With Europe enjoying an economic renaissance these past few years, now may be a good time for American entrepreneurs to think about expanding their ventures to the Continent. Doing business in Europe may be financially rewarding, but it can be difficult. Even though most European countries have adopted the euro, that seems to be about the only business aspect that they have in common. In Germany, vendors and suppliers expect to be paid in two to four weeks. Yet, in Italy, you can take up to eight weeks to pay them.
German firms tend to be lean and very technological.
That's not the case in Spain and the United Kingdom. So, before packing your bags, you'd better get up to speed on the business climate in Europe. Here, five Websites to that will give you the real lowdown. You can find advice about locating investors, managing cash flow, and dealing with governmental red tape on this site. It also offers international news, case studies, research reports, how-to guides, country tax rates, and discussion forums.