Regulatory Complexity of International Expansion
Government regulation in the education industry is considerable. In the U.S. K-12 space alone, there are 15,000 school districts, each with their own procurement rules and regulations. There are both state regulations and federal regulations to consider. This impacts how Noodle Markets targets sales and creates marketing strategies. Expansion globally in the K-12 space will therefore require consideration of how to translate current practices so that they can accommodate different regulations and different cultures around the globe.
How can Noodle Markets adapt to cultural, legal, and regulatory differences in order to expand globally?