What are the most common mistakes made by investors?
These are mistakes we hear about most often: • Investors try to equate how business is conducted in their home country with how business is conducted in the U.S. Both formal and informal methods of conducting business are different. Businesses should approach the U.S. market with no preconceptions and ask questions to assess the facts on all issues in which they are involved. • Investors fail to request assistance or seek professional advice before making decisions. With so many services available to assist companies in locating to North Carolina — both free and “fee-for-service” — no business executive should feel they are working on their own. Gather a team of resources you can call on to address technical questions in each area of your company’s needs. • Companies fail to include in the site selection team the individuals who will ultimately run the facility.
