Sri Lanka 2014
Last updated on 2014-01-01
About the Book
The Sri Lankan government’s focus on improving infrastructure has done wonders for small and medium enterprises.
If you’ve been thinking about starting a business in Sri Lanka, the Wood Egg Sri Lanka 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 Sri Lanka), 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 Sri Lanka startup guide you will learn:
How Sri Lanka’s 2015 goals affect the people and business. (Page 8)
How the people’s priority of quality of life affects work conditions and your business prospects. (Page 33)
Don’t ignore this when trying to blend into Sri Lankan culture. (Page 71)
Save time and headaches with our list of 8 short term residence options for foreigners. (Page 101)
What you will never hear when conducting business (and how it can negatively affect your plans). (Page 138)
It isn’t good when this seemingly normal action happens during a negotiation. (Page 160)
The distinct advantage foreigners have when conducting business in Sri Lanka. (Page 166)
Use one of these top choices for accountancy firms for foreigners. (Page 228)
Why using a headhunter may be your best bet for finding and keeping quality employees. (Page 245)
You must do these 8 steps to open a bank account in Sri Lanka. (Page 278)
Though English is an official language, this is how your marketing should look. (Page 297)
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 Sri Lanka.
If you’re looking to do business in Sri Lanka 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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