Research into a Destination Country for 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 makes it easier for most people to trade across most borders. But you still need to respect the rules at the destination. This makes it important to know of all the laws of your target operations area. There are such laws in Chile you need to know about.
You need to educate yourself on the right Chilean business etiquette. 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. IT is important that you are formally dressed at all times. You need also never to be late. It is important to remain professional. You should always 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 also need to know the right people. These contacts are what will help you get things done. You will notice a lot of family members occupy most offices. The same applies when you visit government offices. This makes it easy to get favors for business contacts. There are people in certain key positions you need to know well. You will otherwise have a hard time.
It is important that you register your business with the right authorities. There are sites where such things are done. You need to do the process as instructed, if you are to avoid making mistakes. Any misstep and you shall be in problems later. You also need to print out all financial records at an approved printing company. You then need to get a working license down at the municipal office in the area you will be running the business. You then need to get insurance for the business and its employees. You can read more about it here.
Speaking Spanish is critical if you want to get things done here. If you get fluent in it, you will have an easier time interacting with your clients. There is also a lot of formality when it comes to communication. If you had made a phone call or written an email, fax or letter, do not expect it to be replied to the minute it is received. Such scenarios can lead to delayed business transactions. You, therefore, need to get into the habit of doing follow-ups.
When you put these points into consideration, doing business in Chile shall not be hard. You need to know more about their culture, and do your paperwork well. This will make it easy to trade there.