How to overcome 4 main challenges when expanding to Brazil

This episode is about 4 challenges you will face when
doing business in Brazil.


For further research we recommend:


https://boldcreators.club/4-challenges-when-doing-business-in-brazil/


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Some context for the episode:


The world of influencer marketing is vast. It’s easy to get lost
in all the options you could argue that Brazil is one of the most
diverse and exciting countries in South America. The landmass
spans across eleven time zones, with various climates from
tropical to arid deserts found there as well. That is why there
are several challenges to doing business in Brazil.
The country also has a population size approaching 200 million
people, which makes it more than twice the size of France or
Spain’s population.


It would make sense then for companies planning on doing business
in Brazil to consider various factors when sending expatriates
abroad.


It seems many different steps need consideration before setting
up international business relations for any corporation; these
include culture, politics, language barriers, and company values
and standards that must not differ from home country practices.


Some countries require specific visas or work permits depending
on how long one will stay within their borders.


The “when in Rome” saying also applies at the business level.
Companies that fail to correctly assess, learn about cultures,
and adapt their practices will face many problems when entering a
new market and doing business in Brazil.


The Legal challenges of doing business in Brazil


Brazil is a hot spot for commerce in the Americas and has its own
set of laws when it comes to brands entering their borders. If
you want your brand on store shelves or online stores by
Christmas time this year, make sure that all legal procedures are
taken care of now so as not to have any unforeseen delays later
down the line!


Brazil is a land that values family and togetherness. For this
reason, the Brazilian laws of commerce are different from those
in European or American countries. With these more lax
regulations on business owners entering Brazil, companies need to
understand which legal procedures they will need to endure before
importing their brand into the country and doing business in
Brazil.


There are many regulations on imports in Brazil. All Brazilian
imports must be authorized first, and the import license
formalizes an import request identifying what product is being
imported to how much of it will be brought into the country as
well as who’s involved with importing this item to ensure that
they have permission from all parties necessary for bringing
something new across borders.

Read further:
boldcreators.club/4-challenges-when-doing-business-in-brazil/



Chapter Marks:


00:00 - 00:40 Intro
00:41 - 04:45 Adapt to the culture
04:46 - 07:30 Overcome language barriers
07:31 - 13:46 How to deal with the unstable political
situation
13:46 - 21:01 Solve problems in the infrastructure