Strategy to expand overseas
It is important to develop a localized strategy and business plan that drives local success while remaining integrated with the overall corporate strategy and objectives.
Define short-, medium-, and long-term strategy. Set reasonable goals to measure progress and cost/benefits.
Define goals, objectives, and success metrics.
Complete the business model and structure. Decide if you set up a separate company, a branch, or a sales office.
Develop a top-down annual budget.
Develop a tactical project plan with commit dates.