Free Macroeconomic Factors- Political System Essay Example

For the success of every business it is very necessary that we analyze whole macroeconomic factors including political system of the country in which we are going to start out business. This business of Firin bakery is already working in Kuwait and now we are going to be start in Germany. Germany is a country which is known as federal republican parliamentary state. Germany consists of sixteen constitutional states. Germany is known as most populous state of European Union. According to GDP, Germany is considered as a country with 4th largest economy in the world. Germany is a very developed country. It is considered as fifth largest country in the world in term of purchasing power parity.

Political system

Political system of Germany based on multi party system. In the political system it is emphasized that there should be protection of liberty of every individual. In Germany federal chancellor of the country is responsible for running all the government and politics. Bundeskanzler is known as head of federal chancellor and Bundesregierung is head of federal government. Germany is classified as parliamentary system. The government of Germany is very stable. In Germany corruption rate is very low. All the people are very ethical and behave like a good national of Germany.

Human rights

Grundgesetz protects all the human rights in Germany. This country is considered as treaties of most human rights in the whole world. Germany is a country that has mixture of many groups of people related to different religions therefore safeguard of human rights is come at the top for the government of Germany. In Germany individual freedom is considered very important in their culture.

Legal issues

As such there are no strict legal issues come when anybody want to start a business. Labor standards are good and there are fewer issues regarding unauthorized payments. Germany is welcoming new foreign investors to come. As Germany fall under the category of European largest economy therefore culture of Germany for doing business is very competitive. As there is very low corruption rate so people of Germany is very honest and all the labor standards are kept in mind while doing business.

Company (Firin gluten-free bakery)

The company that we are going to start in Germany named as Firin that is a gluten free bakery. It is already situated in Hawalli, Tunis street block 3, building 213/1 store 9 near Sadeq roundabout Kuwait. It is a firm that is formed on partnership basis.
It is the first bakery of such type in Kuwait city. The specialty of this bakery is that all the items that we are going to start in our bakery will be gluten free. We are offering people with our baked items that have no gluten in include cake, biscuit and bread that are free from gluten. Now with the passage of time people are going to be more conscious about their health. Gluten actually causes celiac diseases therefore for people who have health concerns our bakery is a great opportunity to get products of their own choice that is fit according to their medical requirements.
Primary value of our business are giving high reliability, best quality, good level about certification, innovative goods and short development process in our bakery. There is a high level of opportunity for innovation in food sector.
Our business will be for those persons that have medical issues regarding their health. As in Kuwait there are many people who are food lovers. In Kuwait people love to eat in restaurants and like bakery products. But those people who have health issues cannot enjoy all bakery foods. Our bakery will give them a good feeling about their eating habits and they can easily enjoy their food with no health worries.

The Cultural environment of Germany

As we are going to start our business of bakery in Germany it is very necessary that we examine the overall cultural environment of Germany. Germany is a larger country than Kuwait and has big population of different communities. People at Germany are mostly educated and love to do work. Both men and women there go for work. In German approximately 74% of people live in urban areas. With the modernization in country people of Germany mostly love to eat food from outside from home as in many families both family member do work and they not enough time to cook food in homes. Therefore they mostly prefer to eat food from outside.
Cuisines of German people are different from region to region. In German culture Meat with different sausages is eaten with great fond. There is a very good trend of eating breakfast in Germany. German people also love to eat bakery items and we are expecting that our business will run in a very successful way in Germany. In Germany there are many people who belong from different countries of the world. Therefore eating habits of all people are different but common trend of using bakery items is found there. A language that is spoken in Germany is German language that is also their official language. German people love to eat desserts. In our bakery we will also prepare desserts that will be gluten free and we are hoping that people will love to taste it and make this a regular part of their life.

Challenges in starting a business

Conclusion