Chapter 4. Planning for Success in China

In This Chapter

  • Looking at what you need to succeed and making key business decisions

  • Doing research

  • Working with professional service providers

  • Watching out for common planning errors

  • Spreading the risk with China plus one

Although the rewards of a good business plan may take a while to become evident, the costs of a bad plan start piling up immediately. Making minor adaptations to your home-country business plan won’t usually get you too far in China. Getting your plan right for China may take a lot more time and effort than you think. This chapter isn’t about how to write a business plan. Instead, it’s about how to adjust your planning process and expectations for China.

To find out how to write a business plan, check out Business Plans Kit For Dummies, 2nd Edition, by Steven D. Peterson, Peter E. Jaret, and Barbara Findlay Schenck and Business Plans For Dummies, 2nd Edition, by Paul Tiffany and Steven D. Peterson, both published by Wiley.

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