Today’s podcast is just “me”. I had the pleasure to speak at China Mike’s (no not me!) Sourcing meetup in Chiang Mai, Thailand on the topic of setting up and structuring your Hong Kong and Mainland China business. I took the podcast mic and was thinking of you when I recorded – no slides as this is audio only – but I do reference them in the discussion so I hope it still helps. The slides and all the templates will be made available for GFAVIP members – we will link to that GFAVIP forum’s post. If you want to join a free webinar where we discuss this – check the link below
Topics Covered in this Episode
During the discussion I share a bit of how I got to Asia and into business
Why you should (or shouldn’t) open a company
What is the thought process of opening a company in the first place.
Different formats of a Chinese company
Discuss a bit about joint ventures, WFOE, and Rep offices.
Hiring in China
Discuss how to hire people in Mainland China
Stories of Hires Gone Bad
Discuss a story of an employee who reported me to the labor department
Taking Labor Department Serious
Sharing about being careful how you hire and fire women – especially when they are approaching pregnancy and some stories.
Connecting Hong Kong
The story of why I opened a HK company instead of just a Chinese company
Benefits of Hong Kong
Why do people do it?
Some of the negatives of HK
The audit and other hassles.
Questions from the audience
We get into Q & A
People / Companies / Resources Mentioned in this Episode
√ Forest Shipping
√ China Mike from Made in China Podcast
√ Employee contract in China template, The Manufacturing contract, and Download the slides for this presentation (GFAVIP members only)
√ FREE Webinar to learn more about what we discussed and ask questions
Episode Length 46:06
Thank you so much for listening! This one I hope is appreciated – I keep things real and try to share the story. Maybe some of the things were not too PC (politically correct) and I hope I don’t offend anyone. But to be honest – I used to worry too much about keeping everyone happy. If you try to keep everyone happy – then you will be miserable and no one will be happy. So I am taking a stand on the podcast and going to be a bit more “real” and putting it out there. Hope you enjoy and appreciate that.
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