you worked hard achieve higher education and or your company's development with the hope of another country in a new life with new economic opportunities filled start. But when you finally arrive, wait challenges and transform your joy in frustration could.
Catch this example of a common challenge entrepreneurs face when they arrive to BC and Canada, and three essential tips on how to start your business again.
financing, a common obstacle
an example of a potential roadblock sufficient funding for your business is the procurement. You can help some resources, you have to start with your business, but you need may still be some financial assistance.
In order to solve this, you can go to your bank, with the assumption that your past experience, savings and good credit history should be enough to get a small start-up loan. However, if English is not your first language, the communication could be difficult. In addition, many banks require significant Canadian work experience and credit history to you to approve for a business loan.
After that you can find walk away, ask yourself, what should be your next step. How do you overcome obstacles like differences in corporate culture and practices, financial opportunity, regulation, taxation and so on?
But this example does not have this way to finish. Look for opportunities to read you build your business in your new home.
Three tips to produce your business again
1. Ask for alternative options before Walking Away
If you first with an obstacle, such as being denied a loan from the bank faced, it can be very discouraging. You can get a sense of hopelessness, the feeling and want to start for a quick exit in the direction of the door, but not allow it!
If the person with whom you want to work do not offer an alternative option, they ask for some suggestions. If they do not speak your language, always ask for someone who does. Even if that person is not in stock, in most cases they can be made available to you through an appointment.
2. Research Existing Immigrant Networks
If you are not connected to community groups from your country of origin, try the Web for existing immigrants to find networks that entrepreneurship the to support in your environment, such as:
- Professional immigrant networks
- ethno-cultural commerce
- local immigration Partnerships
- immigrant Investor Support groups
3. Go with confidence to Get Connected
It's easy to feel isolated when you arrive in a new country, especially if you are not sure about their processes and customs. But do not give up!
find someone to bring the already been through the challenges their business to BC or Canada. They are likely to be able to share with you a little insight that will help you feel more comfortable and safer
Potential sources of support included .:
- business mentors in your community
- immigrant entrepreneurs attorneys
- General Management consultant
- business start-up trainer
Summary
Starting a business has its obstacles, but may be even more of a challenge in a new country recover. But if you feel discouraged, just remember that you built it before, and you can rebuild it.
Even if you have to do different companies may elect or another type of business together, you are an entrepreneur at heart. Once you have an opportunity to learn what's out there for you, the same drive and determination that led you to a new house also takes you to your success.
Learn more
take advantage of the little wide range of seminars for entrepreneurs and small to medium sized business owners Business BC? Space is limited, so do not miss your chance to register today.
And if you want to answer specific questions for your business, make an appointment with a Small Business BC Business Advisor or Small Business to meet BC Business Plan Advisor now.
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