Expanding internationally always has risks but developing a business during a global pandemic is not usually a central part of a risk management strategy. The global nature of the COVID-19 outbreak has given international businesses an unprecedented challenge, one that requires diversification and resilience. Here are a few ways you can mitigate the pandemic risk […]
What to do when you travel a lot for work.
The Federal Government is now seeking applications for grants of up to $7000 to help Australian researchers and SMEs work with overseas experts to develop and commercialise their projects. According to Minister for Jobs and Innovation, Michaelia Cash, the Global Connections Fund (GCF) Priming Grants empower organisations to collaborate in the global arena, link with […]
Innovation and startups are set to be the future of the Australian, and possibly even global, employment landscape. However, educational institutions place a greater emphasis on students and graduates obtaining employment in established companies in favour of startups. With reports stating that the concept of automation will see five million Aussie jobs gone in the next […]
To stop a leakage of bright, entrepreneurial minds from Australia, chartered accountants Domenic Saporito and Gerard Holland have partnered on a venture that makes it easier for international students and graduates to break into the local start-up ecosystem. Holland has previously worked with middle-market and early-stage companies as a business advisor, while Saporito has a […]
The prospect of internationalisation is intimidating, especially the overwhelming thought of the time and monetary investment needed to expand. However, international expansion can be as straightforward as trialling your product in new regions or delving further into expansion by developing a localised website.
Australian businesses remain optimistic about overseas operations despite the global downturn, according to results from the Export Finance and Insurance Corporation’s (EFIC) second annual Global Readiness Index, which charts the international experiences of Australian companies. Respondents from more than 80 percent of companies with offshore operations indicated they plan to expand them; more than 40 […]
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