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What Makes Germany an Attractive Market for Your Business Expansion?
As the largest economy in the European Union, Germany is a formidable force that is hard to ignore when it comes to business development and expansion. If you are considering starting a business in Germany, you probably want to know why this market is attractive for you and your operation.
Here are just a few reasons why people around the world are considering owning their own venture in Germany:
1. A Dynamic Economy:
Due to its central location in the heart of Europe, Germany is a diverse country with a variety of skill-sets and submarkets that make it a vibrant and dynamic economy – welcoming to all. Plus, with a commitment and innovation thanks to the country’s openness to science and research, Germany is the European leader with 67,899 patent applications submitted in 2016 alone. That’s how much innovative activity is occurring each day.
2. Predictability and Reliability:
Unlike other EU nations, Germany comes with a stable political and economic environment that is unwavering. You don’t have to worry about the fall of a government or the crashing of an economy. Additionally, Germany passes legislation that protects businesses and business ideas, from inventions, to concepts, that make it a reliable place to do business.
So why should you consider Germany for your business expansion? From the availability of workers, skills, and innovative ideas, to the stability of a powerhouse government and economy, Germany has it all today.