Managing a business from another country. the

[Kaffyfolla]

Below are five tips to help you manage a company a world away.

1. Communicate clearly and often When working internationally, communication is key. ...
2. Bridge the distance with technology. ...
3. Embrace cultural differences. ...
4. Leverage partnerships and ask for help. ...
5. Create and maintain relationships

 

[Heatman]

managing a business from another country can be quite tedious but it can be made easy depending on the kind of structure and plans you have designed for your work and the kind of discipline you have laid down for your workers.also you can decide on a family or friend than can assist in overseeing your business

It will definitely be very difficult for to manage the business because of resources challenge that can come up for the business owner. And if you deal with an dishonest person, they will always dupe you.

 

[jay]

Yes its a great challenge for you if you are not there physically then there will be alot of problem .if you want to handle all the matters you should go there personally and take care of everything ,otherwise your uncle will not get profit.

Personally I would not be comfortable running my business from another country because a lot of people right now cannot be trusted to deliver for you as long as you're not around.

 

[kayode10]

It is very important to have a board of directors to control the affair of The Business when you are not around. The board of a director must consist of business owners accountant auditor engineer as well as business technocrat. these people will control the business on your behalf and make it thrive.

 

[Shigobad20201]

Managing a business from another country isn't that good because most people always charge of the business tends to mismanage geg resources left with them which can even cause trust breach so as far as am concerned if you don't want to lose your money it's better you start a business that you can manage yourself wherever you are in the workt.

What you at trying to insinuate is that since the owner of the company didn't have the time to be consistence with the business because of the distance, his managers might be trying to mismanage the business fund.

 

[Sotherefore]

No matter how it may be , this might really be stressful especially if your employees are not honest. Before a business ownership even think of this he should think of getting an honest workers.

 

[Syldan]

Well, managing a business while in a other country, or abroad, is very difficult because there are some certain challenges which may require emergency and some issues which you may not be aware if not close.

 

[Sincerem]

There are some strategies to put in place which would enable a person living abroad to manage successfully his business or investment without discrepancies. Many would opt for employing the services of qualified individuals and professionals who are skill in manage to run the affairs of the business and would send a report of the income statement and other business activities to the owner.

 

[Shigobad20201]

Managing a business right from another country is never easy to maintain but if you have someone you trust , you can actually be giving directives to your subordinates .

 

[Sotherefore]

He is not the one directly managing the business , the business has been handed over to a manager to take care of everything. He is only getting information of how the school is progressing. There is no way you can directly manage a business if you are not in the country.

 

[Shigobad20201]

Well, managing a business while in a other country, or abroad, is very difficult because there are some certain challenges which may require emergency and some issues which you may not be aware if not close.

Though managing a business right from another country might be too default based on the trust you don't have on your workers , but if there's trust between the boss andnthe workers, it will be quite easy .

 

[tyrim88]

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.

That is just the true fact,because at the end of the day it will require someone that is trustworthy to be able to handle the outfit in a manner that you would like it to be,and constant monitoring and on the spot control is a vital key.

 

[Chibson]

Getting people you trust to manage the business for you is the best thing you should do if you are living in another country and also business in other country. You can get your family members who you trust to do that.

 

[Godspower]

Getting people you trust to manage the business for you is the best thing you should do if you are living in another country and also business in other country. You can get your family members who you trust to do that.

There are people who run these kind of organizations successfully. In this case, you could hire workers to work for you while you do the supervision remotely online.

 

[Chibson]

There are people who run these kind of organizations successfully. In this case, you could hire workers to work for you while you do the supervision remotely online.

Definitely, if it's a business you can monitor through the internet then it's the best thing to do. Even at that, it's important and necessary for you to get people you trust to monitor it physically.

 

[glitch]

A friend of mine started a business here in America from Canada. It took some time and some legal paperwork but he pulled it off. Now that it is established, he is getting his citizenship this fall.

 

[Chibson]

A friend of mine started a business here in America from Canada. It took some time and some legal paperwork but he pulled it off. Now that it is established, he is getting his citizenship this fall.

That is a nice one. Did he employ someone to be managing the business for him before he could get all the paperworks?. Or he registered the business through someone in America?.

 

[glitch]

That is a nice one. Did he employ someone to be managing the business for him before he could get all the paperworks?. Or he registered the business through someone in America?.

The business was registered in the US and he had a US team working on it. Once he employed enough people and gained even revenue, he was able to file for citizenship.

 

[Chibson]

The business was registered in the US and he had a US team working on it. Once he employed enough people and gained even revenue, he was able to file for citizenship.

Okay, such a business can only be started by people who are very wealthy. Someone who does not have enough money cannot even be able to register a business in the US and have people working for him.

 

[glitch]

Okay, such a business can only be started by people who are very wealthy. Someone who does not have enough money cannot even be able to register a business in the US and have people working for him.

He has people he knows (investors) who helped start it. It was a process but when you know what you are doing, you are able to do it. A lot of companies have warehouses in the US where the business owner him or herself lives in a different country.