You're ready to take the plunge: a foreign office. Or maybe this is your 25th such launch. There's a lot to be said for getting on a plane and walking the streets for a week, if you don't already know the city in which you're about to invest. Think about where you live now. Where would a foreigner likely think to lease first? And how much of a mistake would that be? Yep, now you're that person. You'll need to know some basics before even buying the plane ticket. Here's a good start that will get you to the moment start really knocking on the pipes at your new corporate digs:
The best contacts and resources to help you get it done
New in town? Or testing the waters?
Opening your first foreign office can be a big step and costly if you have to retreat. Several agents have sprung up to serve the temporary market or for companies seeking space.
I recommend: Regus and
Office General are good sources for short-term space on a global basis.
Go virtual
Do you need a full-blown office? If you are running a "street on the feet" sales operation, chances are a virtual office will do the trick until you grow.
I recommend: Stratis can arrange computer connections, phones, receptionists, a mail drop and any number of short-term spaces for sales people on the move during the day.
Business Meeting Places (both units of Regus) offers alternatives to a pricey hotel board rooms.
Hire local talent
Any major world financial or political capital will have an active office market, and a thriving commercial real-estate culture as well.
I recommend: OfficeFinder connects you to local agents depending on geography. If you have time, build contacts first through the
American Chambers of Commerce; no one will know local property better than in-country members. Join the chamber, too, of course.
Get a big gun
Most of the major U.S. commercial agents now operate foreign offices. If your needs are complex or require very specific locations (say, in the financial district), they'll have the resources and know-how.
I recommend: Some of the largest include
Jones Lang LaSalle,
NAI Global,
CB Richard Ellis,
Colliers International,
Cushman & Wakefield and
Trammell Crow.