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PARTNERSHIP WITH FOREIGN COMPANIES. David Banks, 2009. PARTNERSHIP WITH FOREIGN COMPANIES. SESSION 6 Friday 20 th November 2009 11:30 - 13:30h. PARTNERSHIP WITH FOREIGN COMPANIES. PARTNERSHIP WITH FOREIGN COMPANIES. BENEFITS Technology Market Management Skills Finance COSTS
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PARTNERSHIP WITH FOREIGN COMPANIES David Banks, 2009
PARTNERSHIP WITH FOREIGN COMPANIES SESSION 6 Friday 20th November 2009 11:30 - 13:30h
PARTNERSHIP WITH FOREIGN COMPANIES PARTNERSHIP WITH FOREIGN COMPANIES BENEFITS • Technology • Market • Management Skills • Finance COSTS • Control • Ownership TYPICAL PARTNESHIP • Foreign: Costs and Taxes • Macedonian: Markets, Technology, Managements, Finance • Think it out in advance
WHAT THE SME NEEDS TO DO PARTNERSHIP WITH FOREIGN COMPANIES • Develop a profile of the company • Identify what it want and has to offer • Ideas on form of partnership • Prepare Promotion Material (PowerPoint) • Circulate to contacts and IM network • Be willing to travel
COMPANY PROFILE PARTNERSHIP WITH FOREIGN COMPANIES COMPANY • Ownership and Management • Address and Contact details • Location (distance from Skopje airport) • Contact person and contacts details • Web address • Turnover • Profitability
COMPANY PROFILE PARTNERSHIP WITH FOREIGN COMPANIES ACTIVITIES • Products • Production and Warehousing Facilities • Packaging and Distribution • Employees (number and salaries) • Product Development Capacity • Internationally recognized quality marks (e.g. ISO) • Photos
COMPANY PROFILE PARTNERSHIP WITH FOREIGN COMPANIES MARKETS • EU and % • Export (country and EU) • Domestic • Marketing and Sales Capacity • Channels to Market
COMPANY PROFILE PARTNERSHIP WITH FOREIGN COMPANIES • WHAT THE COMPANY HAS TO OFFER TO A FOREIGN PARTNERS • WHAT THE COMPANY IS SEEKING FROM A FOREIGN PARTNER • NATURE OF RELATIONSHIP SOUGHT (e.g. JOINT VENTURE, SUB-CONTRACTING, TECHNOLOGY)
NEXT SESSION STARTS @ 15:00h LUNCH BREAK 13:30-15:00h NEXT SESSION: ROADMAP Presented by: David Banks Guestspeaker: Kalin Babusku Export Macedonia