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201 GREAT IDEAS for Your SMALL BUSINESS, Third Edition by Jane Applegate

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GREAT 187 IDEA: Explore Opportunities in Russia

If you want to understand the challenges of doing business in Russia, consider this: Although automated teller machines (ATMs) adorn major boulevards in Moscow, most people are still reluctant to use them. Fear of being robbed is one reason, but that's not all.

Until 1997 it was legal to drive your car on the sidewalk. In light of that, what Muscovite in their right mind would line up on the sidewalk in front of an ATM?

In addition to impossible traffic jams and crime, Russia's allegedly corrupt politicians, a confusing business infrastructure, and crippling bureaucracy pose real challenges to foreign investors.

No matter how tough it is, doing business in Russia still has tremendous appeal to brave ...

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