LANDED: Insider Tips on Business Expansion
Ready to grow in a new country? Start here. International expansion is an acquired skill, and if you haven’t done it, well, you haven’t done it. But you *can* learn from those who have.
We’ll talk to business leaders, site selectors, recruiters, legal experts and more to reveal best practices for everything from finding a local leader to finding the best strategic location for your new office.
LANDED is a Waterloo EDC podcast. We help companies like yours expand in Waterloo, Canada. In the last five years, we’ve helped businesses invest more than a billion dollars in our community, so we know our stuff.
LANDED: Insider Tips on Business Expansion
EP1 - Firsthand Experience with International Expansion feat. Ryan Morris, CEO of Turntide Technologies
What’s the secret behind a successful international expansion? It’s an important strategy for business growth, but until you’ve done it… you haven’t done it. How do you get insight into the process and approach? That’s why LANDED exists. Waterloo EDC is leveraging its partners and contacts to get unique insights into why and how companies grow through expansion.
Our first episode features Ryan Morris, the CEO of Turntide Technologies, in conversation about his company’s growth to include nine locations including three outside the United States.
Key Questions:
- What drives the decision to expand outside of your HQ? Is it always something different?
- What drives an international expansion vs. growth within the United States?
- What happens first when you decide to expand? Do you sell the idea to other senior leaders? Do you approach investors or board members?
- How do you evaluate locations? Do you get help or search for locations yourself?
- What hurdles have you had to overcome when you expand?
- If you had to give other business leaders one piece of advice related to international expansion, what would it be?
Have thoughts? Connect with Waterloo EDC on Twitter and LinkedIn or contact us at waterlooedc.ca.
Music by John_Sib from Pixabay.