Business For Sale Pitcairn | Business For Sale Listings
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Things to Know About the Business for Takeover Pitcairn
Pitcairn Island is a secluded volcanic island in the south-central Pacific Ocean, 2171km southeast of Tahiti and about 6,600 km from Panama. Its forms part of the four islands of the last British Overseas Territories. The other three are Oeno, Ducie, and Henderson. The capital is at Adamstown.
The inhabitants of Pitcairn Island are mostly bounty mutineer of English, Cornish, Manx, Scottish, and Tahitians. The official language is English and Pitkern. The population is made up of 56 inhabitants constituting of the four families.
Pitcairn Island is best characterized as a Nano-economy given the size of its population and the active working inhabitants. The Government of Pitcairn Island sought to uplift its sources of revenue through private enterprising after encountering decline of revenue. Doing business in Pitcairn is rather inviting, especially from its tourism industry. The sale of small home-made artisan products, catering services, house maintenance services is areas worthy exploiting. However, Pitcairn Island is heavily dependent on aid from the United Kingdom, whose mitigation will only be possible through creating more opportunities through the private sector. With its main economy being fishing, subsistence farming, and handicrafts alongside barter trade, it creates an atmosphere of doing business in Pitcairn regardless of the smaller economic activities. The major trading partners are traveling merchants from the United Kingdom to New Zealand route passing through the Panama Canal. However, its undeveloped telecommunication and transportation infrastructure may impede some foreign investors.
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