Establishment of companies in the Philippines, China, Asia
The decision for the location of a new company is a strategic decision that determines the success or failure of an expansion for decades. The systematic search for alternative locations, their validation and comparison are tasks that require experience and tie up management capacity over a longer period of time. The establishment of companies in China and the Philippines showed great success, as the strategy of the headquarters and customer orientation were comprehensively integrated with tailor-made concepts.
Founding a company Core Competencies
- Market analysis and competitive situation
- Systematic search for alternative locations
- Comparison of location alternatives: labour costs, customers, suppliers, logistics
- Validation against the requirements of the headquarters
- Incorporation of the company with organs, registrations and approvals
- Building-up a turnkey production facility
- Development/optimization of sales organization, verification of potential partners
- Chinese company: China: JV versus WFOE