DEVELOPING BUSINESS IDEAS TOWARDS IMMIGRANT POPULATION IN NORWAY
In Norway there are more or less 600,900 immigrants and 100,000 Norwegian half nationals with their parents coming from different countries around the world and mostly these immigrants may come from nearby countries including Poland, Germany, Sweden and Iraq, India etc. according to statistic last January of 2011. This record comprises approximately 12% percent of their population are immigrants that paved its way to many business establishment that caters to their local people and most especially to the immigrants. The enterprising people have taken their initiative to think of ways to build a business toward developing a market orientation to be able to attract these immigrants and to invest their money to start a business. In fact even the immigrants themselves can develop their own businesses as long as they follow the government rules and regulations and pay up all the taxes necessary in putting up such business.
The locals and the immigrants have an equal opportunity investment in developing a business; they can even seek advice to their local government or they can also seek online. Norway has a website that offers a list of companies, products and services, articles and references that they can use in order to establish a good business ideas this website is loaded with information that they can use, visit http://www.nortrade.com/ for more information. It is also good thing that 90% of most of their people according to survey believed that these immigrants should have equal rights to employment, education and business opportunities and most of the local Norwegian people are compassionate enough to these immigrants. Just like in the Indian community in Oslo there are fast-food shops and restaurants for these immigrants and they somehow survive in the industry because they focus on Indian food that they like.
The first thing they need to consider is the location and the residence, the local Norwegian people may need to study their place if they are surrounded with immigrant people and what they intend to buy, how much they are willing to spend and what is the necessity in this area. All this ideas may need capital to build but they can start in modesty. The investors must also need to study more information from the immigrants in order to create the best products or services that they will sell. Their religion, food preferences, beliefs traditions and culture makes it viable contributing factors in establishing a business to create a market niche. Investors must also need to create a business that is not hard labor and may need to hire so many workers from the beginning since this kind of business is risky and expensive from the start in order to eliminate so much labor expenses from the beginning.
As much as possible they must deal diligently with the immigrant in whatever business transaction they will need to put up in order to establish a strong bond and customer satisfaction. Investors can greatly achieve a good business opportunity for local nationals and the immigrants if they understand that Norway is a country which exercises a free market with the help of government intervention. This is a great opportunity for everyone since the government and their people realized that history shows that most of these immigrants are the victims of war from their countries, they are refugees of time. Their people can make use of the abundant natural resources in order to establish a business opportunity; they are rich in petroleum, oil, gas, different chemicals and marine life that the immigrant may need.
The immigrant can also take advantage of their position to develop a business if they can import food, metals, textile, clothing, apparel, technology and machineries for vegetation and crops production since these are the needs of this country although they must also be aware that agricultural products and its subsidies can create a high tariff trading practices when it comes from other countries but it can be an opportunity to develop a good business for the locals and the immigrants. They must also consider that International Trade has become a major contributing force for economic development in Norway, both locals and immigrants can develop a viable trading practice and ideas in establishing their own business. The Department of trade and Industry in Oslo, Norway is open for business for locals and immigrants. To be able to make the business legal the investors and small business people may need to register their business with the help of Coordinated Register Notification which provide a control forms in most business types you can download this forms in this website; (http://www.brreg.no/english/registers/business/business.html).
References:
http://www.norway.no/oss/ http://www.state.gov/r/pa/ei/bgn/3421.htm http://www.cgdev.org/section/initiatives/_active/cdi/_country/norway
http://en.allexperts.com/q/Norway-151/2011/6/immigration.htm
http://www.nortrade.com/ http://www.brreg.no/english/forms/
http://www.brreg.no/english/registers/business/business.html
Credit:ivythesis.typepad.com
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