Feb 16, 2014

shush, we're closed

Altough I'm still working on "how to select a new foreign destination for your international business", I recognize that a hot topic of this years is closing subsidiaries. The statistics on voluntary closures and liquidations are showing values almost equal or bigger than newly registered companies.

There's no doubt that many mistakes can be made during the decision-making process of opening new offices abroad. Insufficient or erroneous information can mislead the top management to believe there is business potential where there isn't actually any.