Let's Share the Wealth: Discover

Showing posts with label Discover. Show all posts

Monday, July 16, 2012

Discover Niche Markets For Your Online Business

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Thursday, April 19, 2012

Discover Niche Markets For Your Online Business

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Sunday, April 8, 2012

Discover Niche Markets For Your Online Business

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Sunday, April 1, 2012

Discover Niche Markets For Your Online Business

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Monday, March 26, 2012

German mid-sized companies discover Africa

Double-digit growth rates in some African countries offer major business opportunities for German medium-sized companies. It is a challenging endeavour but with manageable risks.

Corruption, erratic judicial systems, crime – many entrepreneurs from industrialized countries see Africa as the lost continent and too insecure to set up a business there. Yet, Africa does offer plenty of business opportunities: While the economy in Europe is hardly growing or even stagnating, some African countries have double-digit growth rates. Looking at the whole continent, the World Bank is expecting a growth rate of more than five percent this year. Another advantage in Africa is the abundance of natural resources in many countries.

Deficits create demand

The big need for development in many areas, such as infrastructure, also creates opportunities for business. Across Africa, some 80 percent of people have no access to electricity, more than 40 percent lack access to drinking water, roads are often in bad condition. Senegal-born Ababacar Seck from the engineering agency Pecher, a consultancy for water, sewage treatment and infrastructure projects, says "There are many deficits. But where there are deficits, there is big demand, too."

Funding is often a problem, however. There's simply not enough investment, says Hartmut Sieper from consulting agency, Trans Africa Invest. "If you have funds and invest them wisely, you can benefit from a number of niches and gaps in the African market, which are not filled for the simple reason that there's a lack of money."

Risk higher, but manageable

Heinz Rittmann, deputy CEO of Baugewerbliche Verbände, an association of construction companies

Risk is slightly higher when doing business in Africa than in Europe, admits Heinz Rittmann from Germany's Association of Construction Companies (BGV). "But your chances are higher too because the yield is higher." In Germany, Rittmann says, building companies often have to budgetize. "And they will never get the same yields as they would in Africa." Machines and construction material tend to be more expensive in Africa than in Europe, but wages for workers there are of course a lot lower.

In addition, the higher risk for companies is manageable, according to Rittmann, if they follow some rules: When it's the first time for a company doing business in Africa, they should only apply for solid financial tenders and not take part in local calls for tenders. "It has to be a safe investment. In general, our companies have some reservations towards doing business in Africa. So it's important that we bridge this gap between the negative image and reality," he says.

A safe investment is guaranteed, according to Rittmann, if tender calls are backed by financial institutions, such as the World Bank, the European Investment Bank, or the German Bank for Reconstruction. Hartmut Sieper, from consulting firm Trans Africa Invest, has another reason why the risk can be more predictable than entrepreneurs think: "In some projects and in some countries, an investment can quite possibly and realistically break even within the first or second year." This limits the risk to a fairly short time frame.

Tough competition

High yields and rich deposits of natural resources have meant that other nations are already doing business in Africa, of course, and they can be tough competition for European investors. Chinese companies, for instance, often have it easier in comparison to German firms, says Rittmann, because they will easily get funding guarantees from the Bank of China without having to fill out complicated applications, as is the case in Germany.where the application process simply takes much too long, says Rittmann.

Yet, German companies can still win against Chinese firms, says Rittmann, "when we offer technical alternatives. Our strength is that our entrepreneurs can think outside the box, and so they can make suggestions how to do something better than how it's described in the tender call."

Help build a market

When a Chinese firm gets a tender, they will bring everything they need – funds, workers and machines to Africa with them. This means that local firms don't benefit and local people don't get jobs. "The Europeans have to make sure that the African middle class can grow further", says Ababacar Seck from the Pecher engineering agency, "so that Africans get into a position where they can afford expensive goods from Europe, above all from Germany."

The African continent is not yet a big consumer market. But the middle class is growing, according to Germany Trade and Invest, an agency which compiles information on foreign trade for the German Economics Ministry. According to its latest figures, some 60 million households in Africa already have more than 3,000 US dollars a year, and in three years' time, this number is expected to grow to some 100 million households.

Author: Insa Wrede / nh
Editor: Gregg Benzow

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Friday, March 9, 2012

Discover Niche Markets For Your Online Business

Want to know the #1 factor in starting your own successful online business - it's in our latest online marketing vidcast

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Saturday, February 18, 2012

Discover Niche Markets For Your Online Business

Want to know the #1 factor in starting your own successful online business - it's in our latest online marketing vidcast

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Sunday, February 12, 2012

Discover Niche Markets For Your Online Business

Want to know the #1 factor in starting your own successful online business - it's in our latest online marketing vidcast

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Thursday, February 9, 2012

CCM’s Flame Retardant Report Helps You Discover New Business in China - SBWire

Guangzhou, Guangdong -- (SBWIRE) -- 02/08/2012 -- The flame retardant industry in China has maintained rapid development for more than 10 years with large-scale production. China has become a key player of flame retardants both in production and consumption.

It can produce most common flame retardants with output of approximately 600,000 tonnes in 2011, and it has witnessed domestic consumption reaching almost 400,000 tonnes in 2011, both with CAGR over 15% in the past five years. With improving living policies and standards, consumption of flame retardants in related industries is expected to soar in the future. Meanwhile, with the domestic market volume enlarging greatly in recent years, there are various commercial opportunities in China’s flame retardant industry.

Aiming to present you a detailed and accurate flame retardant industry situation in China in the past few years and make a forecast in the coming five years, CCM International has newly published the second edition report of Survey of Flame Retardants Industry in China. The report includes:

-Domestic production situation for different flame retardant types, including BFRs, PFRs, CFRs and inorganic flame retardants, aiming to discover the future prospects
-Major products and their producers in China
-Domestic consumption by application field
-Key factors influencing flame retardant such as relevant policies and technologies in China
-Future demand and output for each flame retardant type from 2012 to 2016 based on all the information
-Business environment of flame retardant industry in different products with Michael Porter's Five Forces Model and points out some opportunities

Through the above penetrations in this report, the latest dynamics and development trends of Chinese flame retardant industry will be clearly presented, which is valuable for investors, traders (both exporters and importers), technology providers, overseas competitors, etc. If you are interested in this report, please feel free to contact us at econtact@cnchemicals.com.

About CCM
CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_r_960.html

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