Fail in foreign trade - Ten ways to waste money abroad: The first case

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Fail in foreign trade - Ten ways to waste money abroad: The first case

An article of InterGest, partner of ti communication

Prof. Peter Anterist is CEO of the international trust company InterGest, which supports export-oriented companies at over 50 locations worldwide. He holds a law degree, which he obtained from the Johann-Wolfgang-Goethe University inFrankfurt/Main in 1999, where he studied law subsequent to studying business management in Saarbruecken. Prof. Peter Anterist regularly lectures as visiting professor on international management at the Central University of Finance & Economics (CUFE) in Beijing.

Abroad, medium-sized buisnesses are not always spoilt by success. Peter Anterist, CEO of the worldwide operating trust company InterGest, describes „ten most popular business failures of SME‘s to lose money abroad“. In times of harsh markets related to our difficult economy, those in businesses especially who own small businesses want to save themselves from making a financial mistake.

Anterist, whose company is accompanying medium-sized businesses for 40 years now, does not want to make up or satirize anything. It is not the entrepreneurial negligence which leads to possible finanical mistakes. Mostly, it is the absolute success within a country which leads to self-made and unquestioned decisions in foreign trade. Often, the decision making can lead into the wrong direction because of incorrect assumptions."Every described incident is based on inspiration from true stories. However, people and products which are analysed in the given texts are completely fictious."

Fail in foreign trade - Ten ways to waste money abroad

The purpose of this blog is to point out the ten best ways of failing splendidly and wasting untold quantities of money abroad within the following months. Of course, there are plenty of other ways to secure one‘s own defeat, but these are the ones that work best.

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