The age of globalization is in full swing, with travel, business deals, and financial services moving across borders almost without hesitation.
Technology has had a major part in the ability to move between local and international economies, as internet connectivity and cloud-based operations have removed some of the limitations on communication and secure financial transactions. There are plenty of expansion opportunities in global markets, and U.S. citizens and companies are eager to jump in on the action.
There are many financial benefits to expanding your business overseas, but there are potential headaches as well if you are unprepared for international commerce.
Below you’ll get some tips on how to expand overseas, especially regarding how to choose a bank.
[Read more…] about Choosing a Local Bank When Working Overseas