GSP Insights

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International Expansions PDF Print E-mail

Moving into new markets overseas presents a real challenge for any business. So securing the right support and advice along the way is essential  for your success. Drawing on the expertise of its associates and organisations overseas, GSP insights can help you evaluate whether your company is ready to make such a move; organise a fact finding mission for you; conduct a feasibility study and, when you have decided that an overseas expansion is a sound business proposition, we can work with your management team and staff to develop and execute an Implementation Plan. We can even prepare your organisation and key staff for doing business in the target country/countries through tailor-made international trade and inter-cultural communications training.

Our services include:

  • Project validation
  • Feasibility studies
  • Organisation of fact finding visits
  • Arrangement of meetings with potential business partners, government officials and professional experts
  • Business plans
  • Implementation Plans
  • Training in International Trade
  • Cultural Training
  • Development of marketing strategies
  • Preparation of marketing and promotional materials
  • Translation services
  • Negotiation support

Please contact us by email international@gspinsights.com  

COUNTRY, SECTORAL AND MARKET RESEARCH/ANALYSIS

GSP insights can conduct a thorough investigation of the target market and research sales/investment opportunities in selected markets.

FEASIBILITY STUDIES

Our feasibility studies consider technical feasibility (legal, fiscal and regulatory issues, cultural factors, your company and its ability to enter a new market); market feasibility (analysis of the target market; competitor analysis; PESTEL analysis) and the financial feasibility (Financing needs; Subsidies, Grants, Tax Deferral/Exemption Opportunities).

FACT FINDING VISITS

GSP insights can assist with any or all of the following:

  • Identification, review and selection of prospective partners, customers, importers, distributors, agents, joint-venture partners, suppliers, buyers etc.
  • Preparation of detailed profiles of companies operating in the target market
  • Meetings set up
  • All travel arrangements
  • Design and production of mission-related documents such as mission brochure/website with participant profiles, posters, adverts, welcome packages etc
  • Practical on-site support: interpreters, car rental or drivers, support personnel

BUSINESS PLANS

If you need to apply for financing for your overseas expansion GSP insights can prepare the business plan for you either based on your own research and analysis or we can provide a full business plan service.


IMPLEMENTATION PLANS

An Implementation Plan shouldidentify and address all the items to be actionned for a successful installation in your chosen country such as:

  • Chart of actions to be taken and their sequence
  • Criteria for location selection
  • Structure and format of your foreign presence (Partnership, Joint Venture, acquisition)
  • Finance and accounting context
  • Marketing and sales considerations
  • Legal and regulatory environment
  • Intellectual property considerations
  • Subsidies, grants, tax deferral or exemption opportunities
  • Marketing strategies
  • Staffing requirements
  • Human resource considerations
  • Cultural considerations
  • Cultural training programme for head office staff

STRATEGY IMPLEMENTATION

Once your Implementation Plan has been developed, GSP insights can provide the following services to assist in its implementation:

  • Cultural preparation of your staff
  • Translation of documents and correspondence
  • Production of business cards and brochures
  • Travel arrangements
  • Identification and evaluation of potential business partners
  • Liaison with local authorities
  • Communications with potential partners or agents
  • Analysis of target companies
  • Site selection
  • Leasing or buying land in with investigation of land use rights
  • Utilities for your office or plant such as electricity, gas, water, waste disposal, road access, telecommunications
  • Research into financing options, subsidies and tax write-offs for various locations
  • Registration of your business presence
  • Registration of trade marks and intellectual property
  • Selection of legal and accounting specialists

CULTURAL AND INTERNATIONAL TRADE TRAINING

To ensure the success of your international expansion GSP insights is able to offer the following training courses through our association with one of the foremost trainer in international trade:

  • International Trade Training at your offices to ensure that your key people have an understanding of the key issues that need to be addressed in the development and implementation of your strategy.
  • Cultural Training so that your staff understand the differences in business and social practices between your country and the target country.
  • Interpersonal Communication Training sessions for thoser staff who will be representing your organization. This will increase their effectiveness in dealing with business partners and officials in your target country. Training covers: Non-Verbal Communication and Body Language; Presentation and Speaking Skills; Business Etiquette and Social Skills 

NEGOTIATION SUPPORT

GSP insights is able to offer negotiation training through its association with specialist companies as well as support in your business negotiations.