Table of ContentsIntroductionBusiness OverviewStarting a Business in JapanIntroductionTo start a business in a new country, we need to determine where in the world to get the inputs they need, from the required quality and at the best possible price. and also where they can best sell the product or service they have created from these inputs. We become more competitive by engaging in global business. Working methods outside and at home are not the same. When a company operates internationally, the rules, regulations, cultural knowledge and local political system differ between countries. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Here we have selected Japan, USA and India to start a business. Things to keep in mind what are the relevant laws and regulations in that country. Their cultural aspect, their political issues, their international business structure and the way they communicate with each other, we must keep in mind to start a business in any country. Company OverviewApex Adelchi Footwear Limited (AAFL), formerly Apex Footwear Limited, is the leading manufacturer and exporter of leather footwear from Bangladesh to leading footwear retailers in Japan, USA and India. The Apex Footwear Limited journey began more than two decades ago. Apex Footwear Limited is a limited company. As the largest footwear manufacturer in the subcontinent, our company accounts for 15% of leather footwear exports in Bangladesh, out of $1.1 billion worth of leather exports. Since shoemaking is a labor-intensive profession, our company employs 5,500 workers, mostly women, to produce elegant leather shoes. As a footwear giant, it is our responsibility to be a role model in people development and environmental protection. “APEX” means the summit or zenith. Since 1975, we have strived to live up to our name. AAFL is committed to productivity and quality to achieve its goal of being one of the leading footwear manufacturers in Asia through its mission of "Honest Growth". Starting a Business in JapanA sovereign island country in East Asia is Japan. It is located in the Pacific Ocean and stretches on the eastern coast of the Asian continent and extends from the Sea of ​​Okhotsk in the north to the East China Sea. China is located in the southwest. Prepare a Business Startup Plan First of all, we need to be planned before starting a business. Define the type of business, accumulate the necessary capital, decide on the date of creation of the business. Must have a residency status corresponding to the purpose of their stay in Japan. To establish a new company in Japan, the company and director must provide their seal registration certificate. If it is a business, we follow the principle. The name and address must be indicated on the seal registration certificate or on the certificate issued by the foreign notary. Opening a bank account as part of the business registration process. Which is kept for the capital deposited or transferred to a bank account. Japanese subsidiary that helps to engage in all types of business activities like import, export, sale of a product and sign a contract for these purposes. Cultural Aspects in Japan Culture is the most important part of doing business. In every country, culture isdifferent from each other. Which has an impact in any type of business. To start a business we need to consider cultural aspects. Japan ultimately wants to be modern and completely traditional. They are the most cultural. Understanding Japanese business culture is the key to success. To start our business in Japan, we know the cultural value of Japan. They are different from us. Their lifestyle, their values, their beliefs are different from ours. Their way of thinking is totally different. We need to understand their culture. We appreciate the cultural background of its Japanese buyers and suppliers, build strong camaraderie, and enjoy spreading business opportunities throughout the global market. In Japan, when meeting someone for the first time, businessmen mention the name of the company they belong to before saying their own name. The Japanese relied on their internal restraint to maintain parallelism and social order. They do not express their emotions openly. This is not to say that the Japanese delay individual opinions. Japan is still controlled by its traditional values ​​over the centuries. So we need to deal with Japanese businessmen to build our business relationship by requiring in-depth knowledge of Japan, their cultural values ​​and social customs. Which helps us run our business successfully in Japan. Linguistic Consideration A common language unifies a culture. When people from different regions speak the same language, culture spreads more easily. So start a business in Japan, we must know their way of speaking. When we interact with Japanese people in English, we keep in mind that Japanese people speak a foreign language. Communicating with Japanese people in English can sometimes misinterpret a Japanese person's unintentional tone. We need to be aware of the language they use. On the other hand, Japanese English is no exception. They use their own foreign words. Japanese English has a very strong expression when transferred directly to English, which often causes confusion. So we have to adapt to the Japanese language to communicate with the Japanese. Political factor: The Japanese political and legal system is very perplexed. Japan is a democratic region with strong legal or political values. On the other hand, Japan is a bureaucratic country. Ministry decision affecting national policies and influencing businesses. Japan has corporate law that supports inward-looking businesses. Nowadays, civil law is followed by the Japanese. All power is held by the Japanese Prime Minister. To start a business in Japan, we need to learn about the legal and political system. It influences our business decisions and helps in running a successful business. Economic factor: Japan is an industrialized and mixed economy. Both the government and private companies control their production in the market and are very competitive in terms of free trade rates. Japan should be considered socialism. The Japanese economy is characterized as a highly developed and market-oriented economy. Due to their advanced technology, they are growing rapidly in the economy. Trade Barriers: The Japanese government has already granted many trade benefits to Bangladesh with generally low customs duties. Japan-specific standards and testing requirements Need for an import license Official adjustment that favors domestically produced products and discriminates against foreign products High entry cost)