North Asia is a key overseas expansion hotspot. Our member firms are seeing a lot of inbound investment directed towards setting up businesses and branches in Japan, as the opportunity set there becomes increasingly appealing.
Meanwhile, emerging and fast-growing economies such as in South America, South Asia and Africa are attractive too because of the economic growth and transformation potential they offer. Especially where governments are actively promoting foreign investment and creating a more business-friendly environment.
Interpreneur Survey : 2024
Kreston Global has released its latest ‘Interpreneur’ report, shedding light on what motivates entrepreneurs to expand their businesses internationally and what it means to be an interpreneur in today's shifting economic landscape. Over the past two years, the global economy has faced slow growth, rising inflation, and geopolitical tensions disrupting supply chains. Despite these challenges, mid-market businesses remain optimistic about their global ventures and are ready to drive growth.
Our Respondents : What Is An Interpreneur?
An ‘interpreneur’ describes a business leader who successfully expands their business presence into international markets. This survey, conducted between 12th and 19th February 2024, involved 100 business leaders from each of the following 14 countries : Brazil, China, Egypt, France, Germany, India, Japan, Mexico, Nigeria, South Africa, Spain, UAE, UK, and the US. Participants included C-suite executives, owners, chairs, partners, managing directors, directors, and senior management from businesses with revenues up to £300 million.
What Are the Biggest International Expansion Challenges in 2024 According to Interpreneurs?
International expansion requires businesses to adapt to local market dynamics, economic variations, logistical realities, regulatory requirements, tax obligations, and cultural expectations. The primary challenges interpreneurial businesses face include:
Global Business Trends : Will More Businesses Expand Overseas in the Next 12 Months?
The report reveals that despite economic uncertainties, a significant number of businesses are planning to expand their operations overseas within the next year. This trend highlights the growing confidence among interpreneurs in the potential of international markets.
USA vs Europe : Which Is the Best Country for Business Expansion?
When considering international expansion, businesses often weigh the benefits of expanding into the USA versus Western Europe. The report provides insights into the attractiveness of these regions based on factors such as market size, economic stability, and regulatory environment.
Private Equity vs Venture Capital : Which Is the Preferred International Expansion Funding Source for Interpreneurs?
Interpreneurs have varying preferences for funding their international expansion. The report explores the ongoing debate between private equity and venture capital as preferred funding sources, offering valuable insights into their pros and cons.
The Growing Importance of ESG for Investors & Interpreneurs
Environmental, Social, and Governance (ESG) practices are increasingly influencing investment decisions and international expansion strategies. The report highlights the growing importance of ESG considerations for interpreneurs and investors alike.
The Benefits of AI in International Business Operations : Increasing Acceptance & Openness
Artificial Intelligence (AI) is becoming a crucial tool in international business operations. The report discusses the increasing acceptance and openness towards AI among interpreneurs, emphasizing its benefits in enhancing efficiency and decision-making.
