Benefits of International Business - Even Small Businesses Can Profit

What are the benefits of international business? All you have to do to find the answer to this question is to see what smart investors do on Wall Street. They develop a portfolio that includes international stocks in order to hedge their losses if prices go down in the U.S., and to bolster their chances of gaining lucrative returns from a variety of sources. If you are a small business owner and have a product or a service that has relevancy outside of the United States you may be able to expand your reach into other markets where the shipping costs and taxes are not exorbitantly high. The question is how does someone living, for example, in Great Britain or Germany find out about you? Here are some tips that you should consider following.

In the first place, you will need to have a website that contains what are called "keywords" or "keyword phrases" that people use when searching for certain items. Having a website online without any of these phrases in your text or domain name will serve you poorly when it comes to driving traffic to your site. You can learn how to use online marketing techniques, however, to greatly enhance your visibility factor online, and to use social media to create a promotional campaign that can eventually garner you untold thousands of dollars in profit.

The benefits of international business are yours for the taking, but only if you create a plan for it. Take some time to learn online marketing and social media techniques, and not only can you expand your reach oversees but you can increase your profits at home.

Benefits of International Business - Even Small Businesses Can Profit

Benefits of International Business - Even Small Businesses Can Profit
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Royale Business Club - Review and How Will You Make Money With It

You will find in this article the truth if Royale Business is a scam and whether you can make money with this business opportunity. If you are a Royale Business Club affiliate, you are going to learn how to generate leads and prospects for your Royale Business using online marketing strategies. Read on and find out more about the "Royale Business Club Scam."

Royale Business Club International as a Company

Royale Business Club International Incorporated or simply known as Royale Business Club was established in early 2006 by its founder, Mr. Ricardo S. Castañeda, a Filipino entrepreneur, 7 Eleven franchisee and owner of Laffline, Punchline and Metrobar Comedy Bars located in Manila. It is a 100% Filipino-owned company based in the Philippines. This company promotes health and wellness products, micro-businesses and food and non-food franchises, and business options for their members. Most of their health and wellness products can be purchased with up to a 50% discounted price when you become a member but what caught my attention is their food and non-food franchising. As of date, they have over 900 franchisees nationwide and growing. This alone has a potential to sponsor people who are not interested in network marketing but prefer traditional business.

Royale Business Club - Review and How Will You Make Money With It

In August of 2007, it has been made the official micro-franchise service provider of the National Reintegration Center for OFWs (NRCO), a branch of the Department of Labor and Employment (DOLE) of the Philippines.That alone added up to the company's credibility and set them apart from its competitors. It has branches all over the Philippines with its headquarters located in Quezon City.

Royale Business Club as a Business Opportunity

Royale Business has over 6 ways to earn if you become a member. To give you a basic idea, these are through direct selling, uni-level, franchising, becoming a mobile stockist, leveraging (e.g. team match sales bonus) and incentives(e.g. profit sharing program). To get more details, you can go to any of their branches near you, go to their official website or contact any Royale Business Club Int'l member you know.

Royale is a very awesome opportunity but you need to start getting distributors under you to profit from it, and this is where 97% of network marketers fail - they run out of leads and people to talk to to kickstart their business.

So to answer the question whether Royale is legit or a scam - it is 100% NOT A SCAM. It is mostly the people who fail miserably in the business who claim this company is a joke that only steal away people's money.

How to Build Your Downlines

If you are a member, there is a better way for you to market your network marketing business that does not involve chasing people/prospects. It's called attraction marketing. Promoting your MLM business comes down to how, who and where you're marketing to...To give you a clearer picture, people don't join the business, they join you. You have to understand that network marketing is a business of building relationships and the best way to build trust with your prospects and downlines is to become a person of value, someone people will look up to. In short, you have to become a leader. If you don't have a leader mentality, you have to re-think about getting into network marketing.

I hope this Royale Business Club Scam Review has helped you clarify what this company offers and whether it is the right business for you. You have to understand that the company does not matter once you become a leader. Once you have mastered marketing, you can join any network marketing business that you want to and you can make money from it regardless of which company you've partnered with.

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Struggling in Getting Royale Business Club Signups? Get Access To The Step-By-Step Blueprint The Top Royale Business Earners Are Using To Dominate The Leaderboards.

Arvin Jay Basilio is a part time financial consultant and online marketing success coach. His goal is to empower people to take financial control of their own lives and achieve the success they desire. He also runs an online business following the laws of attraction marketing, and spends much of his time coaching others to achieve similar success.

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The Importance of English in International Business

The major factor involved in the importance of English in international business is the acceptance of English as the international language of the business community for the purpose of uniformity in communication. Accepting English eliminates the need to explore an alternative language. If not English, then what language works better for the international business community?

English as an International Language

Perspective of English as Global Communication

The Importance of English in International Business

If English as a global language "means that English has the widest distribution on the most continents, it is true. If it means that English is the language most utilized for international communication between and among language communities, it is true. But if it implies that English is the language of all the peoples of the globe, it is manifestly false" (Harris, 2001, 685). What may be good for the functionality of business may not be accepted as being good for the non-business community. With any new project or venture, research and development of the product or service should be done so that words used to communicate with the new market are not received with offense. Be sensitive and respectful concerning the decisions made in regard to the ways communication is used and worded.

Perspective of English as Learned Communication

"It is crucial that students are equipped with-and be aware of-both the linguistic and strategic repertoire that they can draw from in situations where they use English to communicate with those who do not share their first language and culture. In addition to the development of strategic competence, students also need to be reminded that communication is a two-way road. That is, making one's own message clear and trying to understand others is not the sole responsibility of non-native speakers or speakers of 'less standard' English varieties (however that is defined). Everyone is responsible for overall successful communication, whether it is international or not" (Matsuda and Friedrich, 2011, 340). Be mindful that words can have different meanings in different parts of the same country. Therefore, having words that have different meaning in different parts of the world is a reasonable possibility. There can also be different versions of English in different locations. Business English could also be different from the native English of an English-speaking country. Do not assume; technology has been made available to know for sure what is involved in any given business project or transaction.

English in International Business Communication

"In thinking about the impact of English on international business, there will be two effects: the intra-language effect and the inter-language effect. The intra-language effect would relate to the impact that English has in stimulating international business activity between English-speaking countries" (Hejazi and Ma, 2011, 153). If the native English of each of the two countries is slightly different, it still could have the feel of dealing with a non-English speaking country if time is not spent coming to an agreement defining business English. Business professionals new to a market will benefit by finding out how things work and use the same language the other market stakeholders are using.

"The inter-language, commonly referred to as "lingua franca", effect refers to the impact English would have on stimulating FDI activities between countries which have different official languages. The inter-language effect would have two dimensions: the first involves the use of English by a non-English-speaking country when carrying out international business with English-speaking countries; the second involves the situation in which English is used as a vehicle language between two non-English-speaking countries that use different official languages" (Hejazi and Ma, 2011, 153). Even though cooperation in using English in both cases may result in positive benefits for the countries involved, sensitivity in communication should be exercised to avoid miscommunication that may offend members of the markets involved. Good judgment with word choice is very important.

Conclusion

The importance of English in international business will depend on the purpose of the communication for which English is involved. Since the importance of English will vary depending on whether its use helps to complete business transactions, the deciding factor will depend of the opinion of the users concerning that fact. The success of communication in business will involve other factors. The more English works in communication for international business, the more it will be used. It will then be used because it is used by the people for whom businesses want to communicate.

References

Harris, C.D. (2001, October). English as International Language in Geography: Development and Limitation. The Geographical Review, 91, 4, 675-689.

Hejazi, W. and Ma, J. (2011). Gravity, the English language and international business. The Multinational Business Review, 19, 2, 152-167.

Matsuda, A. and Friedrich, P. (2011). English as an international language: a curriculum blueprint. World Englishes, 30, 3, 332-344.

The Importance of English in International Business
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Luchrista Cobb from Achieve Results LLC. Visit at http://luchristacobb.webs.com to see examples of published writing under the Resources tab by clicking the available links.

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International Business Risks Or Risks of Doing Business Overseas

Anytime businesses decide to operate or expand internationally, they face certain and specific risks. These international business risks can be determined by a number of different factors including country history, cultural values, mores, geographical traits and of course legal precedents of chosen international location. The company or firm must consider all of these factors before making a solid and final decision to move abroad. The firm must always keep in mind their competitive advantage at home and compare that standing prior to entering the international business realm. They must keep in mind that risks are always relative to the size and stability of the firm's competitive advantage.

Basically, there are six primary international business risks which are most often faced by firms considering entering the international business realm. Again, they are always tied closely to the firm's competitive advantage. A firm's competitive advantage is broken by "type", "scope", "transferability", and finally "translate-ability". All of these factors break into degrees of low risk to high risk and must always be considered in the plan.

When doing this risk analysis, S.L.E.P.T. comes in very handy. SLEPT stands for Social, Legal, Economic, Political, and Technological. In this case, the firm would have to look at the inherent risks in the firm being a wholly owned operation, a joint venture, a franchise, licensing issues, and export ability. On the other side of the coin, they would also need to look at marker risks, ownership risks, intellectual property risks, currency risks, and finally political risks.

International Business Risks Or Risks of Doing Business Overseas

I've decided to break this international business risks post into separate posts in a series to make it easier to follow and to make it more concise and to the point. You can click on my author link and find the rest of the posts in the series which will include all factors discussed in greater detail. They will include everything from political risks of corruption, unstable institutions, and red-tape. I will also be looking at currency risks, intellectual property risks, ownership risks, and finally market risks and all that they involve.

In the end it should be understood that these risks are not the only risks that a firm may face when considering, expanding, and beginning to do business internationally. There are certainly other risks that absolutely must be analyzed by the firm. The firm must be extremely thorough in doing their due diligence analysis before entering any country with the intent of establishing themselves there. Before making any major and "life-altering" decisions, the company must understand the amount of risk that is currently and already present there, and most importantly, how much of that inherent risk is the firm willing to take upon it and assume.

In closing I would like to simply state possibly the obvious but some that needs to be stated and restated many times so that it's importance really sinks in. And that simply that deciding to enter a country is always a very, very serious decision that can and will make or break a firm and so it's imperative that the decision makers do not skimp on the analysis involved. Due diligence is of utmost importance here.

International Business Risks Or Risks of Doing Business Overseas
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Vitaliy Dadalyan operates http://WestminsterCollegeBlog.com an interactive portal designed with the professional business person in mind. It's intended to be a free, unifying resource for students and everyone else serious about expanding their business knowledge base. Visitors are welcome to post, comment, and generally contribute to the site which is run by a student of Westminster College in Salt Lake City, Utah.

Visit Westminster College Blog it's free, it's useful, and you'll likely learn something new.

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International Trade With Mexico - One Of The Most Trade Friendly Countries In The World

Since the implementation of NAFTA (North American Free Trade Agreement) in 1994, trade between Mexico, the United States, and Canada has tripled.

Mexico is considered the 12th largest economy in the world. Approximately 90% of Mexican trade is operating under free trade agreements with over 30 countries. Today, almost 90% of Mexican exports enter the United States and Canada and approximately 65% of its imports come from these two countries. (Statistics and details referenced from Wikipedia.com)

Mexico is one of the most trade friendly countries around the world. Listed here are some of the regions and countries engaged in free trade agreements with Mexico:

International Trade With Mexico - One Of The Most Trade Friendly Countries In The World

The European Union, Israel, Columbia, Venezuela, Bolivia, Costa Rica, Nicaragua, Chile, El Salvador, Guatemala, Honduras, Argentina, Brazil, Uruguay, Paraguay, Iceland, Liechtenstein, Norway, Switzerland, and Japan.

Mexico imports primarily from the USA and China. This offers excellent export opportunities for companies in the USA interested in locating new markets for food, beverage, textile, clothing, and other consumer durables products (automobiles, appliances, furniture, and electronics).

In 2000, the 31 states of Mexico represented the economic position of what China is today; a low-cost manufacturing capital for high-volume product production. Much like other countries, most of that manufacturing has now moved to China. The niche for Mexico today has changed to a center for manufacturing low to medium volume products with high complexity and size, such as medical equipment, network communications, and automotive/aviation components (data and statistics adapted from Wikipedia.com)

Mexico is not the lowest cost country for production (at least four times higher for labor than China). However, the offset in delivery wait time, lower shipping costs, and the ability for North American business people to speak with production facilities in the same time zone, is very favorable.

Benefits to trade with Mexico:

Mexico is actively developing and utilizing secured intellectual property laws to protect highly sophisticated projects outsourced for production in Mexico. Working with Mexico presents fewer hidden costs (lower shipping costs, minimal inbound duty payments). Delivery wait time is generally lower than China. Many English speaking representatives exist on site or work in USA based subsidiaries (many Mexican products are warehoused in USA facilities). Culturally, Mexicans are open and honest business people. However, much like the Chinese culture, Mexicans avoid directly saying "no". They often see the word as direct and pushy. More often than not, a "no" can mean "maybe" or "later". Keep this in mind when negotiating contract terms or requesting certain capabilities from suppliers and factories. (adapted from executiveplant.com, Mexican business etiquette).
Some of Mexico's highest commodity imports: computer accessories, passenger cars (new and used), semiconductors, engine parts, and plastics. (Compiled from the US census bureau trade division)

Some of Mexico's highest commodity exports: computers, apparel and household goods, passenger cars, video equipment, and wine & related products. (Compiled from the US census bureau trade division)

With Mexico's high tech capabilities, reasonably low labor rates, and its free trade status with over 30 countries, Mexico is an excellent partner to consider with respect to trade and outsourcing. The country is eager to engage in international business, is taking measures to increase and enforce its intellectual property protection, and willing to accommodate your international trade and manufacturing outsourcing needs. Mexico can help your business achieve good outsourcing results by increasing your profit margins with lower hidden costs, minimal duty charges, and shorter product delivery times. Consider Mexico for your next international project.

International Trade With Mexico - One Of The Most Trade Friendly Countries In The World
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Michelle Bonn is the owner of Expedient Trade, LLC, an international sourcing and manufacturing service company, based in Buffalo, NY. For questions about this article or other international business information, contact Expedient Trade by visiting their website at http://www.expedienttrade.com

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