RSS

Q&A: Expanding into the USA

Article Date:  Apr 10 2006

Q: We are a financial software company and are presently expanding into the USA.  How do we go about finding quality resellers for our product?

Answered by Richard Hall, partner at Ernst & Young

Your best first port of call is UK Trade & Investment (UKTI), a Government organisation that can help UK companies by offering advice, support and information on opportunities and market entry for the US.

Particularly, UKTI can help identify potential resellers for your product through its Overseas Market Introduction Service (OMIS). The service puts you directly in touch with staff in UKTI’s US office, who can give the best US and sector-specific business advice, as well as offering support during your visits overseas.

Operating in 87 foreign markets, OMIS is delivered through UKTI's online facility and gives a direct link to local experts.

In the first instance it is recommended that companies make contact with their regional International Trade Team in the UK, who will be able to provide further information and advice on the full range of UKTI services. See www.uktradeinvest.gov.uk for details.

Richard Hall is an Ernst & Young partner focusing on fast-growth, dynamic, middle market businesses. Richard leads a 3,000-strong team located in offices throughout the UK who are committed to helping middle market businesses grow. Richard's role includes leading the middle market transaction advisory services team.

Comments 

There are currently no comments on this article

Sign up and get...

  • Regular GrowthBusiness newsletters
  • Post comments on articles
Sign up

Search Marketing for a Growing Business

If you’re a growing business Optimease can help you gain a competitive advantage by helping you increase your website traffic, leads and online sales, with best practise search engine marketing via SEO and PPC management services. Visit www.Optmease.co.uk to discuss our search marketing solutions, and how we can also help with SEO design consultancy and web development project management. 

Free business valuation

Established in 1991, with offices UK wide, Avondale are the leading specialist advisors in the sale and purchase of commercial businesses.  With our proven track record, you will find a market leader and resourceful partner in Avondale.   For a free business valuation and no obligation, professional consultation, in the strictest of confidence, email av@avondale.co.uk, call 01737 240888 or visit www.avondale.co.uk

Free mobile broadband is here

Get FREE mobile broadband when you sign up to BT Business Total Broadband Option 2 or 3. You'll have access to the internet wherever there's mobile or Wi-Fi coverage.  Get connected now.

Spotlight on AIM 2008

This unique research report provides a comprehensive assessment of AIM and reveals the best-and worst-performing stocks on AIM of last year.

VCT Special Report 2008

A comprehensive report on VCTs and over £1 billion in investment trusts just waiting to be invested in fast growth ventures.

More

Events Calendar

Rosenblatt New Energy Awards

25th February, Natural History Museum, Cromwell Road, London SW7 5BD

M&A Awards 2009

18th February, London Hilton, Park Lane, London

M&A Expanding internationally

27th November, Sofitel London St James

More

More Quick Guides: Business Expansion

Distribution models: an overview

When distributing your products overseas, it's important to get the model right. Here are four to choose from.

Business air travel

From private flights to business-only airlines, the offerings of the air travel industry are as wide-ranging as the destinations they can carry you. The only limit is the tolerance of your finance director.

Cut costs, save the planet

Rising energy prices and worries about the environment have made green business practices a hot topic. For small and medium-sized enterprises (SMEs) looking to remain competitive, going green often makes business sense.

Advertisement

Poll

What's your hope for 2009?



Have your vote on current issues

People who read this also read

  • Taking the hard road to China

    Instinct told Doug Currie that expanding into China was the next logical step for Genesis Forwarding Services, the business he co-founded in 1986.
  • A nation of entrepreneurs

    A lot of hot air is expended on discussing how we could make the UK more entrepreneurial.
  • Relocating to the Thames Valley

    The Thames Valley has been the butt of jokes and invective since John Betjeman willed ‘friendly bombs’ to fall on Slough. But it seems to be having the last laugh.
  • Opening a second front

    Many a business has lost its way as it opens in new locations, both in the UK and abroad.

White Papers

10 Reasons Why Your Email is More Secure in a Hosted Environment versus an In-House

Take an in-depth look at the security risks associated with complex business email configurations and how hosted email solutions stack up.

10 Steps to a Successful CRM Implementation

Follow these 10 steps to help ensure that your CRM implementation is a success, from the planning stages to post-deployment improvements.

3 Steps to Creating Personalized Customer Support Experiences

Learn how tailoring support interactions to fit the specific circumstances of an account can not only increase customer satisfaction, but also increase revenue.

More

Free prize draw!

Complete our short survey and you could win a bottle of champagne.

Click here to enter the