---
title: Considering Global Expansion? Now Might Be Your Best Opportunity.
description: Global business creation is exploding. Now's the time to onboard talented contingent workers & put your global expansion strategy to good use
image: https://blog.innovativeemployeesolutions.com/hubfs/Imported_Blog_Media/Considering-Global-Expansion_800x500-11_23_2021.jpg
---

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November 23, 2021

# Considering Global Expansion? Now Might Be Your Best Opportunity.

Written by: [Innovative Employee Solutions](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/author/innovativeemployeesolutions)

### With global business creation exploding, now could be the perfect time to onboard talented contingent workers.

If necessity is the mother of invention, then innovation is the child of adversity. Perhaps that’s why we saw an explosion of new businesses in 2020 despite a global pandemic and coronavirus-induced recession. After an initial decrease in new business applications in the United States between March and May, applications climbed to an [all-time high](https://www.nber.org/papers/w28912) in July and remained strong throughout the rest of 2020, according to the National Bureau of Economic Research. McKinsey & Co. reports that in the third quarter of 2020 alone, we saw [more than 1.5 million](https://www.mckinsey.com/featured-insights/leadership/the-next-normal-arrives-trends-that-will-define-2021-and-beyond) new business applications.

The benefits of global expansion often outweigh the potential risks when you know how to minimize them. So how can you build a global workforce without endangering your company?

 

## Read the [full article in Entrepreneur.com](https://www.entrepreneur.com/article/395645) for a three-pronged global expansion strategy.

 

Written By: Jenna Meyerson, Global Services Manager at IES

Jenna Meyerson is the global-services manager at Innovative Employee Solutions (IES), a leading global employer of record in more than 150 countries that specializes in payrolling and contractor-management services for today’s contingent workforce.

[![Global Workforce Flyer with Girl and Global Map Behind her](https://blog.innovativeemployeesolutions.com/hs-fs/hubfs/Imported_Blog_Media/IES-Global-Workforce-Solutions-Flyer_1_Page_1-786x1024-1.jpg?width=874&height=1139&name=IES-Global-Workforce-Solutions-Flyer_1_Page_1-786x1024-1.jpg)](https://blog.innovativeemployeesolutions.com/hubfs/Imported_Blog_Media/IES-Global-Workforce-Solutions-Flyer_1_Page_1-scaled-1.jpg)

Tag(s): [payrolling](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/payrolling) , [Global Employer of Record](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/global-employer-of-record) , [contingent workers](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/contingent-workers) , [Blog](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/blog) , [HR](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/hr) , [EOR](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/eor) , [Human Resource Management](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/human-resource-management) , [culture](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/culture) , [Business](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/business) , [Compliance](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/compliance) , [Global EOR](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/global-eor) , [Technology](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/technology) , [Employer of Record](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/employer-of-record) , [Recruiters and Staffing](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/recruiters-and-staffing) , [global](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/global) , [Independent Contractors](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/independent-contractors) , [Human Resources](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/human-resources) , [3 Lessons to Take Away From the Vox Employee Miscl](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/3-lessons-to-take-away-from-the-vox-employee-miscl) , [Global Expansion](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/global-expansion) , [Global Workforce Solutions](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/tag/global-workforce-solutions)

## [Innovative Employee Solutions](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/author/innovativeemployeesolutions)

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## [payrolling 8 min read | November 11, 2022 What Should Be Included in a Global Employment Contract? Read More](https://blog.innovativeemployeesolutions.com/ies-blog-nb-24/blog/what-should-be-included-in-a-global-employment-contract)

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