GALA conducted an interesting study and announced the results at the Networking Days 4 Paris in March. The focus of the survey is on members who have already embarked upon this US voyage of discovery.
A total of 53 member companies from 27 countries participated in the survey. The largest component was from Europe (56%), with Spain (14%) the leading country. Spain was followed by China (8%), with UK, Italy and India all contributing 6%. There were also contributions from the Middle East, and Central and South America.
The results from the survey show that a high proportion of companies that have gone all the way have achieved success and are now well and truly established in the US market.
Most of the respondents (63%) have been in business for over ten years and it is probably quite natural when you have been around that long that you have succumbed to the urge or been driven by customers to operate in the US. Either way, sooner or later most of us will have to consider whether we wish to enter and develop a new market to continue to grow our businesses.
In summary, most respondents found access to professional advice in the US good and found the regulations easy to understand; where there was little effective support it was in their home country.
* Source: http://www.gala-global.org/
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