{"id":7230,"date":"2019-07-02T11:47:55","date_gmt":"2019-07-02T10:47:55","guid":{"rendered":"https:\/\/www.emagister.co.uk\/blog\/?p=7230"},"modified":"2019-07-25T11:26:43","modified_gmt":"2019-07-25T10:26:43","slug":"5-skills-youll-need-to-succeed-in-international-business","status":"publish","type":"post","link":"https:\/\/www.emagister.co.uk\/blog\/5-skills-youll-need-to-succeed-in-international-business\/","title":{"rendered":"5 skills you\u2019ll need to succeed in international business"},"content":{"rendered":"

One common mistake is to think that international business relationships are only meant to big, multinational corporations. These aspects can be daily used by small companies or even independent worker<\/a>, but it’s mandatory to know some principles in order to be ready to face this world.<\/p>\n

International business relations, as we mentioned, aren\u2019t just part of big companies. For example, an English man who hires a web developer in Argentina, or someone who produces its clothing in the Spanish market, is also doing this type of business.<\/p>\n

This is the main reason for having agreements between countries, since it\u2019s a need to those who are willing to work with it.<\/p>\n

In this article we want to give you some information about the skills you need in these activities, in order to boost your abilities. Learn 5 of them:<\/p>\n

Languages: English and Spanish<\/strong><\/h2>\n

Every language you speak counts, but it\u2019s also important to know that out in the market there are two languages that are highly demanded and spoken around the world: Spanish and English.<\/p>\n

Since you\u2019re an English speaker, you\u2019re half way there. This is why you will need to learn Spanish. This includes both written and spoken. This will open new doors and will let you negotiate with people around the world.<\/p>\n

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Foreign exchange knowledge:<\/strong><\/h2>\n

It isn\u2019t necessary to be an expert in the sotck market, but you should know the values of the currencies you work with to detect possible business opportunities.<\/p>\n

The value of money is variant and fluctuates a lot between countries, so being aware of these changes will help you improve your margins and profits.<\/p>\n

For example, if you have a web development and SEO positioning company aimed to Norwegian companies that want to enter the Spanish market, you\u2019re paid according to the cost of living in Norway, which can represent a higher income rate than in your country.<\/p>\n

At the same time, you delegate the creation of the web to a good designer in Mexico. You will pay him in Euros, with a higher value than the Mexican peso. So the currency exchange will mean a very decent salary for your designer and an affordable cost for you.<\/p>\n

This is an example of how your knowledge of languages \u200b\u200band currencies has been useful for international business, adding value to companies from different countries and to you.<\/p>\n

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Who should you buy and sell?<\/strong><\/h2>\n

In this question lies the possibilities of success. For this we must deal with two concepts:<\/p>\n