Strategies for International Growth
A brand that is successful internationally is the result of a comprehensive, multifaceted strategy with keen attention paid to both planning and execution.
Never underestimate the complexity of expanding a brand on a global level. The initial obstacle in deciding if a brand can grow internationally is the brand’s ability to recognize and leverage its strengths and create safeguards against potential weaknesses to make a brand fluid enough to adapt in multiple markets. Transforming a concept from a local favorite and introducing it to international audiences requires the right entrepreneurs to help make global expansion a reality. Beginning with being an established brand in your local market and being strategic in market selection, finding the right franchisees for a new global market and adapting the concept to fit the new location are all key components of international growth.