Fostering Friendships: 5 Tips to Growing a Global Business Network

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Expanding your business into other parts of the world is likely to bring you more power, prestige and profits. However, it isn’t all about figures and calculations. Sustaining your company in another part of the world also involves making connections with other human beings.

Learn the Language

If you want to have global connections, then you need to communicate with people in other parts of the world. Taking steps to learn at least the basics of the languages in your target countries can help to bridge some of the gaps that a language barrier can create. Furthermore, now is the time to start hiring more employees who are multilingual. While you probably cannot learn every word of every language, you can do better than popping every email into a translation device.

Absorb Customs

Expanding into the global marketplace means that you need to know the customs, especially as they pertain to business, of the people with whom you will interact. Failure to understand business customs could mean that you offend prospective business partners.

Also, if you show that you have taken the time to learn about the customs and the culture of the area, you exude a sense of caring. People do not feel as though you are just there to force them into using your business; they see that you care about who they are as individuals too. Consider practicing some of the customs back home, and you may see improvements in your business.

Consider the Neighborhood

When you bring your business into another area, the neighborhood might feel as though you are invading. For a host of reasons, the residents might think that you are trying to take over the community and to push out businesses that have been there for a long time. Show that you have the neighborhood in mind and that you want to do what is best for you. You can start by contacting with residents on social media or by planning an event for the community.

Stay Connected

Once you have started your global business, you may feel as though you can step aside and let the employees in other parts of the world do the work. However, that gives a bad impression to them and to the communities in which your business will grow. Staying connected shows that you are invested in the present and the future of the company. For example, you may decide to schedule weekly meetings to check in with each of the new offices.

Keep in mind that time differences can cause struggles with scheduling meetings, so you want to offer a schedule that is suitable for both parties. If you don’t stay connected with the business, you also may not know about problems that are starting to come into fruition. Resolving a problem that has already grown can be quite troublesome, especially when you are on the other side of the world.

Procure Corporate Apartments

Whether you’re sending current employees to foreign countries to scout out information for your business or you are planning to ask employees to travel in the future, corporate apartment rental is helpful. Instead of worrying about where to live during their stay, employees will have spaces provided for them. This element of the job can also be a perk that entices employees to work for you.

Growing a global business network is a step that can seriously improve the amount of customers you have and how your company is doing financially. However, if you don’t approach it in the correct manner, it can cause a host of problems, and it can leave a negative impression of you that is considered around the world.

 

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