First Draft about crepe restaurant in Japan Essay

First Draft about crepe restaurant in Japan - Essay Example Japan has been confronted with a fiscal dilemma in its budgeting; therefore an increase in taxation in order to meet the government expenses will be inevitable. On the other hand, establishing a business in Japan is accompanied by diverse legal requirements, some of which are difficult to obtain. The licenses are not only expensive but also a rigorous process is involved in their acquisition. Another politically motivated aspect is the continued deflation, which could cause the bank of Japan to engage in purchase of more government bonds, which could present crises. Political instability including mass protests and strikes can cause the closure of restaurants hence causing a reduction in the amount of profit that could have been obtained. Another risk is competitiveness with companies that have political backing. In so doing, such companies are able to source raw materials at a friendly price and ends up reducing the cost of their foods and drinks. This is a form of unfairness in com petition. If there is lack of political goodwill, the restaurant can fail to stand irrespective of the high level of investment. However, the Japanese government is very stable hence, political risk is minimized. The political risk of doing business in Japan is relatively low compared to other regions (Sigurdson 469). Therefore, Crepe will stand the torrents of time to emerge a successful restaurant in Japan if unprecedented political activities do not occur. The government encourages businesses in Japan in order to steer economic growth in the country. The Japanese are more inclined to existing in groups. This is founded on the emphasis on what the Japanese call amae. This is a concept relating to the social being as well as individual beliefs. It entails looking at others as a way of being socially interdependent. As young children grow, the concept of working and living together is instilled (Kepler, P., Royse & Kepler, J. 170). Therefore, a group forms the core of