Why are these financial services companies offering trading consultancy and trade fair assistance?
In Hong Kong and Asia, much like the rest of the world, the financial services market is very competitive. Recently there have been many new start-up companies in the wake of the global financial crisis pertaining to offer you the best wealth management and financial services. These companies are mainly made up of individuals with a rich financial or legal background with a wealth of knowledge in the finance industries.
Many of them were made redundant by banks and investment firms or got out while the going was good. With the increasing number of these firms it is difficult to know who to trust, who to listen to and who to avoid. When it comes to trade and manufacturing issues, its best to look to people within the industry to get a clearer understanding of what is needed.
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I have noticed recently a spate of financial services firms advertising and promoting new services that relate to ‘trade fair assistance services’. Firms that offer finance company setup and tax efficiency services should be very knowledgeable in their own industry. When this crosses over to ‘trading assistance and trade fair assistance’, be very wary.
These two industries are very different and just because a financial consultancy company operates in a certain geographical area, this does not necessarily make them experienced and knowledgeable in other industries. This is especially true when talking about technical solutions to trading and manufacturing issues.
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What is Trade fair assistance?
Deciding to get on a plane and fly to China to a trade show can be a daunting concept. Taking on the cultural barriers of some of the world’s largest annual fairs can seem impossible. This leads many to reach out to one of many companies claiming to offer Trade Fair Assistance, companies that claim to offer on the ground support for your visit.
Be warned! Many of these companies do not offer any real value or benefit to you. Remember these are international annual events catered for you, the customer.
Before handing over your money and trade secrets to any company, be sure of two things:
- Do you need Trade Fair Assistance?
- Are you being offered a service that matches your needs?
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