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Global markets are expanding while things here at home spell gloom and doom for many small businesses. a firm that helps businesses expand into global markets founder and president, Larry Harding, offers up five things small and medium businesses should do before heading abroad.

1. Have a plan -
2. Get internal buy-in
3. Make sure you understand the full costs of hiring
4. If you’re headed to Europe, beware the VAT (value added tax) -
5. Think about how you will manage your overseas employees’ expectations

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