Starting a new business can a a risky adventure. Starting a new business in a foreign country can be even more risky. Some of the risks can be minimized when taking careful consideration of some business and legal issues before plunging ahead.
Words: 1014 Downloads: 0 Category: Business Dev. By: Regular guyChina is an attractive market for small and medium-sized companies. But for executives and business owners who don´t understand the business culture of China, it´s a market fraught with pitfalls. Enhance your chances of success by mastering a few key concepts related to relationships, contracts and "face."
Words: 642 Downloads: 0 Category: Business Dev. By: Ranlyn OakesThe lure of a tax-free status might have you considering the benefits of starting a nonprofit business, but the accompanying rules can be extensive. Both types of companies provide valuable services, but if you´re going into business to make money, a nonprofit company might be more in line with your goals. Things like paperwork, privacy and decision-making are on the line.
Words: 425 Downloads: 0 Category: Business Dev. By: G. Wallace-TaylorLeveraging channel partners to penetrate foreign markets. Why using existing resources is simpler and more profitable than building your own. Identifying candidates for partnership. Building and maintaining succesful partner relationships.
Words: 990 Downloads: 0 Category: Business Dev. By: Laurence BradleyOutsourcing to China is still one of the most viable strategies for those wishing to increase productivity. The vast cultural and political differences often are a source of great frustration for many from western nations. Guanxi(Gwan-Shee)is the key to navigating this endless chain of bureaucracy. Understanding and utilizing it is the difference between success and failure when conducting business in China.
Words: 800 Downloads: 0 Category: Business Dev. By: Travis WolfeAccording to one study by ACI Worldwide, a quarter of Americans who receive customer loyalty rewards consider the rewards too small to take seriously. A good 44 percent find that the rewards offered by local merchants aren´t of much value and have had negative experiences at the stores that offer them. Against these odds, merchants need to consider whether loyalty rewards can help their bottom line or are a waste of resources.
Words: 600 Downloads: 0 Category: Business Dev. By: MrMagica