There are both obstacles and a wealth of opportunity unique to doing business in Brazil. Many U.S. companies, like Network System Resale–a low cost provider of new and used Cisco equipment–are facing those challenges head on and capitalizing on the growth of commerce in Latin America.
According to the Duke University/DFO Magazine Global Business Outlook Survey, over the next ten years Brazil’s stable currency, growing consumption-oriented middle class and fruitful gross domestic product are expected to increase 4%-5% per year. However, expanding into Brazil presents some very unusual challenges that companies must address before establishing a presence in Brazil.
These challenges, including Brazil’s complicated tax and legal system, intricate labor laws, widespread corruption and personal security issues are much more significant concerns in Brazil than in almost any other market. However, despite these challenges, many companies like Network Systems Resale, who recognized the market for new and used Cisco equipment, believe that the rewards of expanding into this booming Latin America market outweigh the risks.
Key Steps for Success:
Experts agree that there are several key steps that a company must take prior to successfully expanding into Brazil:
Spend the time necessary to fully understand the market.
Develop a knowledge of Brazil’s convoluted tax environment and have a tax team in place.
Seek the advice of experts such as accounting and law firms located both inside and outside of Latin America.
Know how the government in each individual Brazilian state operates, what statutes they enforce and any additional taxes they impose on top of federal taxes.
Make personal security such as hiring a driver and having an escort to business meetings the top priority when make travel plans.
“Currently we do a lot of business with some very large Network Integrators in Brazil,” said Chad Mize of Network Systems Resale, a low cost provider of new and used Cisco equipment. “Recently, we’ve had the great fortune of securing a contract to provide a very large amount of I.T. Hardware that will be used to set up remote voting polls in the upcoming Brazilian Presidential election.”
Many companies like Network Systems Resale, who supply quality new and used Cisco equipment, are capitalizing on the growth of commerce in Latin America and are subsequently addressing the unique challenges that are associated with doing business in Brazil. By taking the time to really understand the market and taking the preventative measures necessary to profit from the strength and security of the economy, companies all over the world are successfully expanding into Brazil.
About Network Systems Resale:
Network Systems Resale is a low cost provider of both new and used Cisco equipment. All of their products are application tested, and ship in "like new" condition. They provide full-replacement warranties comparable to the original equipment manufacturers, including refurbished Cisco equipment. They pride themselves on product quality and place great emphasis on response time, customer service and an ability to meet rigid delivery requirements.
Begin building your virtual workforce today with used Cisco equipment. For more information on all Network Systems Resale products, please visit http://www.networksystemsresale.com or call us at (888) 311-8238. Article Directory : http://www.articlecube.com
Heather Preston. Used Cisco equipment - Network Systems Resale has new, used, and refurbished Cisco equipment all at competitive prices.View the original article here
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The continues growth of the Latino Business helps the economic status to move forward to the success, its good to hear that there's a lot of company wants to merge, and if this is happen the business could be added right away to the paginas amarilla
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