Just like any other country, there are pros and cons to starting a business in Bali. Sometimes Australians get carried away by a dream that is likely not quite as marvelous as they first thought. Starting a business in any country is a challenge. If you decide to go ahead, make sure you consult a professional digital agency to get advice on web design and professional SEO so your website designer can set up the right kind of website for you.
Most of the pros and cons of setting up a business in Bali relate to the different laws and the different lifestyle, both of which most Australians don’t understand completely unless they have lived in Bali for several years and gone out of their way to understand the culture. If you’ve only gone there on holiday a few times, you won’t necessarily understand what it’s all about and how different it can be from back home.
Pros
- Costs of setting up a business can be cheaper
- Setting up a business has now been made easier and the process takes less time than it used to.
- Wages are cheaper so running costs will not be as expensive as in Australia
- The people are friendly and welcoming
- The lifestyle is less stressful
- It’s not too far from Australia for visits home
- For a business that is tourist orientated, there are plenty of tourists