International Business Online

The realities of business change continually, usually driven by developments in the world, such as innovative technology, communication tools and other new opportunities. COVID-19 is a development in the world that is affecting business, forcing organisations around the globe to allow for working at home whilst simultaneously attempting to maintain revenue generation. In such times, the importance of e-commerce and the internet become clear.  Although these are not new realms within the digital world, it is only now amidst a global pandemic that many business owners are realising the importance of this sales channel.  It is a channel that replaces the traditional selling via a physical outlet or face-to-face meetings, and which simultaneously extends business to a global reach.  It must also be said that such a digital platform lends itself to specific types of business better, where online stores of physical products as well as the provision of services may be done remotely. Business owners who want to reach a global audience often tend to focus mainly on distribution and operational issues and may as a result fail to take into consideration less immediate issues.  These include legal obligations such as taxation, legal matters in foreign countries as well … Read more