Tips for International Business

This article originally appeared on AndresManuelOlivaresMiranda.com on Sept. 18, 2017.

The world is a global village unified by the international marketplace which creates business interdependence among nations across the globe. To benefit from the opportunities created by business interdependency, you must have the knowledge and observe international business customs. This will help you to build a healthy and more formidable business relationship when taking your business abroad. Bear in mind that people around the world will inevitably need to interact with one another in a way that is more professional, diplomatic, and social in other to avoid any form of embarrassment.

  1. Be Open-Minded

Be open to new ideas, new cultures, and new ways of doing business. Cultural awareness is a prerequisite in the global marketplace. The knowledge and respect of cultural preference and sensitivity to your host gives you an edge in all transactions with your given client. Learning the language of your host will go a long way in doing business in the country. A good example is using kind and polite words, like thank you, and learning their greetings.

  1. Respect of Beliefs, Politics, and Holidays

Exhibiting a good sense of consideration and respect for other beliefs and customs of the people will speak loud in building a good business relationship. You should not interfere with local politics and politicking. Try also not to discuss politics and religious matters with new associates due to its sensitivity. Observe the public holidays declared in your host country.

  1. Welcome Business Relaxation

Dining and socializing in business makes a good footing in building business relationship in a foreign land. Try to experience the local dish as well participate in the local games or any form of relaxation that the people generally enjoy: When in India, for example, you can try cricket, and when in Brazil, soccer.

  1. Observe Business Protocol

Maintain protocol to develop business. A business introduction should be observed according to the business custom of your host country. Use business card correctly and learn to pronounce the names of your clients properly. It is important to note that, sitting very close is tolerated in some countries like Brazil, Nigeria, and others, while keeping some distance is accepted with others like Britain.

Finally, as business customs changes across borders, make time to learn overseas business customs before engaging in business abroad. This guide will sharpen you when managing business abroad by learning these international business customs.

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