+61 7 3844 5555

The current economic climate and speed of communication via the internet allows international expansion to happen faster than ever before. At Macro, we like to look at four key pillars when our high grow businesses leap offshore:

  1. Market – You will need to consider where you want to expand, what products or services you will offer, as well as the customer and competitor landscape. The “question of where” is not just the country – it is the state, province and city where you will get started.
  2. People – Are there existing people in your organisation who have the capacity to take on the international expansion or will you need to hire new people? Where those people will be located is an also important issue. If they are to be located offshore, there are a number of issues to consider such as local employment laws, Visas and taxes.
  3. Funding – You will need to set a budget for the expansion and consider the many hidden costs. Once you know how much your budget is, you will need to consider funding your expansion in potentially multiple currencies. There are several funding options, including EMDG and EFIC grants.
  4. Structure and Regulation – Once you have considered each of the above, you will need to consider what structure you will need to get started.The first to consider is your operational structure. Will you operate as a business to business organisation or will you deal directly with customers? Will you use agents, distributors or enter into any licensing agreements?The next thing to consider is your legal structure. Will you incorporate a new company overseas or export directly from Australia? There is also a variety of other regulations to consider, alongside taxes.

Please call us on 07 3844 5555 to discuss with a Macro team member today.

AUS (BRISBANE)

220 Melbourne Street, South Brisbane QLD 4101, Australia

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AUS (BYRON BAY)

12/7 Grevillea St, Byron Bay NSW, Australia

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US (IRVINE)

2030 Main Street, Irvine, CA, USA

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Locations

AUS (BRISBANE)
Level 1, Suite 4

220 Melbourne Street

South Brisbane QLD 4101

+61 7 3844 5555

admin@macrogroup.com.au

AUS (BYRON BAY)
12/7 Grevillea St
Byron Bay NSW 2481

+61 2 6699 8000

byron@macrogroup.com.au

US (IRVINE)
Suite 1300

2030 Main Street
Irvine, CA 92614, USA

+1 949 209 9449

admin@macrogroup.com.au