The questions were many and there was a curiosity among the participants that seems promising for Sweden's future.
At the mingle-session afterwards, a man came up to me and told me a story about when he and his company had been fooled in Singapore. This was not fun. He told me that he had a local lawyer who wrote all the contracts but it turned out that it was an unreliable lawyer.
This is something to watch out for when starting a global business. To have a Swedish lawyer who goes through the papers and make sure it is the same paper submitted to the authorities may be worth the money invested. To be fooled is one of the worst things that can happen.
You are in a different country and to sue someone and win can be extremely time-consuming. But the most positive thing about this man is that he still attended our event and has not given up on establishing on other markets.
A setback like this should not be a determining factor to establish business abroad. The markets abroad offer a whole lot for enterprising Swedes that want to do business. The Swedish market is extremely small and, moreover, it is rewarding to reach out to the world to try your business idea.
In the United Arab Emirates there are lots of business opportunities. In fact there are endless of opportunities for those who dare take the step.
United Arab Emirates Ambassador Her Exellency Najla Al Qassimi attended to the Event
What also is positive is that they speak English in the UAE. This contributes to a lower risk and a more enjoyable life. Our goal with this event was to make entrepreneurs see the possibilities with an establishment in the UAE. All the speakers are of course there to help if you have further questions.
Now, we at Establishment Abroad will start our planning for the next country and that market will be carefully analyzed. Today we made the decision to organize an event in March about establishing business in the United States. The United States is certainly a giant market with business opportunities.