IndexIntroductionCompany OverviewStarting a business in JapanIntroductionTo start a business in a new country we need to consider where in the world to get the inputs they need of the required quality and at the best possible price and also where they can best sell the product or service they have put together from those inputs. We become more competitive by engaging in global business. The methods of working outside and outside the home are not the same. When a company operates internationally, the rules, regulations, cultural knowledge and local political system differ from country to country. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get 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 this country. We need to keep in mind their cultural aspect, political issues, international business patterns and how they communicate with each other to start a business in any country. Company Overview Apex Adelchi Footwear Limited (AAFL), formerly Apex Footwear Limited, is the leading manufacturer and exporter of leather footwear from Bangladesh to leading shoe retailers in Japan, USA, India. The journey of Apex Footwear Limited began more than two decades ago. Apex Footwear Limited is a public limited company. Being the largest shoe manufacturer in the subcontinent, our company holds a 15% share of leather footwear exports in Bangladesh from USD 1.1 billion in leather exports. Since shoemaking is a labor-intensive job, our company has 5500 workers, mostly women, who produce fashionable leather shoes. As a footwear giant, it is our responsibility to be a role model in developing people and supporting the environment. “APEX” means the peak or zenith. Since 1975 we have been committed to living up to our name. AAFL is committed to productivity and quality to achieve its goal of being a leading footwear manufacturer in Asia through its mission of "Honest Growth". Starting a Business in Japan A sovereign island state in East Asia is Japan. It is located in the Pacific Ocean and is located on the eastern coast of the Asian continent and extends from the Sea of ​​Okhotsk north to the East China Sea. China is located in the southwest.Prepare a plan for starting a businessFirst of all we should be planned before starting a business. Define the type of business, accumulate the necessary capital, decide the date of incorporation of the company. Must have residency status for the purpose of staying in Japan. To start a new business in Japan, the company and director need to provide the seal registration certificate. If it is a company, 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. Creating a bank account as part of the company registration process. Which is kept for the capital deposited or transferred to a bank account. Japanese branch that helps to engage in all types of business activities such as import, export, sale of a product and sign a contract for that purpose. Cultural aspects in Japan Culture is the most important part of doing a business. In every country the culture is different from each other. Which impacts all types of businesses. To start a business you need to consider cultural aspects. Japan is considered ultimately modern and completely traditional. They are the most oriented towardsculture. Understanding Japanese business culture is the key to success. To start our business in Japan, we know the value of Japanese culture. They are different from us. Their lifestyle, their values, their beliefs are different from us. The way they think is totally different. We need to understand their culture. We value the cultural background of its Japanese buyers and suppliers and build strong friendship and benefit from spreading business opportunities in the world 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 believed in their internal moderation to maintain parallelism and social order. They do not express their emotions openly. This does not mean that Japanese people have retarded individual opinions. Japan is still controlled by its traditional values ​​throughout the centuries. So we have to deal with Japanese businessmen to build our business relationships which requires in-depth knowledge of Japan, its cultural values ​​and social customs. This helps us conduct our business successfully in Japan. Language Consideration A common language unifies a culture. When people from different areas speak the same language, culture spreads more easily. So, to start a business in Japan, we need to know the way they speak. 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 misunderstand the unwanted tone of a Japanese person. We need to be aware of the language they use. On the other hand, Japanese English is no exception. They use their foreign words. Japanese English has a very strong expression when transferred directly into English, it often causes confusion. So we have to adapt to the Japanese language to communicate with Japanese people. Political factor: The Japanese political and legal system is very perplexing. Japan is a democratic region with strong legal or political values. On the other hand, Japan is a bureaucratic country. Ministerial decisions impact national policies and influence business. Japan has a corporate law that supports inward-looking businesses. Nowadays civil law is followed by the Japanese. All power is in the hands of the Japanese Prime Minister. To start a business in Japan we need to understand the legal and political system. It influences our business decisions and helps run a business successfully. Economic factor: Japan is an industrialized and mixed economy. The government and private company both control production on the market and are quite competitive in free trade rates. Japan should be regarded as socialism. The economy of Japan is called 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 given many trade benefits to Bangladesh with generally low tariffs. Standards and testing requirements specific to Japan Import license requirement Official compliance favoring domestically produced products and discriminating against foreign products High costs of entry due to size of economy Competitors Japanese Federation of Shoe Retailers Japan Federation of Wholesalers Organization of shoes Japan Chemical Shoe Industry Association Overseas Market Analysis Japan: Japan is the world's third largest economic power behind the United States and CHINA. Japan also offers great opportunities)