International Expansion – Agent, Distributor, or Own Subsidiary?
For many mid-sized machinery manufacturers, expanding into international markets represents a significant opportunity – and at the same time one of the greatest entrepreneurial challenges. New markets promise growth, closer proximity to
customers, and risk diversification. At the same time, the decisions involved are complex and often far-reaching.
In many cases, international expansion is a one-time or infrequent decision. As a result, in-house experience is limited – making the process particularly demanding. Mistakes can only be corrected later at considerable financial and organizational cost.
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