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  • 3 years ago
Globalocity Podcast — Part 3: How Foreign Exchange Affects Your Business, Whether You Want it To or

Globalocity Podcast — Part 3: How Foreign Exchange Affects Your Business, Whether You Want it To or

Our guest on today on Adventures in Global Expansion Podcast is Francia Harris.  She's a partner with Bannockburn Global Forex, a boutique capital markets trading firm specializing in currency advisory and payment  services.  This is the third of our three podcasts about foreign exchange.  In today's podcast, we talk about how foreign exchange can affect your business, whether you want it to or not.Many companies don't really understand foreign exchange, or FX, and how it can affect their global sourcing or global sales.  In the first podcast in our series, we explained the basic concepts of FX.  In our second, we discussed some of the basic tools for managing FX.  In this 3rd and final podcast in this series, we talk about the ways foreign exchange can affect your business as you transact business across borders. Some of the things you’ll learn from today's podcast:How FX shifts can kill or sour a dealCan't I just avoid all this FX stuff by always billing in US$?Why you should plan fo

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