answersLogoWhite

0


Best Answer
Starting an International BusinessBefore starting any business, you first need to find out if there is a market for the products and/or services that you intend to offer. So you will need to perform a feasibility study or conduct market research to determine the marketplace need. If you deem that the project is viable, you might consider finding a partner to start the international business with such as a foreign distributor or manufacturer's rep. There is also the option of moving to the country that you intend to do business in. Check with proper agencies for legal and licensing requirements. When you write your business plan, you should prepare a list of start-up expenses and capital requirements. This will give you some insight as to how much you should have saved up before starting the business. AnswerInclude in your feasibilty study the perfect investment for your communication system. Since you are going to put up business abroad, you should have total control over your communication lines. This will give you easy access to your remote offices.
User Avatar

Wiki User

โˆ™ 2010-04-03 02:47:05
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: How to start your own business abroad and how much money would be required?
Write your answer...
Submit
Related questions

How much minimum money is required to start a stationery business?

about £10000


How much money is needed to start a phlebotomy mobile business?

You can estimate the capital required to start your mobile business by creating a detailed cash flow statement.


What is the money needed to start a business called?

The money needed to start a business is called "capital".


How much money is required to start a check cashing business?

If the business is a franchise, you'll have franchising fees. You will also have state fees for establishing the business. A comprehensive and detailed cash flow statement will tell you the answer.


Where did Michael Dell get the money to start his business?

he asked his parents for $1000 to start his business


Why does a business owner start a business?

To make more money


What is the money used to start improve or run a business called?

The money used to start a business and keep it running is also called capital. Start-up money is sometimes called "seed money" or an investment.


Is a business analyst required to start a new business?

A business analyst might be helpful to your starting business and in helping you determine your direction, however, they are not needed for the start of a new business.


What is the role of capital in business?

it's the money that you need to start the business.


What kind of licenses is required for a web designer?

There are no license required to be a web designer. If you would like to start a business, you will need to get a business license.


What is the money you start a business with called?

Where do i find Start-up Capital


What legal formalities are required to start a sole proprietorship?

Other than the various local and state business licenses that every business must purchase regardless of type of ownership, no legal formalities are required to start or operate the business.


What is a person who risks time effort and money to start and operate a business?

A person who risks time, effort, and money to start and operate a business is called an entrepreneur.


Where can one discover how to start a business with no money?

One can discover how to start a business with no money by reading a "get rich quick" book. These books and other business books are available at most local libraries.


What are the essential features of business?

it is to make money and if you wanna start your business you can start from resell something at: http://www.intertrademart.com/


How old do you need to be to start a business?

It's doesn't matter how old you are, you have enough money, place and a good business plan to start a business.


How do you start a business with no money?

By finding investors. Where are these investors


How hard is it to start a business in cuba?

easy if you have money


What should you do to make money?

Start a business or get a job.


Is it good to start a business or be employed?

It's good to be employed and to start a business but you should probably be employed first to learn how to run a business and then you have to have the money to invest in a business.


What makes people start a business?

The desire to earn profit, grow their money and investments are the causes of people to start a business.


What is a great investment to make a lot of money?

some thing that cant fail before to start any business people think it first that if he invest money in any kind of business, can it successful and give lot of money? after think this then he can start the business.


How you start a new business?

Make some money first and think what business you'll do.


How much money you need to start a business?

The amount of money an individual needs to start a business depends on the size and type of business the individual wants to create. Advice on this is available from a local bank or a consulting firm.


How can an 18 year old start a business with no money or credit?

first you must find a good business idea, then you can find a person who has money to invest in your business.