Wednesday, June 29, 2011

Going Global: Choosing a Location - - CFO.com


I provide location advice to owners and occupants of manufacturing and distribution buildings in Southern California. But what if you are a domestically based business with an off shore customer base, manufacturing presence, or a desire to open an off shore location? In this article penned by Bill Hite - CFO Magazine, are some great points for considering a location abroad.

"A publicly traded software company took a common approach when it first decided to expand into Europe: it located in the United Kingdom with the expectation of managing all European operations from there. The company hired 12 people over eight years there before finally deciding to pull the plug on this operation, which generated disppointing revenue and market share, along with unnecessary costs such as company cars and personal assistants. So what went wrong?"

You can read the entire article by clicking on the link below:

Going Global: Choosing a Location - - CFO.com