June 9, 2007

Hawaii- Doing Business in Paradise

Hawaii does not rank well on most business indexes. There is a limited amount of land that is open to development, which restricts the start up of new plants. It is also thousands of miles from the United States so goods have to be brought in from the mainland at added expense. That said there are many economic activities going on all the time in Hawaii including tourism, agriculture and the collection and sales of native Hawaiian crafts. The military is a big contributor to the Hawaiian economy, including the well-known base of Pearl Harbor, on the island of Oahu, attacked by the Japanese on December 7th, 1941. Today, tourism is the leading activity, something to keep in mind when you form your Hawaii Incorporation. The population of the islands is about 1.3 million, with most of them living on the island of Oahu.
Pineapple, coffee, sugar cane and macadamia nuts are grown on Hawaii and there is also a considerable amount of livestock and food processing. Tourists have also contributed to the upkeep of the state government through paying the general excise and hotel room tax.

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Full Article At: KnowHow-Now.com Articles

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