Don’t Expand too Soon or in the Wrong Location

Don’t Expand too Soon or in the Wrong Location

Premature scaling is a problem that affects 70% of companies and contributes to the failure of 74% of tech startups. The technology industry offers many exciting prospects for startups with unique business prospects and solid products and services. The main goal of High-Tech startups is growth, scale, and global expansion. It’s important to expand at the right time in the right location.?

Successful technology companies have innovative ideas that are relevant to society. Tech startups have a long-term commitment to drive the business forward and compete and thrive in the marketplace.?

As demand for new technologies continues to grow and digital jobs and online markets continue to grow, the mass of High-Tech companies continues to grow. The question is:?when is it the right time to expand and what global regions should we expand into???

APAC is gaining the attention of many High-Tech startups that are funded and know that the fastest growing economy with serious tax and business incentives and a business friendly environment are great reasons to consider APAC. But when is the right time to land??

Normally, we see companies come in after their B funding rounds, when they have the funds to successfully finance a land and expand strategy. Another driver is that global expansion is oftentimes a requirement for more aggressive funding rounds.?Once you have made the decision to land into APAC. It’s important to have everything set up as cost effectively as possible. This includes corporate setup, location, placement, strategic partners & vendors just to name a few. This will allow you to quickly expand your company’s?activities to serve more markets and more customers for faster expansion and quicker growth.??

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