When and how should startups plan their international expansion in 2025? Insights & Tips
Deciding to expand your startup internationally can be one of the most exciting — and challenging — milestones in your entrepreneurial journey. From navigating new markets to understanding cultural nuances, going global requires strategic thinking, meticulous preparation, and the right support network.
Here's how you can determine when to make the leap and how to ensure everything is ready to go international.
When is the Right Time?
Timing your international expansion can make or break its success. Here are some key points to see if your startup is ready:
1. Strong Base
Ensure your current operations are solid and scalable. A stable home foundation means you can allocate resources to tackle international challenges without risking your local market.
2. Market Demand
Research your target markets thoroughly. Are there gaps your product or service can fill? Engage early with potential customers or industry experts in those markets. For example, RUNEASI, a Belgian sports technology startup, recognised that most R&D centres for their industry were in the US. This prompted them to target the American market early, seeing it as critical for growth and global validation
3. Financial Backing
Expanding internationally is resource-intensive. From regulatory compliance to hiring local talent, ensure you have the financial runway to support the move and make sure at least one of the founders is open to travel very regularly. Leveraging support from accelerator programs or public initiatives can ease the financial burden.
Practical Steps to Go Global
Once you’ve decided to expand, it’s time to take action. Here’s what successful entrepreneurs that have done it advise:
- Local Expertise is Key
Work with local experts who understand the culture and regulations. Whether it’s hiring a country manager or teaming up with distributors, this knowledge will help you avoid costly mistakes. - Digital Marketing for a Global Audience
Build your brand in new markets before you even launch. Use targeted ads, create content in the local language, and focus on inbound marketing to generate interest and leads. - Adapt Your Product and Pricing
Make sure your product meets local standards. Hardware might need certifications, while SaaS pricing should reflect local budgets. Research is crucial to get this right. - Leverage Your Community
Programs like Start it @KBC connect you with a network of mentors, alumni, and experts. This support can give you access to funding, partnerships, and invaluable advice for entering new markets. - Be Present
Digital tools help, but there’s no substitute for showing up. Meeting your first clients or distributors face-to-face builds trust and gives you insights you won’t get from afar.
Learn from Real-Life Examples
Take inspiration from Frolight, which tailored its approach to each market. They hired local salespeople in France and a US-based freelancer to build strong local connections. This strategy helped them scale quickly and provide tailored customer support.
Mistakes to Watch Out For
Going global is exciting, but there are common pitfalls to avoid:
- Cultural Missteps: Business norms vary by country. Take time to learn local customs and communication styles.
- Legal Oversights: Protect your intellectual property and make sure your contracts are watertight.
- Pricing Errors: Charging too little can make you seem unreliable while charging too much might scare customers away. Research the market carefully.
Community Support Matters
Expanding internationally can be overwhelming, but you don’t have to do it alone. Startups in the Start it @KBC community gain access to mentors and alumni with global experience, connections to funding and market insights, and credibility that opens doors with international partners.
Taking your startup global isn’t just about increasing revenue—it’s about unlocking new opportunities, learning from diverse markets, and establishing your brand as a global player. With the right timing, strategy, and support, the possibilities are endless.
Ready to expand? Let the Start it @KBC team help you make it happen—reach out today and take the first step toward international success!