Tools & Insights

Keys to international business success

International business success

HSBC and The Conference Board of Canada found that Canadian companies that won big in international markets all followed a similar approach.

Skilled Executive

It takes more than a good product to successfully grow a business overseas. Leaders of Canadian firms that have found international success share four traits that helped them achieve their goals in international markets.

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Foreign Market Knowledge

Companies planning to grow globally must match their desire to expand with an equally enthusiastic pursuit of in-depth market knowledge. Here are four ways that understanding your market will help contribute to global success.

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Innovation Capabilities

In global competition, innovation is the name of the game. Developing cutting-edge products and processes, investing in research, and creating new technologies, are three ways that innovation can boost trade potential for Canadian companies.

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International Networks

Strong networks, both at home and abroad, are important for companies looking to grow beyond Canada. How can you leverage the strength of your local connections and reputation in Canada to expand your business internationally? There are four types of local relationships you can build on today to establish your international network.

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Source: Selling to the World: The Keys to International Business Success Report, June 2015

Note: The opinions expressed by featured companies do not necessarily represent the views of HSBC Bank Canada and likewise the opinions expressed by HSBC Bank Canada do not necessarily represent the featured company’s view.

Disclaimer

The information presented is not meant to be comprehensive and does not constitute financial, legal, tax or other professional advice. You should not act upon the information contained in this document without first obtaining specific professional advice. While reasonable care has been taken in preparing this document, HSBC does not make any guarantee, representation or warranty (express or implied) as to its accuracy or completeness. The information presented in this document is subject to change without notice.

Certain of the products and services offered by HSBC and its subsidiaries and affiliates are subject to credit adjudication and approval. This document does not constitute an offer to provide the services and products described and the provision of such services and products remains subject to contract.

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