Business For Sale Iceland | Business For Sale Listings
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Get to Know About Iceland
Iceland, whose population is the lowest in Europe, is located in the North Atlantic. Iceland is one of those few countries which is committed to the usage of renewable energy, giving it the distinction of being one of the greenest nations of the world.
Earlier, fishing was one of the primary industries in Iceland, but in recent years there has been a growth in the service and manufacturing sectors. Tourism is also a growing industry, and millions of people visit here yearly. The agriculture industry is also growing, with products like green vegetables and potatoes. Biotechnology is also a growing sector along with the production of software.
Doing business in Iceland has got many advantages, one of them being its stable political climate. There is the ready availability of skilled, educated, and innovative workforce. Another advantage is its geography. It is strategically located in the middle of Europe and North America. The business regulations and government policies in Iceland are very investor-friendly.
Challenges in Iceland include increasing public debt. There is also the need to make improvements in the fishing industry to make it more viable. Moreover, you may find difficulty in obtaining financial assistance for joint ventures. Another problem is the shortage of proper spaces for offices and homes.