While crowdfunding (through platforms like CFI - CrowdFunding Incubator LLC, Kickstarter, IndieGoGo, and others) is providing some exciting domestic relief for startups, early-stage entrepreneurial ventures and small businesses, troubled companies, turnarounds and organizations emerging from bankruptcy or domestic failures are turning increasingly to overseas markets for investment capital and for newer, less risk averse consumers (as well as licensees, franchisees and co-venturers).
The markets being targeted by these more 'advanced case' US firms are in China, Korea, Southeast Asia, India, Brazil and some of the emerging nations principally in South and Central America, whose economies have been traditionally unstable, but are reaching a state of viability.
These US-based pioneers are being assisted in their efforts by such global consulting firms as ICS - International Connection Services, and Global Edge Technologies Group which are familiar with all of the significant aspects of global trade and worldwide capital markets, as well as with the proper way to clear the path to growing internationally.
A recent article extract which appears courtesy of the SmartBrief Newsletter brings a specific example up as a case study:
A burger company's post-bankruptcy rebound
Fatburger CEO Andy Wiederhorn has been able to get his hamburger business back on track after resorting to bankruptcy filings for two of its subsidiaries. The restaurant company has been able to reduce its debt and move to a franchise model. It has also become active in overseas markets, where more capital is currently available. Entrepreneur online/The Daily Dose blog (1/4)
Expect this trend to continue through the year, with increases in these types of ventures as US conventional capital markets remain rather unforgiving and lending-averse.
Thank you for reading me, re-tweeting me and following me (but not everywhere!),
Douglas E. Castle for The Internationalist Page Blog, The CFI - CrowdFunding Incubator Blog and for The Global Futurist Blog.