Expert: Edison - 8/4/2009

Question
hey , was just wanting to finf out some advantages and disadvantages for starting business in brazil, such as a surf shop?

Answer
Hello Grace,

I am not a surf shop expert, but here are few advantages and disadvantages:

Advantages:
1. No competition from big companies, most shops are small and locally owned
2. Easy to setup a small business (at least for Brazilians)
3. Live in a cool place, with nice beaches

Disadvantages:
1. Need to have a Brazilian work permission visa
2. Small number of potential customers with little money
3. Most raw materials are imported and expensive
4. Hard to get loans

Good luck!

Edison