Leather House is a leather goods manufacturing company. We started our journey in Bangladesh from June 20, 2015. Leather products are basically two types, one is ‘Footwear’ and another is ‘Goods’. This company is doing their business in leather goods. Leather house is a private company. The name of the owner of this company is Md. Anwar Hossain.
As a leather manufacturer they are focusing on produce high quality products. We have our own factory in Hazaribagh, Dhaka. We use finished leather as our main raw materials which is collected form our own tannery. Basically, we have tannery business, named Delta Leather Complex, where we produce finished leather (like cow, goat, sheep and buffalo). Different types of leather are …show more content…
We want to do international business. Our aim is to export our product into the foreign markets and we started working for it. For expanding our business, we have selected South Africa because the country is offering some multiple potentials. So, we have chosen South Africa as our foreign target market for exporting our leather goods. We export our products to the third parties they will collect products from us and do their business in their own country. South Africa is a developed country, they have stable economy and people have good purchasing power. Though South Africa’s economy is divided into two parts, one is First World and another one is Third World, we actually target First World economic …show more content…
Those are political, legal environment, cultural, economic condition, Infrastructure available, technological advance meant and so on.
South Africa is a great nation. Among all the nations in Africa continent, South Africa is one of the most solvent and influential country. It's politically and socially stable country. Also, African Union helps all sort of business matter very sincerely.
3.3.1.1 Political Factor in South Africa:
South Africa is a parliamentary democratic republic country. Few years ago, election was taken place. Leading are African National congress, African National congress, African Independent Congress. Their political situation is stable which really attractable for making business.
3.3.1.2 Regulatory Environment factors:
Whenever you are going to a certain country in order to make business, you have to follow some sort of rules and regulation of that specific country. Without following that, you cannot never run the business over there. There are some laws that related to regulated the business.
• Banks Act, 1990, Insolvency Act.
• Magistrates' Courts Rules of