Matt Landau’s Panama Report published an article last week about the 7 Steps to Panama Entrepreneurship.
Panama is a financially appealing country, as the recession takes its toll globally. Panama offers an increased quality of life and “the timing is still good for new business ideas”. There are payoffs for developing in Panama and there is a significant opportunity to make money. However, one must engage in the local culture to succeed. The Panama Report gives the following 7 tips for the incoming entrepreneur.
1. Find good local contacts.
2. Learn about immigration status and work visas.
3. Work harder than your competition.
4. Execute a unique business plan and keep costs low.
5. Socialize, travel and stay busy.
6. Utilize the unique nature of Panama’s landscape for work and to alleviate stress.
7. Use trial and error to build the perfect staff.
Click here to read the entire article.
Interested in investing in Panama? Visit Panama-Land-for-Sale.com to see businesses, condos and land for sale in Panama! We have properties in Panama City and outer-lying areas near Boquete and Portobelo! Click here to view our properties.
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