It becomes more critical than ever to have a solid plan for success in place when you're approaching an investor who has to trust you with his money from across the globe.
Las Vegas, Nevada (PRWEB) November 18, 2013
This will be a boon for businesses looking to sell their products overseas, but it adds another level of necessary planning, said Joseph Ferriolo, director of industry leader Wise Business Plans.
"The SBA held roundtable discussions throughout the month of September aimed at allowing small business owners to voice their concerns and experiences in doing business with the EU," said Ferriolo. "That's great news, and it will hopefully open the door to stronger relationships between companies on both sides of the ocean. However, like any piece of the business puzzle, exporting requires precision planning."
Branching into a new market -- especially a foreign market -- brings with it unique business requirements, he said.
"We arm our clients with meticulous research on the markets they plan to thrive in, even if they work in a city they've lived in all their lives. That kind of research is even more vital when you're talking about selling to an entirely different culture."
According to SBA.gov, the roundtables were commissioned by the Office of the United States Trade Representative and were intended to uncover trade barriers that affect U.S. small business exporters.
"This may also pave the way toward overseas investors for some small and expanding companies," said Ferriolo. "It becomes more critical than ever to have a solid plan for success in place when you're approaching an investor who has to trust you with his money from across the globe."
Ferriolo said Wise has business plan models that not only fit every budget but meet each company's very unique needs.
"If you're looking to get an SBA loan, we have a product for that. And if you're hoping to export to the EU -- or anywhre else -- we can help you plan for that, too."
"Our plans are as individual as our clients. We do business all over the world, and with a little help from Wise and the SBA, you can, too."
To learn more about The SBA Plan, a Wise Business product specifically crafted for those seeking SBA funding, visit TheSBAPlan.com.
Wise Business Plans (http://www.wisebusinessplans.com), staffed with professional MBA writers, researchers and financial experts, is a trusted partner for businesses across a broad spectrum of products and services. Our mission is to empower our clients to make the best possible business decisions, boost company performance and facilitate their funding success by laying the groundwork for strong businesses that excite, inspire and retain talented and exceptional employees.