AffordabilityInternational business means more costs, including travel, customs, phone calls and office space if you plan to offer an oversees office. (For most companies, the biggest difference in costs between having an international or domestic business is shipping). Don't forget to include the hidden costs involved with shipping overseas, such as hiring a freight forwarder and purchasing overseas shipping insurance. Further, overseas buyers might ask for long periods of credit extension, leaving you with cash flow issues unless you prepare for them. Develop a list of all the costs your international business venture will incur, and measure them against the potential gains.
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(For most companies, the biggest difference in costs between having an international or domestic business is shipping).