Hong Kong 2014
Last updated on 2014-01-18
About the Book
Hong Kong is the #2 destination in Asia for ease of doing business and one of the world’s leading financial centers. It is in the “business of business” so it’s no wonder so many foreign companies launch or open branches in Hong Kong.
If you’ve been thinking about starting a business in Hong Kong, the Wood Egg Hong Kong startup guide will be your go-to reference manual.
Each year we hire 3 researchers (at least one local and one foreigner who live in Hong Kong), a native English-speaking in-country writer, and an editor, to bring you insights from multiple perspectives.
Our researchers spend over 200 hours interviewing local business people, politicians, and citizens who regular foreigners would never have access to. This is 200+ hours you will save to hit the ground running. (Bonus: When you register your eBook at WoodEgg.com you get access to all of our raw research and interviews.)
In the 2014 Wood Egg Hong Kong startup guide you will learn:
Don’t ignore this rule of thumb for business mindset in Hong Kong. (Page 138)
The top 6 places to find and network with other entrepreneurs. (Page 74)
3 reasons you should consider getting a local partner (even though you don’t have to). (Page 201)
Why you must follow this strategy to build trust with locals. (Page 164)
Our curated list of 11 comfortable apartments to stay for short term visits to Hong Kong. (Page 101)
What major conflicts in Hong Kong could affect your business. (Page 38)
How to find (and keep) top talent in Hong Kong. (Page 251)
What you need to know when looking for an English-speaking accountant. (Page 233)
The simple steps you need to follow to quickly set up a bank account in Hong Kong. (Page 277)
What industry is expected to hit $90 Billion HKD by 2018 (and what other industries are ripe for growth). (Page 294)
All of this along with hundreds of other insights. All told you’ll get the painstakingly researched answers to over 200 questions (over 300 pages!) about country, culture, life, and business in Hong Kong.
If you’re looking to do business in Hong Kong you won’t find a more complete, up-to-date, guide.
Click to buy now.
- Near-future outlook
- Current stats
- Quick history as it affects current business environment
- Relationship with other countries
- Religion and Race
- Asia 101
- Local differences
- Personal attitudes towards foreigners
- What to wear
- Attitude towards time and promises
- Common conversational references
- How to blend in
- When not to blend in
- Recommended reading/watching
- Quality of life
- Cost of living
- Western standards vs local standards
- Language / English proficiency
- Immigration / Visa
- Where to live (short-term and long-term)
- Typical living arrangements
- Internet / Phone
- Credit card? Cash? Check?
- Availability of products/services
- What’s not online
- Differences in service standards
- Expat community
- Recommended resources
- Business Culture
- Understanding “face”
- Direct vs indirect communication
- How to tell “yes” from “no”
- Who to speak with in organizations
- Business attitudes towards foreigners
- Signals of respect
- How to build trust
- Business cards
- Signaling success
- Innovation vs status quo
- Passing-through vs Full-time
- Advantages to foreigners
- Advantages to locals
- General role of government
- Who’s who: departments you need to know
- What the government is emphasizing now
- Business Setup
- Ease of doing business
- Local partners?
- Business structure choice
- Business name choice
- Where to locate
- Real estate
- Big city vs outlying areas
- What your location says about your business
- Paying taxes
- Ongoing requirements
- Recommended resources
- Local talent strengths
- Hiring local people
- How much to pay?
- How to find good people?
- Online vs offline
- Hiring foreign people
- Step-by-step process
- Labor laws
- Recommended resources
- Banking overview
- Bank comparison
- How to open an account
- Online banking
- Paying employees
- Paying vendors
- Getting a bank loan
- Getting investors
- What if they don’t pay?
- Industry sectors
- What’s missing?
- What’s unique?
- Growing the Business
- Expanding outside the country
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