Germans are the Better Prepared Entrepreneurs when Starting Business Abroad

A new research study published by the Anglo-German Foundation claims that Germans display a more classic entrepreneurial mindset than the British, if we accept that a realistic assessment of business risks and the development of adequate risk mitigation strategies are essential components of successful entrepreneurship. While there appears to be many thousands of would-be entrepreneurs in the UK with no hesitation in releasing the considerable equity in their properties to establish businesses in that most risky of settings – a foreign country – many British entrepreneurs do not take the careful, informed and well-planned approach that can provide the basis for the future success and longevity of their enterprises.

By AGF, UK and Germany.

Business Policy Resource.