While the Caribbean And Latin American
markets offer a tremendous business opportunity, most small
companies typically do not have the resources in-house to attend to
this market that is often considered to be a long way away,
expensive to reach and difficult to do business with. Then there are always the
possible physical dangers, what with all the bad news that always
seems to stem from this region. While many would recognize
the size of this market potential few capitalize on it for reasons
that are often illogical or not even true.
Popular myths and stereotypes, combined
with the fascination of the world press to publish bad news over
good, all combine to often create a rather poor image of a good
market place. While
clearly some countries are much easier to do business with than
others, due to corrupt governments and business practices as can be
seen by their ranking in the Corruption Perceptions Index 2005 by
Transparency
International. Here for example,
Chile is ranked
equal with Japan
at 21 from the list of 158, slightly below the USA at 17 but above countries such as
Spain and
Portugal. Costa Rica and El Salvador ranked 51 and
Colombia ranked
55 are at a level where doing business is much safer than say
Venezuela 130,
Paraguay 144, and
Haiti jointly at
155 with Turkmenistan.
It is particularly worth noting that
Colombia previously had a
poor reputation for foreigners wanting to do business there due to
the high levels of violence and kidnapping. However, under the present
government of Alvaro Uribe Vélez there have been dramatic beneficial
changes that now make this country an excellent business opportunity
for both exporting to and importing from. There has been a significant
reduction in the levels of kidnapping, homicides, and guerrilla
activity that has opened the country to trade and tourism and this
trend is set to continue.
With a low level of inflation, high GDP growth rate and a
highly skilled workforce this beautiful country is clearly a top
choice for many European and USA
businesses looking to enter the region.
While there are many websites that
contain a wealth of statistical data about the countries of the
world such as CIA The World
Factbook, the choice of
country with which to trade within the CALA region for any European
or USA business is much more
complex than simple land mass, population and GDP statistics. Most small companies decide
that they simply do not have enough resources to open such distant
export markets and the cost of employing the necessarily skilled
staff for this task makes it difficult to foresee a decent return on
investment. In general
the export initiatives run by government are much more orientated
towards the larger businesses, but CALA-LINK is focused and
specialized in serving smaller companies.
If you ever thought of expanding your
export business to or from the CALA region, but have been put off by
the complexity and cost for the resources required, then CALA-LINK
could be the ideal way to grow your business. We have a range of proven
business models across a wide range of industry sectors that can be
easily tailored to fit your business goals and budget.