Red Ten NYC Reveal Simple Solution to Cross Atlantic Expansion

    NEW YORK, NY, April 15, 2012 /24-7PressRelease/ -- Red Ten NYC's announcement, in the first quarter of 2012, to tackle the American market was met with scepticism from some quarters. Questions were being asked as to the viability of expanding a company into new markets in the current economic climate.

A Red Ten NYC spokesman today announced that although a tough journey thus far this year, Red Ten NYC were proud to confirm that their infrastructure is in place and will be ready for trading in the American market by June. "We have been working on the backend for some time now and are happy with the results so far. We have office space and clients in place. Our territories have been set up and we'll commence trading anytime now" said the spokesman.

Rec Ten NYC is not the only company based in the UK to announce their expansion. British menswear retailer Charles Tyrwitt announce earlier this week the launch of their 3rd New York location.

Companies seem to manage the financial pressure of expanding fairly well even in the recovering economy. Red Ten NYC confirm strategies to cover three key areas have enabled them to plan the expansion; Cash flow, Management and Understanding the market.

"Implementing simple accounting rules such as not having credit and paying suppliers on time. Managing a business is easy as long as your Expenses column comes in under your Income. The trick is in the discipline. Some people call it delayed gratification. In a nutshell companies that don't overspend on luxuries will always have good enough cash flow to operate," confirms Red Ten NYC's Managing Director.

Companies greatly increase their chances of success by having the right people in place to manage and maintain the discipline and as long as management have been trained in Standard Operating Procedures, then the business model is easily replicated.

Understanding the competition and market is an area that Red Ten NYC have had plenty of practice. A Red Ten NYC spokesperson commented "'Keep your friends close and your enemies closer' as the age old expression goes. Knowing how your competitors compete in markets is essential before taking them on. Valuable lessons can be learnt by in depth research. Competitors will have made mistakes that can be avoided so use them to once again increase your chances."

If Red Ten NYC and Charles Tyrwitt are anything to go by, then the future of international expansion seems brighter than the everyday doom and gloom of the global recession that we are currently experiencing.

To follow Red Ten NYC and their progress, go to the following links:

http://www.redtennyc.com

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