To ensure a smooth expansion, businesses must understand local compliance rules, choose the right legal structure, and align with tax regulations. Choosing the right business structure How a company is structured in a new market affects everything from taxation and liability to operational flexibility and ownership rights. Businesses typically choose between establishing a subsidiary, branch […]
What are the benefits of global talent acquisition? Global talent acquisition is a strategic process that involves identifying, attracting and recruiting qualified candidates from a variety of geographical locations to meet an organisation’s needs. It is not just a passing trend, but an essential capability for organisations seeking to succeed in a rapidly changing marketplace. […]
This guide explores the key considerations for global expansion, helping companies navigate everything from setting up operations to managing financial and legal risks. We’ll also provide insights into country-specific regulations and best practices to ensure a smooth and compliant market entry. Navigating legal and regulatory compliance One of the first steps in global expansion is […]
What is global mobility? Global mobility refers to the movement of employees across international borders for work purposes. This practice not only enhances a company’s competitive advantage by tapping into a wider talent pool and market opportunities, but also fosters cultural exchange and innovation within the company. For employers, global mobility requires activities related to […]
The Omnibus proposal is part of a broader agenda aimed at enhancing the EU’s competitiveness and promoting sustainable economic growth. The underlying goal is to create a more favorable business environment, particularly for small and medium-sized enterprises (SMEs), which often find regulatory burdens overwhelming. The proposal includes substantial changes to the Corporate Sustainability Reporting Directive […]
The VSME is a clear and flexible reporting framework that helps companies get started with sustainability reporting. It also meets the needs of companies’ stakeholders: the standard is designed to address the sustainability-related information that, for example, financiers and business partners most frequently request from companies. How to report? There are two options for VSME […]
Business challenges in the renewable energy sector Renewable energy companies encounter several hurdles that can impede their growth and efficiency. For instance, Job costing process can be difficult and time-consuming. A solar installation company might spend weeks calculating costs for materials, labor, and overhead, leading to delays in project initiation and potential loss of contracts. […]
Innovative solutions for complex challenges Quanscient‘s solutions provide customers with highly scalable simulation capabilities, significantly reducing the time needed for solving complex multiphysics simulation problems. With its strong research and development team, Quanscient has always believed in its value proposition and technology foundation. As the company has entered the growth trajectory – with more customers […]
1. Get to know your processes like the back of your hand Before implementing any new technological solutions, such as AI or automation, you must first understand your existing processes and workflows. Identify repetitive tasks, inefficiencies, and pain points that AI or automation can improve. By identifying inefficiencies, you can make informed decisions about where […]