Is now a good time for a UK business to expand into America?
No-one knows your business as intimately as you do, so it’s impossible to say whether or not now is a good time for your business to expand to America. However, many UK-based businesses explore the US market when expanding internationally: the US economy is strong, the market is lucrative and the USA is already the UK’s top import partner.
Without knowing the details of your business, the industry you’re operating in, and the competition you may face in the UK or aboard, it’s difficult to advise whether or not now is a good time for your business to expand to America.
However, many businesses explore the USA when they’re expanding internationally for a number of reasons. Firstly, the US boasts one of the world’s largest economies and has a lucrative market for international businesses to tap into. Also, the USA is already the UK’s top import partner, making it an attractive option for growth.
In addition, the UK and USA have long enjoyed a special relationship, and with uncertainty regarding the future of trade with the European Union, now is perhaps as good a time as any to expand into America.
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