Business Assistance
Assistance in Business Expansion
Companies seeking to expand their business need a variety of services in order to accomplish their goals. For many companies these goals are not easily attainable without assistance from other sources; this is where establishing a partnership or alliance becomes a benefit.
There are many opportunities that a partnership can contribute to a company that is looking to expand internationally. Depending on the program, a partner can help companies build their network, assist in cultural integration, provide a space to work or set a company up with facilities for research and product development.
Whether expanding domestically or internationally, a company benefits from testing and demonstrating their product to the market. Validating technology concepts before they reach the market is a critical step for the industry and can be done by university researchers as third-party validation. Assistance with development may be needed, either in the form of a university partner or a private company who can aid in the process.
Once the evaluation has been accomplished, the next step is to demonstrate the technology by having a pilot site operational in order to have a place to bring potential customers or partners. Ideally, a solid business plan would be in place by this time.
Read more about product testing and development in our blog The Stages of Product Development and Testing.
A company may need capital investment in order to carry out expansion plans – so access to the local funding community, as well as regional sources, is a must. A formal launch or other events to recognize the readiness of the product to enter the market is also a good idea in order to create a buzz.
The company needs a location from which to operate, and eventually may need a site for manufacturing, or even a contract manufacturer. These decisions require research and a trusted partner who can ease the burden of conducting research, comparing options, and making an educated decision.
Why Choose Global Advantage?
Global Advantage provides a university connection to the University of Arizona, a top research institution, as well as a consortium of trusted partners who can aid in testing, evaluating, and demonstration. Our customized business approach can also provide assistance with business plans, market analysis, and marketing plans.
Our business services also include introductions in the community for funding opportunities, assistance with event planning, access to office space, assistance with due diligence, and a range of services offered by our network of trusted partners. These services include design and engineering services, equipment testing, custom industrial fabrication and designing manufacturing lines, innovative electronics and structure solutions, as well as advanced manufacturing services in low-cost Mexico. We also offer energy services and utility infrastructure with low cost and high power reliability.
Companies who need to relocate may need additional services, such as language and acculturation; international banking; and legal services such as immigration, business formation, international trade, intellectual property protection, and private placements. Through our unique partnership, Global Advantage can offer all necessary services needed in order to relocate to Southern Arizona and launch or expand their business.
Citations
Tucson Startup Ecosystem Guide
