Tips from Practitioners

Felix Richterich
President
Ricola AG
Baselstrasse 31
4242 Laufen

Critical Success Factors for Doing Business in the US

  • Committment to the American market

  • Understanding of American business practices

  • Experienced and motivated location workers, preferably Americans

  • Supervision system of American management (in the form of frequent visits, lawyers, auditors)

  • Original product

  • Clear and defined marketing strategy

  • Communicate the originality of the product to the US market, including its Swiss origin

  • Willingness to invest in the market and tolerance to risk

  • Adherence to business laws and practices

  • Patience