For Small Businesses Abroad, The Translation Is Rarely Exact

September 11, 2006 by Cris | 0 Comments

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Iht.com:

Raju Mirchandani, an entrepreneur born in Dubai, owns 2 upscale cigar and whiskey lounges in New York City, called Bar and Books. Like many small-business owners, he is a head-over-heels romantic, and it was love that led him to open a 3rd lounge in the golden city of Europe, Prague.

Jirka Simsa’s story starts in Prague and ends in Burlington, Vermont. Simsa is a co-owner of the Company of Tea Devotees, which franchises 22 teahouses in the Czech Republic, Slovakia, Hungary and the United States.

Opening an international small business is no small step, not even for the highly optimistic. Finding responsive business partners who feel comfortable working with a foreigner may be difficult. There are language, legal and social barriers. And yet, for those who are up for the challenge, the rewards can be great. Get it right!

In Negatives and/or Positives, Basic Guidelines, Law & Agreements, Franchising Worldwide

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