Taking your business into a new market should be exciting, so try not to stress yourself out by worrying about the complications of overseas employment. Trust us – there are many options to make your global expansion a breeze, especially when it comes to hiring new team members. Don’t believe us? We’ll prove it by explaining some of the hassle-free ways businesses can manage overseas employment.
Solve Overseas Employment with Outsourcing
If you prefer a more hands-off approach, consider Business Process Outsourcing (BPO) to manage admin, manufacturing, and customer service tasks. The last thing you want to do is stew on finding a team to manage day-to-day operations abroad if you dread hiring in the States. Overseas employment comes with more complications and regulations, so sometimes passing the reigns over fully to a third-party is the best route for businesses.
Opt for a More Hands-On Approach
Some business leaders can’t imagine handing complete control of their staff off to an outsourced agency. If that sounds like you, we get it. Everyone has their preferences when it comes to operations and the most important key to international success is sticking to your preferred strategy.
Luckily, there are many options to establish a legal presence overseas allowing you to hire a locally-based team. Through resources including International PEO and Foreign Subsidiary as a Service (FSaaS), businesses can stay compliant while remaining fully operational in their new country. Start up times decrease, companies benefit from cost savings, and everyone suffers less headaches. It’s really a win-win situation. Learn more about the benefits of these services in this post.
Once Your Business is Established – What’s Next?
Now it’s time to start hiring employees, perfecting your strategy, and getting ingrained in the culture. One of the most important steps to entering a new country is learning about the market. It’s also the most fun! You get to fully immerse yourself in a whole new world. You’re not there as a tourist, you’re there as a part of the market now. Your business is contributing to the betterment of that society and the more you learn about the culture, the more success you achieve.
As for the hiring and strategy adjustments, be flexible. You should have a concrete plan in place before taking your business overseas, but you should also be adaptable if and when things don’t go exactly as planned. Know that you can always confide in an international consultant if you need advice.
Managing overseas employment and hiring takes more work, but it’s an exciting adventure. You get to build an international team from an entirely new talent pool. Work with your US-based team to learn what attracted them to join your team. You can even consider sending them abroad to help recruit and onboard new team members.
If you need assistance with overseas employment, give us a call. We can help you navigate every aspect of international expansion including compliance, payroll, and employee onboarding. Contact us! We look forward to hearing from you.