Tuesday, June 02, 2009

Why you can't ignore China!



China represents numerous opportunities for small business. Many of these don’t involve setting up in China at all, but positioning your business for the enormous potential arising from China’s assault on the Australian market.

For example, how could you tap into some or all of the following opportunities:
  • There are 130,000 Chinese students in Australia (a 30% increase since last year) eager to learn business, leadership and entrepreneurial skills to launch their career in China (or Australia)
  • The number of tourists arriving in Australia from China each year is currently 500,000 and is projected to increase to 1 million by 2015. This represents many opportunities across the Australian tourist, travel, migration and business sectors.
  • There are 12,000 skilled business migrants arriving on permanent visas from China each year, providing opportunities for local SMEs to provide support and advice in numerous areas - accounting, marketing, branding, banking, finance, real estate, legal, business planning, coaching, human resources, recruitment etc.
  • With its extensive capital reserves and its ambitions to go global, Chinese companies, entrepreneurs and investors are looking to invest in Australian businesses, particularly in resources, technology, healthcare, education and many other areas of innovation, design and creativity
  • Outsourcing your printing, research, manufacturing and/or support functions to China and save 30% - 50% of your costs - a direct result to your bottom line
It’s not as hard as you think and there are many different ways to tap into the market and improve your bottom line. Contact us at www.thinkglobal.com.au for help and support in positioning your business for China