2 Given the information provided here, what are the disadvantages to Jim of establishing the firm in the United Kingdom?

Jim Logan’s business, the Sports Exports Company (Ireland), continues to grow. His primary product is the basketballs he produces and exports to a distributor in the United Kingdom. However, his recent joint venture with a British firm has also been successful. Under this arrangement, a British firm produces other sporting goods for Jim’s firm; these goods are then delivered to that distributor. Jim intentionally started his international business by exporting because it was easier and cheaper to export than to establish a place of business in the United Kingdom. However, he is considering establishing a firm in the United Kingdom to produce the basketballs there instead of in Ireland.