Running a “Multi-National” Business from Your Laptop

It’s finally upon us – and has in fact been upon us for quite a while now – the age when it’s totally possible to run an entire “multinational” business from a mere laptop. More people are doing it than you may be fully aware of and it’s a particularly common practice among those businesses which don’t rely too much on on-site, physical man-power. Thanks in large part to the internet, you may be sitting in one country just marvelling at the global footprint a certain multinational business seems to enjoy, yet if you were to physically follow the path of their production line, you’d be quite shocked or even delighted to learn that it’s something you could very well be doing yourself, on your own at that.

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So what does it take to operate a “multinational” business or company from your laptop? Here are a few essentials:

The Business Offering

This doesn’t perhaps have to be the very first element to think about, believe it or not, quite simply because a lot of businesses are often born out of the identification of a gap in the market while the founding entrepreneur is trying to cater to a totally different market demand. Just to make the simplest of examples, in trying to import some goods from another country and perhaps sell them before they officially make their debut in your own home country, or even your home town, you could perhaps have spotted a gaping hole in the drop-shipping or global shipping market, pointed out by some potential buyers of those products who don’t have access to the regular payment facilities exclusively offered by the suppliers who sell all those goods they’d otherwise love to purchase. Therein could be something like a re-shipping business discovered by accident while you were perhaps merely just trying to target your own local market.

So the business offering (what your business is all about) is great to have up-front, but if you discover it as you go along, that’s perhaps even better.

Logistics

One key strategy that business owners are adopting in order to streamline operations and enhance efficiency is outsourcing logistics and shipping to third-party providers. By entrusting these critical aspects of their supply chain to experts, entrepreneurs can focus on core business functions, making use of the expertise of logistics professionals who specialize in navigating international shipping, customs, and distribution. This approach not only reduces the burden on the business owner but also ensures that products reach customers seamlessly, thus creating a positive customer experience and improving the company’s global reputation.

For those steering the helm of multinational ventures, the integration of robust enterprise resource planning (ERP) systems has proven instrumental in orchestrating these complex logistics endeavors. NetSuite ERP and other similar tools tend to offer a comprehensive suite of resources to manage diverse business processes from a unified platform. Incorporating these systems is likely to ease the flow of operations, no matter where you are located.

Maintaining Security

Running a “multi-national” business from your laptop offers unparalleled flexibility and accessibility, but it also demands rigorous attention to data security. With operations spanning across borders and time zones, ensuring the confidentiality and integrity of sensitive information is paramount. Implementing robust data security measures becomes crucial to protect against cyber threats and data breaches.

An integral aspect of maintaining data security in this scenario is adopting comprehensive solutions such as hybrid cloud security or something just as robust. These solutions provide a secure and flexible framework for managing and protecting data across various geographical locations while enabling seamless collaboration and access. By investing in the right tools and practices, you can confidently navigate the global business landscape, knowing that your data remains shielded from potential risks.

An Online Presence

Your online presence is perhaps the most important element of operating a global business from your laptop because this is what brings all the customers, possibly from all over the world. This is where your prospective clients get to find out about what you have to offer and it’s increasingly becoming about whether or not you can deliver what you promise as opposed to what qualifications you hold, or the qualifications of any members forming part of your business operation.

Moreover, with constant access to the internet, you can run your business from anywhere while handling a majority of office functions online. You can easily access business data, financial and accounting records as well as keep an eye on the functionality of office equipment working within office premises through your laptop. All this can be achieved due to the automation of business Facilities Management. In addition to all this, now business can sell products and provide their services online as well.

A Global Physical Presence

This is perhaps the hardest part of the equation, or so people think because it’s actually not that difficult to establish a global physical presence. Serviced offices like BE Offices for instance, instantaneously give you a physical presence in prestigious business hubs, which in this instance is in London. There are similar services for locations all over the world, which would make for great places for meeting those old-fashioned clients who insist on doing business the old way, if that is indeed part of what your business offering is. Otherwise having a perceived global presence in this way, legitimised by the fact that the offices are serviced of course, can often mean the difference between getting that much-needed business you seek online and having a prospective client overlook your offering in favour another provider.