Tap into mainland South-East Asia
Mainland South-East Asia's mushrooming economy and emerging markets are waiting to be tapped. Providing that projects in unknown territories are thoroughly researched and properly planned and executed, the benefits can be enormous. But there are countless examples of ventures that failed because people fell into the trap of assuming rather than evaluating.
Setting up in a foreign market is a huge undertaking; the basic logistics alone are the stuff of nightmares. The region is fraught with obstacles for the uninitiated. Imagine the time and resources it would take to negotiate completely alien government policies, cultural barriers, lack of access to distribution channels, lack of suitable partners, poor communication, elusive customers, inadequate market data, trade barriers, inadequate infrastructure and legal issues.
"Don't be arrogant. You may be the leading player back home, but in a new market you're an unknown with a reputation to build".
-- Trevor O'Hara, Managing Partner of international strategy consultants Renarc.
There's also the regulatory regimes within each country. Are you able to repatriate profits easily; what are the comparative costs of labour and the tax and social security costs? Finance Ministers regularly review, and often change, their ground rules in order to encourage inward investment or retain businesses that might otherwise be tempted to move elsewhere -- so it pays to keep abreast of their thinking and of the changes they implement. To be successful today, business development must constitute a premeditated program. And this is where LGV steps in.
LGV: a wealth of experience
In South-East Asia relationships are the key to success. LGV draws on established experience of building effective relationships here to achieve effective market penetration and make your business successful here. We are intimately acquainted with local culture, habits and lifestyles, and we're aware of acceptable rates for the provision of goods and services. We have practical knowledge of how various countries' governments and private sectors are structured, and knowledge of the intricacies of Asian business processes. We continuously monitor changes and shifts in industry trends, so we're the first to know when new opportunities arise. With our team's invaluable experience over the past 20 years, we can facilitate your business needs at an affordable price.
We are committed to you
LGV's success is utterly dependent on the success of our clients. We are committed to partnering with you to find business solutions -- again and again in Asia.