What you should know about business culture in Morocco?
Understanding how the business culture works in Morocco will garner you more leverage when it’s time to broker a deal. Know whether you must recognize, bow, or kiss, and save yourself from an embarrassing solecism or offensive behavior. Avoid frustrations by understanding how decisions are made; what to expect at a business meeting; how women fit into the business framework; and what quite an attire is suitable to wear. You’ll be apprised of what the business hours Morocco is to better. Plan your trip and avoid wasting valuable time and resources.
As we know today Morocco is a promising emerging market. The huge growth in developments in the region is living proof of this. The Moroccan government’s commitment to increase the number of tourists is a real incentive for developers and investors alike. Morocco’s luxurious property developments are generally accepted to be of the highest standards available. And very competitive prices allow Morocco to boast top quality property in 5-star luxury resorts. For a fraction of the value of far less caliber property elsewhere. Whether you’re looking to speculate in an exceedingly tourist resort.
In an exceedingly rental unit or a business, there are many viable options. Moroccan business practices are greatly influenced by the French and emphasize courtesy and a degree of ritual. Moroccans favor doing business with those they know and respect. Therefore expect to spend time cultivating a private relationship before a business is conducted. Moroccans are searching for long-term business relationships. Moroccans judge people on appearances, dress, and present yourself well. Morocco could be a Muslim country. So it goes without saying that you simply should be mindful of your public behavior. Also, the way during which you decide to decorate. Both men and girls should aim to hide their shoulders. Women’s dresses or skirts should fall a minimum of below the knee.
In personal business communication, plain-speaking, and a willingness to make eye contact are much appreciated. Greetings even among new acquaintances can last several minutes. It’s not uncommon for men to continue to grip one another’s hands for several minutes after shaking. Do not use your left hand. Women may exchange air kisses in addition to a handshake.
Business in Morocco – Appointments are necessary
Should be made as far in advance as possible and confirmed a day or two before the meeting. It is best to avoid scheduling meetings during Ramadan since Muslims cannot eat or drink during the day. Reconfirm appointments earlier and permit ample time between meetings just in case of delays. Be punctual while meetings can often start late.
Negotiations often involve a great deal of bargaining. Consultation punctuated with social interaction to build up a trusting relationship between the two parties. A deal may take a while to come about in Morocco. But curt attempts to rush the process may scupper the arrangement. Contrary to Western business dealings, which are mostly conducted on a one-to-one level. Visitors here should expect to deal with a number of businesspeople connected to the firm. French is mostly the language of business, although some companies use English. Check which language your meeting is conducted in, so you recognize if you must hire an interpreter.
Usual opening hours are between 8.30 am-12.30 pm, and 2.30 pm-6.30 pm, Monday to Friday. During Ramadan and from June 15 to September 15, businesses remain open at midday. But close earlier in the afternoon, around 2.00 pm. Banks are generally open between 8.30 am-11.30 am and 2.15 pm-4.30 pm.
Business is sometimes conducted within the office instead of over meals. Breakfast meetings are rare. Lunches are usually late and can be leisurely. Moroccans are immensely hospitable people but do also expect courtesy from their guests. If invited to a Moroccan home, it is customary to take sweets. A small gift (such as Western perfume or traditional food from abroad). Or treats for children (such as sweets or toys). Mint tea and sweets or other refreshments will be offered, and it is impolite to refuse.
You will see that making the right moves in business can make or break a successful transaction. Put yourself in a very foreign country and therefore the margin for error becomes greater. Starting off on the right foot with proper greetings and courtesies. It Will be the first impression you leave with Moroccans and the success of your business depends on it.
Understanding how the business culture works in Morocco will garner you more leverage when it’s time to broker a deal. Know whether you must recognize it.