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Casual Articles - Risks to Business Success in China
Retirement Plans - A New Source for Business Capital y can be challenging in China, along with maintaining USA standards for bWhere do you find the necessary funding to seed a business, buy a new one, or raise additional working capital? Traditionally, business owners have used SBA loans, personal contacts, retirement distributions, credit cards or home equity to satisfy their funding needs. The biggest downside to these sources of financing is th Buyer Beware the Extended Warranty – Deal or No Deal USA companies have failed in China, because they underestimated the differences in doing business in China versus the USA, and they lacked a long-term commitment to be successful in China.Experience is always life's best teacher. But ideally it is through somebody else's experience that you could learn a valuable lesson about extended warranties. What is the deal with extended warranties? Are they really an insurance against damage or malfunction? A seasoned salesperson knows China Business Environment – Protection of intellectual property can be challenging in China, along with maintaining USA standards for b Strategic Outsourcing: Testing the Outsourcing Waters and Staying Afloat rences in doing business in China versus the USA, and they lacked a long-term commitment to be successful in China.Before Gertrude Ederle began her historic swim off of Cape Griz-Nez, France, she underwent extensive training for endurance and technique—even though she was already an accomplished record-breaking swimmer with Olympic medals to her name. Outsourcing IT may not garner the same attention as being the first woman to s China Business Environment – Protection of intellectual property can be challenging in China, along with maintaining USA standards for b Communication Mix-Up term commitment to be successful in China.My friend Delia is the owner of a small private school. This spring her school is experiencing the crunch of reduced enrollment for next September and all staff have been asked to take a six percent salary decrease. One staff member, much to Delia’s horror, outright refused and resigned her teaching position at the school. China Business Environment – Protection of intellectual property can be challenging in China, along with maintaining USA standards for b Business Alchemy - Converting Complexity into Profit strong>Business Environment – Protection of intellectual property can be challenging in China, along with maintaining USA standards for bA few, cutting edge companies are employing the arcane field of Holistic Business Systems Theory to deliver quantum leaps in sales and profit. For instance, one automotive supplier increased share and saved $80 million in about four weeks. A leading chemical company dissolved a $1.2 billion inventory problem-- and most of High Performance Mastery: Top 7 Principles For Transforming Your Business From Mediocre To Great y can be challenging in China, along with maintaining USA standards for business conduct. Business law and Chinese regulatory rules may be less clear than in the USA. The role of labor unions and works councils can be quite different than most USA managers might expect, and requires understanding of Chinese cultural norms.In the words of motivational speaker, Les Brown -- "You don't have to be great to get started, but you do have to get started to be great.” Where do you start to transform your business from mediocre to great?Below are your top 7 essential ingredients for cultivating greatness within your own business:1. KNOW China Gov
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