There are several reasons why entrepreneurs decide to take their businesses international:
1. Market Expansion: Expanding into international markets allows businesses to reach a larger customer base and increase sales. 2. Diversification: International business helps in diversifying risks. If one market faces economic downturns, other markets might still perform well. 3. Access to Resources: Entrepreneurs can access raw materials, talent, and technology that may not be available or are more expensive in their home country. 4. Competitive Advantage: Entering international markets can offer a competitive edge over local competitors who are confined to domestic markets.