Having global connections can enable firms to take advantage of opportunities outside their existing market.
In the age of globalization, there are many opportunities for international business. Globalization can also be seen in markets, where trade barriers are falling and buyers’ preferences are changing. Similarly, a company can purchase goods and services readily from other countries in terms of production. In a world where industrial production has broadened beyond simple industrial production, a broader definition of international business might actually serve you better both personally and professionally.
A broad definition of international business simply describes the exchange of products, services, or resources between two or more countries. Beyond money for goods, the exchange can also involve international transfers of people, intellectual property, and contractual assets or liabilities.
An international business can involve the activities of large multinational companies with thousands of employees operating throughout the world or a small one-person firm acting as an exporter or importer. Besides for-profit cross-border transactions, international business can refer to nonfinancial transactions that cross borders to improve a business’s future.
How Bluebox can help you?
Bluebox Global assist global businesses in operating across borders and entering new markets. To meet the demands of international business, we combine real-world experience, local market knowledge, and cultural understanding.
We offer a comprehensive range of services to Singapore companies investing overseas. Additionally, we assist foreign companies seeking to open operations within Singapore or raise capital here. We provide all kinds of tax and enterprise risk services, as well as assurance & advisory services and financial advisory and consulting services. Our goal is to help clients overcome the challenges of the global economic environment and serve them.