demographics, age factor, political factor and geographical location. Read more…