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Your business is doing great and you want to expand, you decide that Europe is your best option, but what should you be wary of? Creating a business in your homeland can be difficult enough, expanding into another country should be done with some caution. It’s an exciting time to be expanding the business but here’s a look at some tips to consider before you start the big expansion.

 

Research

It may seem obvious, but some wouldn’t consider the country they are moving to as a separate entity in Europe. Every country has its own laws and opinions to your own so it’s best to research whether your product or service will be suitable for the chosen market. Testing the product overseas is a good way to work out the reaction to your service, this will help minimise costs if the business isn’t appropriate for the country. Also, researching the cost of land and materials will show if the country is a viable option, using professionals in the sector can help you with working out the worth of buildings and land.

Legal Aid

Every business will benefit from using corporate solicitors whilst setting up a business overseas. Their guidance will help you will all the different laws that come with employment in a foreign land, a lot of rules can change abroad so it’s best to have a professional telling you that everything you’re doing is legal before any issues can be raised. Employees rights, working hours, office and warehouse safety are all areas to focus on whilst running a business in Europe as it all varies depending on the country.

Pace Yourself

For most businesses, there isn’t a rush to execute big decisions regarding expansion. Waiting for the right time of year for the businesses needs should be considered, don’t try to move during your busiest time as it’s likely to add errors to the current business or the move. Taking the time to plan everything through and prepare stocks will ensure your business thrives overseas.

Political Climate

Whilst taking your time you should consider the political climate, learning about recent updates in the country has the potential to change any big decision you want to make. A good example would be Brexit, it’s going to change a lot of trading lines and law in different countries and might have the potential to affect your business negatively. Taxes are another area to consider, some countries will offer you relief to start up there, whilst others may charge more than you were expecting.

Travelling solo can be one of the most rewarding experiences of your life, discovering cultures, making friends for life and knowing the true feeling of complete independence. However, it can at times be a challenging journey, battling unexpected events and sometimes even loneliness. Here are some top tips for solo travel if you’re thinking about embarking on a solo adventure:

 

Thorough planning

It can be a freeing experience to live life as it comes, taking opportunities that arise with no ties. This can certainly be achieved with solo travel and is definitely an element of its appeal. However, having rough plans in place could save you from not having anywhere to sleep, incurring unnecessary costs and prevent you feeling unsafe. You should, at the bare minimum, decide which countries you will be visiting, in what order, and research where it best to stay within those areas. Booking through Airbnb’s nowadays is popular for solo travellers, although it can be expensive, it provides you with your own space and can often be booked last minute.

 

Keep in touch

Loneliness can be your biggest battle when travelling solo. Try booking a room in some hostels amongst the Airbnb’s and hotels, where the feeling of community can help you to make friends. Making friends is an important part of a solo journey in order to stop yourself from feeling isolated. Engage in any festivals, events and open mic nights, and get yourself out there, approaching a group of people you feel like you may want to spend more time with. On many occasions, you will end up travelling on with them in future, meaning you’ve got some company for the long journey’s ahead!

 

Savvy Thinking

Considering little ways to make the overall trip cheaper is the best way to keep the trip constantly affordable and have some spare money for any emergency. Booking overnight trains to save on accommodation might seem uncomfortable but with the right travel pillow you’ll be able to save some money long term. Using a travel card is another savvy tip to ensure you finances are safe and you get a better exchange rate. it’s best to take fitness clothing or something comfortable you can wear on a train.

 

Don’t take more than you need

The key to solo travelling is to travel light, taking with you only the necessities. Many travellers prefer to carry a backpack where they can fit their clothes, toiletries, spare sleeping bag and anything else they may need. This way, you’re limited with what you can fit, meaning you’re almost forced to travel lightly. If you purchase something and don’t have the room to bring it home, then why not post it? Many travellers come across items they’d like to take home with them and end up sending them back home to a relative to keep safe upon their return.

 

Forward-thinking

For countries such as America, you’ll need to apply for an ESTA, giving you up to three months travel without needing a Visa. A similar program is available in the UK, with their Visa Waiver system. However, if you intend on a longer stay, then it may be worth looking into how to apply for British citizenship. Visa policies vary from country to country, you’ll need to do some research into the countries you are visiting and establish what documents you may need before you travel.