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Saturday, November 12, 2011

Five Best Countries To Start A Business In



Are you looking to begin a business? Did you know that location may be a key factor in whether or not you succeed? These countries are the best places to begin a start-up. Get the list and the reasons here!
INC shares…

1. New Zealand

Rank last year: 1
Days to start a business: 1
Access to credit ranking: 4
Over-all ease of doing business rank: 3
According to the study, the “one-stop” shop approach, where most of the government agencies that a start-up needs are linked online, keeps the country on top.

2. Australia

Rank last year: 2
Days to start a business: 2
Access to credit ranking: 8
Over-all ease-of-doing-business rank: 15
According to the data, the country has relatively easy access to credit and ease in trading across borders.

3. Canada

Rank last year: 3
Days to start a business: 5
Access to credit ranking: 24
Over-all ease-of-doing-business rank: 13
In a global trend in which where large economies are mentoring developing nations, Canada has been working with Peru to improve its business environment.

4. Singapore

Rank last year: 4
Days to start a business: 3
Access to credit ranking: 8
Over-all ease-of-doing-business rank: 1
Singapore boasts relatively quick processes for getting construction permits and registering properties, while also has easy access to credit.

5. Hong Kong

Rank last year: 6
Days to start a business: 3
Access to credit ranking: 4
Over-all ease-of-doing-business rank: 2
The study points out that the country is actively making regulation reforms, in the areas of cost and minimum capital, that help foster start-ups.

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