Doing it differently

clock

David Houghton-Brown discusses the universal lessons and pitfalls learnt from Medicals Direct's foray into European markets

Many firms, on reaching a certain size, have seen a move into Europe as a natural progression and so it has proved on trying. However, this was not before discovering, as many a management team has discovered before them, that Europe remains in many respects a foreign country and they still do things ‘differently’ over there. Many companies labour under the delusion that expanding into Europe differs little from setting up a business back home. After all, 50% of all the UK’s exports are destined for the European Union. While there is some consistency provided by EU legislation, there are...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

Majority believe IFAs and wealth managers should not outsource, PA Asks finds

Isabel Baxter
clock 13 May 2025 • 3 min read
Five things to know when assessing critical illness policies

Five things to know when assessing critical illness policies

Five critical illness factors to consider

Alan Lakey
clock 12 May 2025 • 4 min read
Finding cover for clients with health conditions poses challenge for advisers

Finding cover for clients with health conditions poses challenge for advisers

The Exeter research findings

Jaskeet Briah
clock 12 May 2025 • 1 min read