This week on AIBF Business Talk, AIBF CEO Elaine Carroll chats with Lorna Ferrie, Legal & Compliance Director at Mauve Group, on the ins and outs of international business expansion ๐. This episode dives into compliance, cultural awareness, and strategic solutions to global challenges. ๐
๐น Cultural Awareness & Employment Laws: Lorna breaks down the pitfalls of assuming business models and HR policies work everywhere. From communication styles to labour laws and collective agreements, cultural alignment is essential for success. ๐ฃ๏ธ๐
๐น Employee Misclassification: Misclassifying workers as contractors can lead to hefty penalties, especially in regions with stringent laws like Europe and Latin America. Ignorance here isnโt blissโitโs expensive! ๐ธโ๏ธ
๐น Global Expansion Strategies: Lorna advises on research, localised marketing, and strong risk management to dodge pitfalls like economic volatility or cyber threats. ๐๐
๐น Employer of Record: Simplify compliance by partnering with experts who handle payroll, visas, and labour laws, saving time and resources. โ
๐ผ
๐น Remote Work Realities: Remote policies arenโt just practicalโtheyโre essential to avoiding legal troubles around permanent establishments. ๐๐
Tune in for practical insights to grow your business while staying globally compliant! ๐โจ
This is the third in a series of podcasts in conjunction with the Mauve Group exploring the area of Internationalising SMEs โ Current Practices, Barriers, and Opportunities.