When viewing an opportunity to expand a business, it is necessary to analyze which of these options is best to get it accomplished.
One of the key aspects is financial. Franchises usually require a higher investment in the beginning, but once they are granted, they will have marginal costs that are lower each time.
Conversely, expanding operations by opening branches involves similar amounts of investment for each one, reason for which access to financing is key in this option.
Everything an entrepreneur needs to know to buy, sell, or invest in Central America and the Dominican Republic is included.
While the guide produced by the Chambers of Commerce of Spain deals with the countries of the region, it is focused on supporting the Spanish and Central American businessmen. It can also be used by any exporter, importer or investor in the world.
China will finance a high technology development center which will feature a business center, shopping area and data center.
The governments of both countries are already working on the design of the complex estimated at a cost of $65 million.
According to Nacion.com, the Chinese ambassador in Costa Rica, Wang Xiaoyuan, reported: "We reached an agreement for China to give consultation on the park.
Here's what happens in bad times — disruption. Disruption means things change. When things change, there are opportunities. And entrepreneurs seize opportunities — that's what makes them entrepreneurs.
When times are bad for the economy, it can be a great time to start a business. In fact, 16 of the 30 companies that make up the Dow industrial average were started during a recession or depression.
Business tips to get through the crisis and even take advantage of the opportunities that arise in complicated times.
Uruguay is a country with an economy that is similar to some central american nations, boasting businessmen with considerable experience in financial and economic crisis. A seminar organized by the Institute of Business Studies (IEEM) from the Montevideo University, provided interesting conclusions on the best way to get through this economic crisis.
The reduction in costs due to the economic crisis has increased the opportunities for investment in the tourism sector.
This is the opinion held by some of the sector's specialists at the 32nd Caribbean-Central American Action (CCAA) Conference which ended last week in Miami.
The CCAA is a private and independent organization that promotes the development of the economy geared towards the private sector in the Caribbean Basin and the entire Western Hemisphere. It meets annually in Miami to analyze the future of the region.
The weak economy didn’t hurt Fresh Del Monte Produce Inc. in the third quarter. In fact, market conditions are working in its favor.
“Our competitive situation is growing stronger every day,” chairman and chief executive officer Mohammad Abu-Ghazaleh said during an Oct. 28 conference call. “What we are noticing right now in the market is small growers and other exporters and distributors are feeling the credit squeeze.”
Panama, which has already announce measures to promote foreign direct investment, is now seeking to become the regional leader and take lead over its main rival which, in this regard, is Costa Rica.
Immigration policies implement four years ago by the Government, as will as the elimination of bureaucracy and quicker procedures, and legislation to speed up the establishment of business, have been successful in slowly replacing Costa Rica with regards to attraction of investment.
A total of 28 Chinese companies will put their products on display in Costa Rica from September 11-14.
Meanwhile, some 300 government officials and business leaders from Central America will take part in a forum along with Chinese representatives, organizers of the event reported on Monday.
"The purpose of the expo is to contribute to the promotion and economic and commercial cooperation between the People's Republic of China and Costa Rica," said Dong Jiayang, director of the Chinese delegation.
Taiwanese investors with companies already established on mainland China, in Vietnam and southern North America are now looking to Central America and the Dominican Republic.
They are seeking lower operational costs and are attracted by the business opportunities created by the Free Trade Agreement between the United States, Central America and the Dominican Republic (CAFTA-DR).
Will the economy die? Not necessarily. This is a moment of change, and with change comes new opportunities.
It should be recalled that this is a cycle, the economy will improve in the future, and then fall again.
This is why we have made 10 observations to maintain a realistic, calm and positive outlook:
1. Vision: The door of opportunities to improve and change the economic reality of Guatemala is opening.
As energy demands in the region are expected to climb by 6% in the next six years, new investment opportunities are expected to open up.
A recent article in Central America Today explains how in the past, political squabbles and confusing patchwork of overlapping regional, state and private networks hampered efforts to modernize Central American energy systems.
The decline in share prices of the main financial companies in the United States is opening new alternatives for investment, writes Agustina Cobas in the San Jose, Costa Rica daily La República.
It's said that every cloud has a silver lining, she continues. This could be applied to the situation in American stock markets, where the main players in the finance sector have seen their shares plummet.