Establishing a corporate presence through local offices or headquarters is a must for MLM companies in many countries. This is especially important for companies that expect rapid growth and will require simplified accounting processes to comply with local tax laws.
If your company has already had success in hiring staff to handle large volumes of on-site work and conduct regional training, having a local entity with appropriate home offices will be critical to supporting and instagram data attracting and retaining high-caliber talent.
Advantages: fast market penetration
Disadvantages: high cost, no plan "B"
STRATEGY 3: EXPANSION THROUGH AN IMPORTER
Working with a local organization through a distribution agreement can be beneficial for companies that have large stocks of goods in stock. Under this type of cooperation, the local supplier takes on the burden of importing while maintaining flexibility in pricing and networking.
In our experience, it’s important to pay attention to the fine print in your importer agreement. You need to understand all the details to avoid payment cycle issues, lost revenue due to returned goods, and customer service issues that can damage your brand’s reputation.
Advantages: low investment, flexibility in management
Disadvantages: Your reputation is at the disposal of the contractor