Category: SMG Consulting Services

Expanding to Latin American Markets Brings Heavy Risks and Rewards

If you’re looking for new markets to do business, consider Latin America. Now you might have heard some bad things about Latin America, with the idea that it’s too risky, but you have to remember with risks come rewards. What are some risks of doing business in Latin America? Corruption There is some corruption in… Read more »

Why Due Diligence in Latin America is Crucial  

Have you heard of the term “due diligence?” It’s the investigation of care that a reasonable business (or person) is normally expected to take before entering into an agreement or contract with another party. Typically, due diligence concerns making an informed decision thanks to quality information found out, including costs, benefits and risks. Do Your… Read more »

Notable Business Risks in Latin America

What are some of the risks of doing business in Latin America? There are the bigger, global issues such as cybersecurity/data fraud and terrorist attacks. Then there are the more local Latin American problems, such as political and economic structural risks. What are the key risks in Latin America? The top risk is failure of… Read more »

Things to Know About International Asset Searches

We live in a global society where people or entities can hide assets anywhere. What are some things to know about international asset searches? Team of Professionals Work On Your Behalf Searches typically involve a team of investigative, legal and financial professionals seeking information on your behalf. They often deal with off-shore holdings, money laundering… Read more »

Things to Consider When Selecting a Business Consultant for Latin America Expansion

Are you interested in expanding your business into Latin America? Before you do, you should strongly consider bringing a business consultant on board to help you make the transition. Ideally, you should look for someone who has helped other American companies establish themselves in Latin America. It’ll increase the chances of your expansion being a… Read more »

Why Culture is Paramount When Doing Business in a Foreign State

Are you thinking about expanding your business into a Latin American country sometime soon? Before you do, take some time to consider how culture is going to impact the way you do business in this country. If you don’t take the culture into consideration, you could start things off on the wrong foot and cause… Read more »

What Are the Risks of Doing Business in Latin America?

Are you looking to expand your business into a new part of the world? Setting up shop in Latin America could provide a glorious new opportunity for your business. However, before you take the leap of faith and do it, you should consider some of the risks that could potentially come along with doing business… Read more »

Tips For Doing Business in Latin America

You’ve heard the term Latin America, but what does that exactly mean? Latin America is a group of countries and dependencies in the Western Hemisphere where Spanish, French and Portuguese are spoken. The term first became popular in the mid-1850s, encompassing areas from Mexico all the way down to the bottom tip of South America…. Read more »

How to Mitigate Your Risk While Doing Business In Latin America

If you plan on doing business in Latin America, it’s important for you to do your due diligence and investigate everything from the employees you hire to the companies you work with in order to avoid a disaster. Business is done much differently in Latin America than it is done in the United States, so… Read more »

The Importance of Businesses Doing Due Diligence in Latin America

In an ideal world, there would be no corruption or bribery in business matters. However, we live in an imperfect world, and for some places and some people, corruption and bribery are the norm. If you’re a business that’s wanting to do business in Latin America, then it’s important you do “due diligence” before you… Read more »