Question 1

When is the best time to enter a new market?

Accepted Answer

Of course the right time it's right now! Waiting to expand is the worst thing you can do in a well-functioning business in one or more markets
Entering a new market should be preceded by thorough research, which should be performed quickly on an appropriate number of potential customers or business partners. Such activities can be carried out 100% remotely without the need to build a branch.

The best time to enter a new market is right after making first sales level. And this first level of expected sales, many companies set for at least USD 25k revenue. After crossing that number, there is no longer any probability, there is certainty that the new market has potential.

Contact us and check how fast with our services you can grow minimum USD 25k revenue on selected market.

Question 2

Do we need to open legal entity first?

Accepted Answer

Opening a new office does not have to mean investing in an office, lawyers and a branch with a legal entity. It is best to start by employing 2-3 people from the local market, fully remotely, with experience in your industry or vertical. This ensures that the right specialists do what they do best - and you only invest in fixed costs that aim to increase sales or acquire customers.

We assume that opening and registering a new legal form should be covered from the first revenues on the new market, if there is time for it in the investment strategy.

For some business models (marketing agencies, software houses, remote or production services companies), it is good to start with the address and registration of the company, because such a step (relatively low cost) inspires the partners or customers trust.

Question 3

How fast new entity can start pitching new customers or partnerships?

Accepted Answer

There are brand new business ideas, and there are ideas for creatively improving existing businesses on new GEO's. But whichever idea you have, the most important element is executing it better than anyone else. Effective execution is the key.

You must understand that the question is not, ‘What should I do?’ but rather, ‘How should I do it?’, that the implementation process is a paramount importance.

We specialize in these processes, we act fast, from the very first operating day on new market. Effectiveness is not measured in terms of many months of covering costs and waiting for results, but in terms of delivering results fast, accurate and with minimal costs that has to be covered.

Question 4

When we will see first sales? And how long does it take to get ROI?

Accepted Answer

The answer is simple, the first result appears with the first sale or contract. How long does it take? This can happen much faster than in your market where your company was established, because now you have appropriate facilities, technologies, experiences and procedures that already work at the HQ - and those are only duplicated in the new market.

We plan customer acquisition processes as the first step for every business that uses our international expansion support services. Properly prepared processes and targets for teams practically guarantee that the company's branch will achieve ROI within 12 to 24 months, which in the world of investments is a very quick return on costs incurred by the HQ.

Question 5

In what industry or vertical we can scale our business model abroad?

Accepted Answer

These are best businesses to "copy" on new GEO and the most and fastest scaling international models:

- marketing or digital agency
- software house / software producer companies
- outsourcing of production
- consulting services
- legal services
- real estate agencies
- beauty salons and related services
- restaurants and food brands
- cosmetics, supplements, health brands
- IT services
- BPO / SSC
- technology start-up or in the field of sales services
- business solutions provider
- mass services for b2c clients
- healthcare companies
- production of components made of aluminum, steel, plastic and many other materials
- assembly and logistics centers

Your industry is not here? The most important thing for us is whether your business achieves results on your mother market, and our task will be to run and develop this business on the selected "daughter" market.

Question 6

In which markets can I receive expansion support from IMPACTINN?

Accepted Answer

We operate in these locations, these are only examples worth to mention, but today we run +50 GEO's:

- Poland
- Germany
- Czech Republic
- Slovakia
- Norway
- Sweden
- Finland
- Denmark
- Netherlands
- Switzerland
- Estonia
- Latvia
- Lithuania
- Spain
- Italy
- France
- Germany
- Romania
- Hungary
- Georgia
- Grece
- Turkey
- Portugal
- Malta
- Cyprus
- Tunisia
- Morocco
- USA (we can grow on any of 50 States)
- Canada
- India
- UAE
- China
- Japan
- Malaysia
- Thailand
- Uzbekistan
- Ukraine
- Russia
- Brazil
- Mexico
- Venezuela
- Colombia
- Argentina
- RSA

Make inquiries about the market you would like to enter your business.

Question 7

How can we withdraw profits from the new market?

Accepted Answer

Does a dividend of 0% taxation sound good? Our tax advisors will perfectly prepare you to receive profits from the new company branch, we can provide you with 0% dividends for foreign HQ companies, as well as favorable forms of tax settlements in the new market.

When analyzing the market and the form of taxation, it often turns out that our partners choose to increase employment in the new market due to much better pay and tax conditions for employees. Up to 45% lower costs for your employees if you decide to build a team in a new country.

Reduction of employment costs by almost 50% means that 100% more work is performed in the same budget that you pay today for employees at the headquarters! This is one of the many other positive benefits of deciding to operate in a new market.

A new GEO means new investment and purchasing opportunities, our partners appreciate the fact that opening to a new market brings them new ideas and new investment strategies, which are often no longer available (or hidden, or are unprofitable) on the domestic market.

Question 8

How many employees do we need to hire?

Accepted Answer

You don't have to hire anyone, we take care of the selection of teams, people management and organization of both remote and office work - our company issues an invoice for this type of services.

At the same time, we recommend appointing a team of at least 3 - 4 people who will deal with the most important task - matching your offer to the market, translations, sales and customer acquisition.

We have extensive experience in leading teams and recruiting, providing the most important investment element - an effective team - for the needs of scaling your new business on new market.

As a team, we undertake and carry out such activities before you decide to open a branch and office. We specialize in minimizing initial costs while focusing on maximizing work results.

Question 9

What are the biggest risks on new GEO?

Accepted Answer

We constantly tell our clients that the greatest risk is passivity and the fear of taking bigger steps towards expansion. Any money lost can be earned up again, all mistakes steps can be done better in future, and inappropriate processes can be improved - but time that is running out forever and cannot be returned.

Many of our clients achieve millions of revenues each year in new GEO's, and this happened when they decided to take action, even without having perfect entry and expansion strategies - because they dedicated this hard work to us.

It is said that there is always a "risk" of entering a new market - but in our opinion this sentence has a logical error - it is not a "risk", but a business opportunity which, if properly planned and managed, can bring much greater knowledge and experience than "risk".

Question 10

How much it costs to enter a new market?

Accepted Answer

Most of our clients didn't spent more than USD 72,000 on investing in a new market within 12 months. That's only USD 6,000 a month. You can admit that sometimes this is the budget for one or two employee positions - and here we are talking about a branch/entity of a foreign market, a dedicated team and great opportunities to be achieved on a new GEO.

But... how is it possible that they did not spend more than USD 72,000 per year, when, for example, over USD 200,000 has been spent on specialist salaries and technological costs on the new market? The reason is simple, the "daughter" company does not have to wait years for a results, the revenues appear very quickly, beacuse the company's new entity can pay the costs from independently generated revenues, without taking support from the HQ's wallet.

It's Not Only Support
We Do Every Job, Up To Result

Q&A

Are you ready to multiply
your customers internationally?

It's Not Only Support We Do Every Job, Up To Result

Q&A

Are you ready to multiply your customers internationally?

It's Not Only Support
We Do Every Job, Up To Result

Are you ready to multiply
your customers internationally?