International business can be viewed in many different ways, though with a nearly ubiquitous trait in common: high complexity. Broadly speaking, businesses operating internationally are commonly driven by new market expansion (e.g. access to new potential customers through new products and markets) or creating the ability to manufacture products in a more cost-effective manner and sell such products in their home markets. For many, data shows that BOTH cases position companies to achieve maximum growth.
With global expansion comes supply chain complexities and nuances that inherently add risk to the business. Now more than ever, business are looking for ways to minimize risk, create profitable growth, and streamline their supply chain. In some cases, businesses have either expanded too quickly or have simply injected to much risk into their overall supply chain. Baker Tilly’s structured approach to nearshoring (bringing operations to countries near their consumption points) or onshoring (bringing operations to the very country where items are consumed) helps such businesses more efficiently return and establish new operations closer to “home.”
Supply chains have been in a state of flux for the last 10 years, but with challenges like the COVID-19 pandemic and the blockage of the Suez Canal, companies are realizing the importance of understanding their supply chain in an effort to reduce costs and maintain control over their business. Baker Tilly offers a unique approach to helping clients look for manufacturing or assembly capacity outside the US, or inversely move operations from overseas closer. With a blend of management, technology and operations consulting knowledge, our professionals have deep industry experience. By leveraging this insight, we have developed a structured approach to help companies migrate existing services, establish a new facility, implement the proper technology and navigate the changing compliance and regulations that might keep you up at night.
Indecision, fear of complexity and misperceptions about costs are keeping too many organizations on the international sidelines when they could be realizing new revenue streams, diversifying their customer base and strengthening their overall enterprises. In partnering with Baker Tilly, your organization can respond to globalization head-on, de-risking international growth and obtaining market traction quickly. Our solution to growth is bolstered by solid market knowledge, an extensive network of contacts and multilingual advisors with years of country-specific business experience. We break down language and cultural barriers to business and make the world more approachable.
Baker Tilly helps organizations move from an untried global growth model to a proven methodology customized to the organization and fully supported through the entire continuum of international market expansion.
Our solution to growth is bolstered by solid market knowledge, an extensive network of contacts and multilingual advisors with years of country-specific business experience. We break down language and cultural barriers to business and make the world more approachable.
As leaders in a global accounting and advisory network, we collaborate with colleagues deeply connected throughout the world. Work with our team and immediately you have access to some of the industry’s top professionals, resources and capabilities across 148 countries and territories. With strong emphasis in emerging countries, we have helped organizations access their most sought-after markets.
From risk reduction to sourcing strategy development, from planning to full in-country implementation, from mergers and acquisitions to foreign partner due diligence to entity formation, Baker Tilly delivers the right combination of services to operate successfully in the global economy.
No matter where in the process, Baker Tilly has a proven, sustainable growth model for successful expansion into international markets.
The risks of going it alone are indeed significant. But what if there existed a team, a roadmap and a proven process to turn risk into reward — all with low levels of disruption, cost and complexity? In collaboration with Baker Tilly, your organization can respond to globalization head-on, de-risking international growth and obtaining international market traction quickly. Well beyond planning, we implement your vision. Whether you are looking to expand or contract; our team of specialists will apply the latest financial, technological, and process driven approaches in order to ensure your business continues to flourish and grow during this transition period.
ShopperTrak has worked with [Baker Tilly] as we have considered our path forward in Brazil and other LatAm [Latin American] countries. They are an extension of our team, as we navigate the cultural, linguistic, and business nuances of the region. The bottom line: outcomes are faster and more beneficial when both the American company and the potential LatAm partner have [Baker Tilly] as a bridge to forge the best outcome.Z. Jarrell, CFO, ShopperTrak