As the economic and financial center of the Panama, Panama City is unequivocally the country’s business hotspot. Thriving heavily as a hub for banking, commerce, and tourism, there’s more than just a beautiful view here. So in the very likely event that you end up down south on business, here are a few tips to successful business meetings in Panama City.
BUSINESS MEETINGS IN PANAMA CITY: KNOW THE CULTURE
Believe it or not, there’s much more to business than numbers and sales. Behind every transaction and every deal, there are people. In Panama, social and business norms operate at a very different level than they do in North America, or anywhere else in the world for that matter! It’s important to be mindful of where you meet your Panamanian client, how you dress, and what you say. Luckily we’ve got you covered. Head over to this site and get a crash course on the essentials before your next meeting! But wait, there’s more.
BUSINESS MEETINGS IN PANAMA CITY: PICK THE RIGHT SPOT
In case you’re unfamiliar with Panama City, you’re in for a lot of hot humidity, torrential rainfall, and a slew of seasonal mishaps in between. And that’s just before lunch! When looking for the right location to book a meeting with a client, take weather into account. The last thing you want to do is end up in an open space cafe in an exceptionally loud part of town on a humid day. So book yourself a room through eventective, or spend some time browsing the local hotspots on Foursquare. If all else fails, your CorporateStays apartment makes a great location for a meeting!
BUSINESS MEETINGS IN PANAMA CITY: DRESS FOR COMFORT
Keeping up with the theme of weather and cultural norms, your wardrobe will call for a quick adjustment before you head down south. Your beautiful selection of shirts or jackets will go unused on your trip, so recalibrate yourself to the climate. Opt for lighter fabrics over layers of heavy cotton. While short sleeves are not always seen as a good idea for professionals in North America, they are a standard in Panama among businesspeople. A good place to start is this travel blog. And remember, the more comfortable you are, the better your decision making will be!
BUSINESS MEETINGS IN PANAMA CITY: LEARN UN POQUITO DE SPANISH
This goes above and beyond, but let’s assume this deal is one you desperately need to close. Learning a few basic words in the most prevalent language in South America goes a long way. For one thing it shows locals that you’re willing to put in the effort towards easing communication. This directly translates to more fluid and friendly business acumen. And if any of your clients are talking about the meeting, you can pick up on how they feel. this allows you a greater insight into what you can do to adjust your deal enough to play to their needs. Whichever way you look at it, you win out!