How to Do International Business
When you are thinking of doing business in Chile, you need to do some research into it first. Now is a good time to set certain things straight before heading there. The internet has made it easier to start a business at any place in the world. But you still need to respect the rules at the destination. You therefore need to take some time to find out about all the laws there. As for Chile, there are a few things you need to know.
There is a certain business etiquette applicable specifically to Chile. In most of the developed world, there is a laxity to the dress codes most business people adhere to. But in Chile, there is still a high degree of formality. You therefore need to watch how you dress. You need to be punctual, in formal attire, and use formal language. You cannot afford to look any less professional. No matter who you are meeting, you are expected to shake hands. If you know them well, you are expected to exchange kisses on the cheeks, for the ladies, or embrace, for the men.
You need to make the right connections to the right people. Your business contacts matter more than any other asset. Their family members usually run organizations. The same is in the government offices. Special favors are thus handled expediently. You, therefore, will gain more here when you have a broad and strong network. If you have such contents, business will be hard.
You need to get the business registered well. There are websites where you can do it. You need to follow the procedures correctly if you are to get the right approvals from all concerned bodies. Any misstep and you shall be in problems later. There are recognized printing companies in which you are supposed to print out all financial records. There is also a need to get to the municipal office and have a working license made for the business. You need to also arrange for insurance for the business, and it’s employees. You can learn more about it here.
There is a lot you shall accomplish once you learn to speak Spanish. There are even more benefits you get from learning to speak it fluently. There is also a lot of formality when it comes to communication. This means that you cannot expect an immediate reply to an email, fax, letter, or phone call. This habit has made it hard for businesses to be at their most efficient. You, therefore, need to get into the habit of doing follow-ups.
These points shall make it easy for you to start your business in Chile. You need to know more about their culture, and do your paperwork well. This is how you avoid trouble later.