To open restaurants in Shanghai, you’ve got two options:

1. Establish a wholly foreign owned catering management company.
2. Simply open a restaurant

If you want to franchise in Shanghai or intend to sell your restaurants in the future, option 1 would be fit for you …

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By Vincent Cheung

To open restaurants in Shanghai, you’ve got two options:

1. Establish a wholly foreign owned catering management company.
2. Simply open a restaurant

If you want to franchise in Shanghai or intend to sell your restaurants in the future, option 1 would be fit for you, or you can simply open a restaurant. You don’t have to rent a room in an office block to have the catering management company established. For setting up a catering management company, a suitable place for opening a restaurant is sufficient. As soon as it’s established, you can start to open restaurants, bars or coffee houses as its branch companies. Since the catering management company, which is licensed to engage in investment consultancy, business consultancy, corporate management consultancy, catering (food, dessert, beverage, alcohol) already has most of the required licenses and permits for engaging in catering business, you don’t need to apply for them when you are opening branch companies. Read the rest of “About Opening a Foreign-invested Restaurant in Shanghai” or post a comment

First: an open and flexible mind. May I introduce my two lady friends?

Some people look at this picture and see a crone. Some people see a young woman. Some people can see both, but not at the same time. They choose the one they will see.

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An open, flexible mind and a serious commitment.

By Ernie Tadla

First: an open and flexible mind. May I introduce my two lady friends?

Some people look at this picture and see a crone. Some people see a young woman. Some people can see both, but not at the
same time. They choose the one they will see.

If you are able to see both, you switch from old lady to young lady by changing your perception, your paradigm. Nothing changes on the outside, only on the inside. You can see and understand both sides. Read the rest of “China Lesson Eight: The two things it takes to do successful business in China” or post a comment

Throughout my 30 years in the negotiation game and while playing at all levels, I realised that these three golden rules are really what matter for achieving great results in the game.

These rules apply to any type of negotiation game, whether it is multimillion pound deal, buying a car or a house — The same rules apply.

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