Managing a business from another country. the

[Grant]

The issue with managing a business from another country, is that you have to follow that countries rules to run that business. It can be done, you will just have to jump through hurdles.

 

[Senator]

Of course there are many challenges that come with managing a business from another country. For one thing, you are not physically there to monitor it. And if the employees are not trustworthy, they might not be truthful with the profits. That is one challenge.

I don't think he said the uncle is not physically there to oversee his business. His uncle is living abroad and running the business with some challenges he faces.

 

[Ralphjoe]

In this case, you're going abroad to do something and to come back,in this case it is not a big deal, there is always a matron in a business and also a manager, if you are not around they will take control

This is not the case that I am trying to tell you about what I'm trying to tell you is that then maybe I need for your company to open another branch abroad and you have to go over there to both supervise everything which you take you a very long time.

 

[Richard92]

Below are five tips to help you manage a company a world away.
Communicate clearly and often When working internationally, communication is key. ...
Bridge the distance with technology. ...
Embrace cultural differences. ...
Leverage partnerships and ask for help. ...
Create and maintain relationships.

It can be very challenging when you manage a business from another country it can only be easy when you have group supervisor I can communicate more effectively to manage your company.

 

[Sotherefore]

This is not the case that I am trying to tell you about what I'm trying to tell you is that then maybe I need for your company to open another branch abroad and you have to go over there to both supervise everything which you take you a very long time.

Ok in this case it is advisable that you hand over your business to a group of trusted managers and Metron, you will not be able to divide yourself and be present supervised the two company at the same time.

 

[Lens]

The truth is that he can't effectively manage the business here if he is abroad. He should delegate the managerial responsibilities to someone else. The person he trusted and he knows too well. All he needs to be fed on the developments in the business. There are so many people abroad with business here.

 

[Grandeur]

Even managing a business close to your heart has challenges not to talk of a business run from abroad of course there would be challenges, it can only be manageable if the person put in charge is hardworking.

 

[Senator]

My uncle who stays abroad owns a school in the country, so that got me wondering managing such businesses from far away there must be challenges attached to it.
What are such challenges?

The major challenge he might be having in running such a business in a far away country from his native home is if he is illegal in that country, and as it seems he can be because the school would not have existed, he has no more challenge other than those others fae in that country too

 

[Razor1911]

The major challenge he might be having in running such a business in a far away country from his native home is if he is illegal in that country, and as it seems he can be because the school would not have existed, he has no more challenge other than those others fae in that country too

That is very rare. Even if someone doing a job from other country, it might be because the scope of business is high in that are. Just like, most traffic exchange sites pays higher commission for tier 1 countries, specially US.

 

[Thinker009]

Managing a business could be very difficult , many business have obviously find it hard to succeed on the long run because of poor management , so management is part of the factors that contributes and determines business sucess

 

[Razor1911]

Managing a business could be very difficult , many business have obviously find it hard to succeed on the long run because of poor management , so management is part of the factors that contributes and determines business sucess

But what about when you are settled somewhere else, and want to trade in other countries? Online platform do provide such facilities, but for that we need to have legally applied for the business permission in that country.

 

[Ralphjoe]

Ok in this case it is advisable that you hand over your business to a group of trusted managers and Metron, you will not be able to divide yourself and be present supervised the two company at the same time.

I am so glad that you now understand my point of view and I feel that it will be the best interest or the owner of any business to delegate the management of his business to a trusted manager who will manage the business on his behalf.

 

[Sotherefore]

I am so glad that you now understand my point of view and I feel that it will be the best interest or the owner of any business to delegate the management of his business to a trusted manager who will manage the business on his behalf.

What if you do not really trust the managers of your business, what should be the best thing you need to do as a business owner if you are traveling to another country for business contracts and other things ?

 

[Chibson]

It may be difficult to manage your business from another country except you have someone who is trusted and has knowledge of how to run a business.

 

[Melanie Marie]

Of course there are many challenges that come with managing a business from another country. For one thing, you are not physically there to monitor it. And if the employees are not trustworthy, they might not be truthful with the profits. That is one challenge.

I agree. ^^ Heck, my dad would even have problems with his hardware store once he’d leave for the day. And the store is local, not overseas or anything like that. But now that he has one of my brothers watching over things (and working there as well) there’s a lot less skulduggery going on.

 

[Senator]

A you close in anyway to this your uncle or you're just into a very formal kind of uncle nephew relationship thing? Because he should be in a better position to give you his views here

My uncle who stays abroad owns a school in the country, so that got me wondering managing such businesses from far away there must be challenges attached to it.
What are such challenges?

 

[Holluwaphemmy]

My uncle who stays abroad owns a school in the country, so that got me wondering managing such businesses from far away there must be challenges attached to it.
What are such challenges?

I think to manage a business from another country wouldn't be a very easy task . But it also depends on the managements of the business. Such business might experience ineffeciency and theft which may lead to bankruptcy

 

[Alexandoy]

The truth is that he can't effectively manage the business here if he is abroad. He should delegate the managerial responsibilities to someone else. The person he trusted and he knows too well. All he needs to be fed on the developments in the business. There are so many people abroad with business here.

The rationale now is that managing can use the distant conference in the internet. You can check your business every day or even every hour. We have been doing that when I was working in a Japanese software house. However, I still believe that the best management is for you to be in the work place.

 

[Oliver4smile]

Hmmmm... Managing a business in another country sounds somehow difficult to me especially if it's a physical business, why not start your business where you can manage it with ease.

 

[Ralphjoe]

What if you do not really trust the managers of your business, what should be the best thing you need to do as a business owner if you are traveling to another country for business contracts and other things ?

In a situation whereby I do not trust my manager I will definitely let that manager of my book and employ someone else that I can trust to be managing my business. I cannot let a manager that I do not trust will be managing my business for more than a month.