2. The challenge
There are countries that are more challenging to
start a business than others.
Examples: Rusia, China or Korea.
Due to corruption,economic turbulence and
political risk.
3. Reasons
Even tough this countries are very challenging in order to
start a business they are also very attractive do to their
size and sophistication of their markets.
Example Russia has the tenth largest population in the
world, of which 74% is urban.
Some of this countries are known for their exclusive
cultures and their many different ways of managing
business opportunities.
4. Asia
It is faster and cheaper to start a business in south
Asia than it is in East and Southeast Asia.
Very “unique” culture
Culture could become a handicap when wishing to
start a business from the bottom.
5. Important Facts
Expanding internationally may be a great move for
middle market companies as it is a business opportunity.
But it is very important to think about all details before
starting.
Customization and location.
Taxes you have to pay.
Culture.
Mode of entry
Legal regulatory structures.
Country risk
Security
6. Culture
Understanding your own culture and the culture of the
country where planning to start a business is the first
step you should make in order to be successful overseas.
It is not easy to establish a new life in another country.
You have to accommodate to the new culture.
7. Multiculturalism Countries
India its an example of a multiculturalism country.
Multiculturalism describes the existence, acceptance
or promotion of multiple cultural traditions within a
single jurisdiction.
Many different languages, cultures, educations…
8. Open-minded .
Know different languages.
Being curious.
Take risks.
Study all legal policies.