IRVINE, Calif.--(BUSINESS WIRE)--Edwards Global Services, Inc. (EGS), a leader in global business expansion and franchising, has released its end-of-year GlobalVue™ report, which ranks the best countries to do business in. Since 2001, this report has provided growing brands with the analytics and resources to make educated global expansion plans. The 2019 GlobalVue™ ranks 50 different countries across 10 different business parameters—taking into consideration a multitude of factors, including:
- Projected 2020 gross domestic product (GDP) growth
- Market size
- Legal concerns for international brands
- Ease of international brand entry
- Ease of starting a new business
- Corruption index
- Political situation
- Economic factors
- Investment risk level
With these factors in mind, Ireland was ranked the best country to conduct business and expand into in 2020. Other top-ranking countries include New Zealand, Canada and Taiwan, with the lowest-rated countries being Brazil, Russia and South Africa, due to their corruption index and other economic factors.
“Some brands jump on the international expansion bandwagon before they’re ready, leading to costly mistakes or failure,” said Bill Edwards, CEO of EGS. “They often don’t understand that going abroad requires a higher level of insight and support to ensure success. Additionally, not every country is a fit for every brand – it’s crucial to fully understand the politics, market and economics of countries your brand is considering growing into.”
The EGS GlobalVue™ country ranking analysis is released twice a year and is based on recent political activities in countries, feedback from in-country EGS GlobalTeam™ members around the world and continuous review of over 25 international information sources. With this insider information, the GlobalVue™ report is one of the most reliable and accurate international market evaluation reports.
To learn more about EGS’s GlobalVue™ report, visit: http://edwardsglobal.com/.
About Bill Edwards and Edwards Global Services: William “Bill” Edwards has 45 years of international experience, doing business in such areas as China, the Czech Republic, Hong Kong, Indonesia, Iran, Turkey and all over the U.S. He has directed projects in 68 countries and is known as a guru of global business, frequently speaking on the topic of the challenges, pitfalls and opportunities of international business expansion. Edwards has worked with multiple Fortune 100 companies to help them enter new markets with the analysis, wisdom, foresight and strategy to maximize success. He has a deep respect for other cultures and their business customs, and loves helping businesses realize their full potential on the global stage. Edwards Global Services (EGS), founded in 2001, has assisted more than 30 U.S. businesses in the educational, retail, restaurant and service sectors in their international development in Asia, Africa, Europe, Latin America, North America and the Middle East. Edwards has established a set of trademarked processes and procedures to help his clients gain a competitive edge when looking to expand internationally, which he calls Going Global. His methodical and deeply informed approach is the secret to his overwhelming success. The EGS GlobalTeam™ are on the ground in over 30 countries to help U.S. franchisor Clients succeed. For more information, visit www.edwardsglobal.com.
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