How to Do International Business
You need to prepare well when you set out to do business in Chile. Now is a good time to set certain things straight before heading there. Our technological world has brought us closer, and so has it done this for businesses. You however, cannot ignore the rules that govern business in a given area. You need to read more info about these rules in a given area. There are such laws in Chile you need to know about.
You need to know more about Chilean business ethics. Many of the developed world business environments are not so strict when it comes to business attire. Chile still retains the old ways of business etiquette. IT is important that you are formally dressed at all times. You need to be punctual, in formal attire, and use formal language. You cannot afford to look any less professional. You need to shake the hand of wherever you are meeting. 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 have the right contacts. You cannot do much if you do not have these contacts. You will notice a lot of family members occupy most offices. The same is in the government offices. This eases the process of getting favors. There are people in certain key positions you need to know well. There is no easier way to do business here.
You need to do proper business registration. you will find the right web pages when you go online. 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. You need to also keep all financial records after printing them at an approved printing company. There is also a need to get to the municipal office and have a working license made for the business. You then need to get insurance for the business and its employees. You can read more here.
There is a lot you shall accomplish once you learn to speak Spanish. Getting fluent in it will lead you to learn more about your clients and to trade with them. There is also a lot of formality when it comes to communication. IT is, therefore, customary for you not to get a fast response to an email, fax, letter, or phone call you made. Such scenarios can lead to delayed business transactions. You, therefore, need to get into the habit of doing follow-ups.
You will have an easier time doing business in Chile if you stick to these points. You need to study the culture and ways of doing business. This is how you avoid trouble later.