October 16, 2009

Global Business and Economy(Part 1)

When we are equating economy on global business, it is basically always pertains to debt. The economy of a particular country is affected by individual, corporate and government debt. Entrepreneurs must aware on the economic standing so that they can prepare on whatever challenge may arise in the future.

The debt is fatal for global corporations. This is one of the deadly enemies of the global entrepreneur. The impact maybe subtle at first glance, but it can be a threat to your business. An entrepreneur who wants to start a global business must go through in depth research of the debt structure of the foreign country or state. There is an inter-relation between personal, corporate and government debt and you must know the status on each level. You must assess this so that you can create a strategic plan to invest in a foreign country

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