If you are starting a business in Portugal or you are looking to do business with companies based in Portugal, then it is important to make sure that you do not just head over to the country with no idea about the culture, language or how your service, product or niche will fit into the country.
For example, one of the first things you will need to do is speak to a Translation Company, as they will be able to help you to work out your marketing plan and to understand how your marketing material, business idea and message needs to be translated for the Portuguese market to really understand what you are offering. Just heading over and relying on everyone speaking and being able to read English is both lazy and sloppy, so it’s important to make sure your message is written correctly, in the language that your market will understand.
If you are looking for offices or places to rent for your business, most of the leading property portals like RightMove offering listings in the country, or you can contact one of the many real estate agents based in the area that you are considering moving to. Many of them will assist you in terms of finding the right area and also making sure you understand how the process will work and more importantly, the things you really need to understand.
Other things to consider are things like hiring a local law firm to make sure you are on the right side of the law, as just assuming what works here works there is not the best method of operation, so you need to make sure you have a good team behind you. There are many banks in Portugal to choose from, with some of the UK tradition banks also having a presence in most European countries as well.
If you are looking at relocation, expanding or just starting a business in Portugal, then take your time and get it right, as the less you rush and the more you plan, the more successful you and your company will be in the long run.