Kraken Business

Tag: overseas markets

  • Choose and manage a commercial agent

    —

    by

    Team Kraken

    in

    ,

    Commercial agents are intermediaries that sell your goods or services on your behalf in return for commission. Businesses usually appoint agents because they need their specialist help in reaching markets in a particular sector or geographical location. Agents can be particularly useful for new businesses that have yet to build up a substantial number of…

  • Doing business in another language

    —

    by

    Team Kraken

    in

    ,

    English is the international language of business. This helps UK businesses that want to expand into the European Economic Area (EEA). Even so, you may lose opportunities if you lack skills in the language of the EEA country you intend to do business in. Without a working knowledge of the country’s language, you may find…

  • Preparing to export

    —

    by

    Team Kraken

    in

    ,

    Exporting can extend your market, boost your turnover and prevent you having too great a dependence on your UK-based customers. But it isn’t always an easy option. Starting to export poses a whole new set of challenges, from identifying promising markets and customers to ensuring that you can fulfil your export contracts. Developing new export markets…

  • Entering overseas markets

    —

    by

    Team Kraken

    in

    ,

    It’s essential to research overseas markets before you start to market, promote and sell your product or service within them. By thoroughly researching your potential customers, competitors and the trading environment in each overseas market you will greatly increase your chance of success. You should also investigate practical issues such as route to market, logistics,…