Doing business in Indonesia is so challenging, there are few rules to make it easy.
Avnish Patankar
18K Followers 🚀 | Country lead | Navigating Business Development, Datacenter Colocation, Connectivity and GenAI in Southeast Asia with a Competitive Edge.
Doing business in Indonesia is so challenging 😲
I have gotten tired of hearing this.
I believe doing business in Indonesia is easier than in surrounding countries if you practice few unwritten rules…….
Indonesia is the world’s 4️⃣th largest consumer market. It provides endless opportunities for any firm trying to capture a fast-developing market.
You just need to get your basics right.
👉 Research the market first to understand the culture and consumer behavior. Indonesia has a lot of diversity; it is a multicultural country with over 500 languages on its islands.
👉 You won’t survive a day if you follow Western business guidelines. In Indonesia, doing business means forming long-term relationships with your business partners.
👉 Learning about Indonesia's taxation system and finding relevant information beforehand can be crucial for business success. Most foreign firms must study the best practices to overcome supply chain and other business administration challenges.
👉 Finally, if you want to ensure business success in Indonesia, increase digital adoption for your firm. The fast-growing online market, data centers, and 5G technology have made Indonesia the new tech hub.
What is your business strategy for success in Indonesia? Follow me for insights on Indonesia, data centers, and the latest business trends.
Sales & Contracting Manager | Expert in Key Account Management | Building Strategic Relationships for Sustainable Growth!
2yWell articulated
Managing Director Indian Business, More than 30 years Top Mgmt Professional in Biz Dev, New Foreign & Local Venture Setup, Marketing & Change Mgmt
2yDefinitely easier than India....from foreign companies perspective.