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international business

Going International: 5 Tips for Meeting KYC Requirements

by / ⠀Entrepreneurship Funding Personal Finance Startup Advice Travel / December 28, 2013

Since the implementation of Know Your Customer (KYC) regulations, international business has been forever changed. Governments, banks, and businesses must comply with tightened security measures to combat money laundering, identity theft, and possible terrorist funding. Navigating different nations’ specific requirements can be tricky, but doing so will enable your business to expand. Here are five ways to manage the process: 1. Know Your World For many industries, following…

Respecting Other Cultures: Do Your Research Before an International Business Meeting

by / ⠀Entrepreneurship / December 3, 2013

When in Rome, do as the Romans do. If the Romans come to you, figure out what offends the Romans and avoid doing it. You’re in business. Business – first and foremost – is now and always has been about people connecting with other people. As the age of information shrinks the world smaller and smaller with every tweet and Facebook update from Boliva to Sudan, it is…

Business Abroad: What You Need to Know to Do Business in Australia

by / ⠀Entrepreneurship Travel / July 30, 2013

Different countries nurture different cultures, and business ethics also differs from one country to another. Going to Australia for a business trip may turn out to be a very enjoyable experience due to the amazing landscapes, colorful culture and most of all, friendly and warm-hearted people. Although Australia was founded as a British colony, their attitude toward both foreigners and each other is quite different from the British…

Why Not Start a Business in Canada?

by / ⠀Startup Advice / September 15, 2010

Igloos, accents and opportunities! Whether you’ve just launched a new start-up or have already turned a profit, as a young entrepreneur you are always on the look-out for new opportunities, markets, and people to sell your product or service to! Before the rise of the internet, social networks and mobile technology it would have been completely ridiculous to launch a new business internationally, but with the advancement of…

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