It is great to have local investors but you have to be able to look at things in the bigger picture. At some point, you shall need bigger funds for more advancements and your partners shall reach their max. Thus, it is best to always have a back up plan and that is where these people can help you out.
You should have the strength to try your chances with multinational companies. When you make them see the potential in your operations, international project funding will soon come afterwards. Just be specific with your presentation and try not to be intimidated when you are already in front of the tycoons.
Participate in trade fairs and conferences. This is not just for the chance to travel but for you to be exposed to different cultures as well. However, if you have several past commitments which one has to attend to, your right hand can take this burden from you. Let this person learn the basics about the language in that country as well.
If it seems that your candidates have long been interested in the field that you are in, strike while the iron is hot. It is really essential that you manage to agree with the same goals. That can lead to cooperation of both parties and money will not be a factor when the mother company needs to change with the times.
If they ask for a Visa in return, a legal contract needs to be there to make things happen. With that document, you can be certain that their initial capital will be sent to your account upon your arrival in the country. Do not settle for verbal agreement alone especially when you have been in the industry for several years already.
Be ready for all the risks which you shall be taking. So, do your part in knowing more about the people whom you can possibly work with. Go to their country and talk to the locals about their reputation. If they are seen as a household name, that already serves as their advantage among the other names in your list.
Meet with them in your turf. That is how you can say that they are indeed serious in doing business with you. Thus, give this as a test for all who have already given their virtual or verbal agreement. Besides, this can even be beneficial to them since they shall be able to assess your level of production.
Be sure that they fully understand the distribution of the profit. Mature individuals will recognize the fact that you play a huge role in this set up. They are not going to be greedy and they are most likely to communicate with you often for you to clear out any slight misunderstanding.
Listen to your instincts as well. Pick those who have treated you with nothing but respect. If they show genuine interest in your items, this is an indication that your working relationship can truly last in the several years to come.
You should have the strength to try your chances with multinational companies. When you make them see the potential in your operations, international project funding will soon come afterwards. Just be specific with your presentation and try not to be intimidated when you are already in front of the tycoons.
Participate in trade fairs and conferences. This is not just for the chance to travel but for you to be exposed to different cultures as well. However, if you have several past commitments which one has to attend to, your right hand can take this burden from you. Let this person learn the basics about the language in that country as well.
If it seems that your candidates have long been interested in the field that you are in, strike while the iron is hot. It is really essential that you manage to agree with the same goals. That can lead to cooperation of both parties and money will not be a factor when the mother company needs to change with the times.
If they ask for a Visa in return, a legal contract needs to be there to make things happen. With that document, you can be certain that their initial capital will be sent to your account upon your arrival in the country. Do not settle for verbal agreement alone especially when you have been in the industry for several years already.
Be ready for all the risks which you shall be taking. So, do your part in knowing more about the people whom you can possibly work with. Go to their country and talk to the locals about their reputation. If they are seen as a household name, that already serves as their advantage among the other names in your list.
Meet with them in your turf. That is how you can say that they are indeed serious in doing business with you. Thus, give this as a test for all who have already given their virtual or verbal agreement. Besides, this can even be beneficial to them since they shall be able to assess your level of production.
Be sure that they fully understand the distribution of the profit. Mature individuals will recognize the fact that you play a huge role in this set up. They are not going to be greedy and they are most likely to communicate with you often for you to clear out any slight misunderstanding.
Listen to your instincts as well. Pick those who have treated you with nothing but respect. If they show genuine interest in your items, this is an indication that your working relationship can truly last in the several years to come.
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