Business Expansion across countries primarily presents 3 challenges to business owners
We, at Goldfinn Technologies help businesses in tackling these business challenges on their way to business expansion in multiple countries.
Our precise sectoral data analysis for any given market and understanding of the local dynamics of a particular country helps our client to identify the Right Markets for the business. This is vital as it is important to factor in Entry Barriers, Competition and most importantly the need for the products / services of the client in a particular market.
Once the markets are identified, we help our clients decide on their overall business goals for the selected markets and fine tune their expectations for each market. The business strategy is then formed for each market in terms of the right partner, right vehicle for deployment and right distribution structure.
The most important way we help our client is to find them the right partner in the chosen markets who would represent the business / brand in the market and achieve the business goals of the client. This can be an importer, a distributor, a retail chain, country licensee or a master franchisee or even a JV partner or even a dependable supplier. We also help in identifying vendors and service providers essential for the client.
After identifying the right partner and for the period of the retainership, we continue monitoring the performance of the business and the partner so that necessary fine tuning and guidance can be done, all so that the business objectives of the client in that market is fulfilled and any course correction required is intimated to the client for necessary action. This may also include identifying of more partners in the market, if necessary.
