The world as we know it today continues to become increasingly more connected, globalized, and internationalized.
Businesses from all around the world are looking for prime opportunities for expansion, and they’re willing to take risks to exploit new markets and make their services or products known elsewhere in the world. Even in the wake of the COVID- 19 pandemic, it’s clear that businesses have their eyes set on expanding internationally. After all, with so much opportunity in new and emerging markets across nearly every continent, it would seem unwise for a business to completely rule out expanding internationally.
When it’s time to expand, it’s important to do it the right way. For many businesses, they go the route of formally incorporating in a foreign country or sending their domestic employees abroad for overseas assignments. And while those might seem like the “right way,” those actions often come with tremendous challenges and financial liabilities that might not be in your company’s best interest over the long haul.
Other companies recognize the benefits that a Global PEO like Global Expansion can offer them and choose to work with true international business professionals who can make the transition overseas virtually seamless.
Today, the digital currency revolution is alive and well. In recent months, Bitcoin has surged to its highest value yet, and the blockchain technology upon which cryptocurrency transactions are built has expanded, grown, and become much more mainstream across a variety of applications. Not only that, but companies are beginning to invest in cryptocurrency and blockchain technologies, developing new solutions and services to make these exciting developments more mainstream domestically and abroad.