Global Readiness Test

Answer the following 15 questions to understand to what extent your company is ready to enter the trillion dollar international marketplace.

It's FREE of charge! Limited time offer!

Please note: The information contained in this survey should not be solely relied upon for the purposes of making a final business decision. It is general information only. You should consider your own personal circumstances, financial position and objectives before making any decisions. You can read about our Privacy Policy here.

1. How long have you been in business?: select...< 3 years3-10 years> 10 years

2. How established is your brand in your local/domestic market?: select...Well KnownSomewhat KnownNot Well Known

3. How extensive is your current domestic sales outreach?: select...Sell to a large customer base throughout the countrySell to a large regional customer base domesticallySell to a large local customer baseSell to a few regional/national customers domesticallySell to a few local customers

4. Have domestic sales of your company’s product or service grown over the past 3 years (average per year)? If you’re new in business, choose 0 and go to the next question.: select...0-5%5-10%10-20%>20%0%

5. What is your anticipated sales growth in the domestic market within the next 3 years (average per year)?: select...0-5%5-10%10-20%>20%0%

6. What is your current market share domestically?: select...0-5%5-10%10-25%25-50%50-99%100%, my product/service is innovative and creates its own market.

7. Is growth a part of company philosophy? Are all stockholders and decision makers committed to it?: select...Yes, everyone in the company is highly committed to long-term growthGenerally yes, but there may be some resistance to growth and changeGenerally no, but some key stockholders and decision makers are committed to growthNo, all stockholders and decision makers are satisfied with current market share and revenues

8. Do you have surplus production capacity or available specialists to meet increased demand for your product or service?: select...YesNo, but I can expand my production capacity if return is highNo, and I am not willing to expand

9. Have you ever considered international expansion as a way of growth and increasing revenues?: select...Yes, and I am interested in itYes, but I decided not to expandI have never considered the option before, but I would like to learn more about it

9.1. If you chose option 1 on the question #9, what are the reasons for you to consider the international expansion?:

9.2. If you chose option 1 on question #9, do you know where exactly and how much product/service you want to sell?: select...I know exactly where and how much I want to sellI am not sure where to sell my products or services, but I know how much I wantI know where to sell my products or services but I am not sure how much I wantI don’t know where or how much I want to sell

9.3. If you chose option 2 on question #9, what do you think are the most important factors which stop you from doing business internationally?:

Language barrier

Cultural barrier

Cost of expansion and increasing our production capacity to meet the new demand

Competition in foreign markets

Knowing international business law

Experience in international trade practice, including pricing, terms of delivery and payment

Target country and market differences other than language and culture

Lack of sources of information on interested topic, or an overload of information

Lack of time to prepare for international activity

Lack of employees who are skilled in international marketing and trade

Resistance from employees or stakeholders

Other, please specify in question #14

10. Have you ever received inquiries from abroad?: select...Yes, we receive more than 10 inquiries per monthYes, we receive less than 10 inquiries per monthOccasionally we receive some foreign inquiriesNo, we have never received foreign inquiries

11. Are you willing to accept making changes in current products or services according to differences and requirements of foreign consumers?: select...Yes, and I know how exactly it needs to be changedYes, but I don’t know how exactly cultural and market differences will impact my products or servicesNo, changes will be costly for meNo, changes are not applicable in my case

12. What do you think about return on investment (ROI) in international business?: select...Return is considerably higher than investmentReturn is somewhat higherReturn is more-or-less equal to investmentReturn is less that investment

13. How much time are you willing to wait for positive results in international expansion?: select...1-6 months6-12 months12-24 months24-60 monthsI want immediate results

14. Comments, additional information:

15.

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