"My business is ready to expand. Are my people and systems?"

 

Where in the world do we need to be? What will my new customers, suppliers and business partners expect? Do we have the human resources to make it happen? What happens if we don't expand? What are our competitors doing? Should we invest more in the domestic market instead? Can I still control the company as we grow bigger? Who can tell me the tax and legal requirements in another country?

 

The time has come to expand…this could mean increasing your product range, your customer base, exporting overseas, your scale of operations or changing to a more cost effective supplier. As an entrepreneur if you aren’t worried about; whether you can manage the effect of these changes with your current accounting systems; financial reporting; the competency of your finance team or the tax and legal framework in the new market – but then who is?

 

Grant Thornton Vietnam can provide an insight into the implications of expansion on your accounting, management and tax reporting requirements and identify those areas where your systems need improving to cope with expansion either overseas or domestically.

 

Read more here...