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French companies' transplants grow in Bay Area
- fierarul 17y ago>Many said expanding a company in France can be hard because of stringent employment laws and the country's small market. In the United States, on the other hand, a startup can expend the same resources to access a much bigger market - and thus faster growth and larger profits. There's also something to be said for the Bay Area's culture of innovation.
- yardie 17y ago>Many said expanding a company in France can be hard because of stringent employment laws and the country's small market. I'm not too sure on employment laws in France. For an entrepeneur Sarkozy has made some pretty good concessions as far as tax obligations. Probably not as good as what you could do get in the US, but better than what it was. Previously, to start a company you had to have the entire year's taxes paid up front, before you made a penny. And you have access to the entire EC. So I don't know what small market is. Unless they mean french-speaking only. But even French companies know they can't rely on all of France to carry their market so much more is spent on localization of applications. One weakness the french do have is an unwillingness to take risks and accept failures. Even in 2010 a lot of college grads are still looking for jobs with the state. But the entire system is stacked against them that way. My first apartment, I had to get a "caution" from my job. A guarantee that if I couldn't pay the rent the company would. For a small startup, this would be impossible unless all your employees came from rich families.