attached essay _{(What factors would you consider if you want to open a business in foreign land (not USA)?)} which I need to add more information. What factors would you consider if you want to open a business in foreign land (not USA)? Many times, we have great ideas to open a business on foreign lands, but do we really know what this entails? Do we know the factors we should consider? Unfortunately, many times not. It is for this reason that many fail in the attempt. To open a business in foreign lands we must consider several factors. One of these and for me to understand the most important is to do a thorough research of diverse topics. As for example we must do research on business practices in the foreign country, including laws and business practices, banking and taxation, which may vary from country to country. Therefore, before someone establishes a business in a foreign country, he or she needs to study the laws and requirements for the country of interest and therefore investigate how much it will cost in incorporating, acquiring goods and, finally, start work. The interested party must study cultural differences and understand well the differences that could affect the viability of the business. Therefore, a person needs to research the culture surrounding the product that the business will come in ensuring that there are things such as market and even a need for this market. Understanding the political climate of the foreign country which may include history regarding the imposition and seizure of assets and because of these, the business will be able to avoid the unexpected tax of its profits and the assets confiscated because the political climate is undergoing change. Therefore, a person who starts a business in a foreign country must ensure that there is a stable political and economic system. Find legal advice by hiring a lawyer whenever you start a business in a foreign country that business must be formed. This is because a lawyer may be aware of the cultural differences of the person and has knowledge and skills to help navigate the foreign environment. Need to take time for you to move or start a business in a foreign country as things better take time. This time will allow you to investigate, seek trusted advice to navigate the intricacies of moving abroad. There is also a need to request and even receive the appropriate visas that take time so the need to take time before starting a viable business in a foreign country. Looking at the economic situation of the foreign country before starting a business. It is necessary to understand that countries with low debt-to-GDP ratios, low or declining unemployment, and strong consumer spending usually make good prospects. A rising middle class, low inflation, therefore, rising incomes are all positive signs. As you have been able to see is not an easy task, but so little impossible. So, if you want your business to succeed in foreign lands remember that you must consider all the factors discussed above