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Why doing business in Asia?
Asia is home to some of the most powerful markets, one of them being China, possibly the world’s biggest economic powerhouses. Asia has experienced tremendous economic growth over the years, mainly due to the size of the markets, the resources that the different countries have to contribute, strategic locations, expanding infrastructure and affordable labour.
Investors have seen the opportunities availeble in building business in Asian countries such as China, Singapore, Malaysia, India, Hong Kong. This seems to be a contant positive correlation due to their rapidly expanding economies which continue to stimulate growth in various business sectors.
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Benefits of Doing Business in Asia
When an investors seeks new locations for expanding a business empire, they look for what that location can offer and how it can be beneficial towards their businesses. The growing interest in doing business in Asia is due to:
Different countries in Asia are not too far apart, many of them in close proximity and travelling between these regions rarely takes more than a day. The relative ease of doing business – Except for one or two countries, it is relatively easy for foreign investors to establish a business in Asia without experiencing too much difficulty.
The tax system in Asia is much lower and reasonable when compared to a lot of Western economies. A skilled and educated workforce is also available for hire at very reasonable rates.
Stable legal, political and economic environment
Asia is very welcoming towards international investments, and the sound political and economic environment with strong legal systems in place are favourable environments for investors wanting to establish a business.
Find a Business Partner that shares your values, entrepreneurial spirit, and vision
Sometimes embassies or the local Chamber of Commerce can offer the service of a business partner scan. It appears this would be a logical procedure in finding your next business partner, however the results leave you dissatisfied. Either contacts are not up-to-date or information is scarce and irrelevant. Trade shows and other similar events can be very ineffective and time consuming. And, it’s uncertain if a business deal will be closed.
There is another way. The Global Business Matchmaking tool we use is the most efficient way to start a business in a new market – it’s less expensive than attending exhibitions and more effective than contacting companies randomly. To register is free.
If you are an Asian company and if you are looking for business opportunities worldwide, or if you are looking for a business partner in Asia or in your own country or area, you can register at our Global Bizz Network and find a Business Partner that shares your values, entrepreneurial spirit, and vision.
Securing partnerships is critical for your company’s success and growth. Searching for a trustworthy business partner doesn’t have to be time-consuming and costly.
For small medium sized companies
Despite the barriers and constraints SME’s remain a vibrant and essential ingredient for economic growth. Especially in Asia. Achieving success in an increasingly competitive environment requires a business strategy that focuses on knowledge, skill, technology, innovation, and partnerships. Your success in market entry depends on the partners you choose.
SME’s find it difficult and challenging to find reliable international business partners. For small businesses and businesses in developing countries with limited resources and access to the internet, it is incredibly challenging.
Register at Global Bizz Network
We might have a solution for you. The mission for Global Bizz Network is being the premier business partner platform for small to medium enterprises and sole proprietorship, facilitating connections, partnerships and economic development worldwide.
That is why at Global Bizz Network we have a Membership fee that is country specific. We offer Free and Premium memberships. The free Membership allows you to register your company. The Premium Membership entitles you to register and access a the world wide database finding your new business partner. Check it out and register today at the top of this page. Happy networking!