In business, it is everything about your location. Regardless of the rise, we have in remote arrangements, this idea is true even if there isn’t a store that is physical. Where your headquarters is can have an effect on who to hire and it can also determine the kind of business partners you would have access to and the investors that would come your way.
Starting a new business can be very unsettling and the investors with the entrepreneurs do have a lot of places they can choose from, but they also have a lot of things to put into consideration when they want to begin.
As stated by the U.S. News 2018 Best Countries Rankings, which is solely based on global perception survey, that there are 7 best countries that you can start your business. These said countries ranked highest against over 6,000 decision makers in business. These 5 places have an attribute of:
•They are affordable
•Their manufacturing cost is cheap
•They are bureaucratic
•They are well connected to the world
•You can easily access capital.
If you want to start a business in this country it takes about 3 days to get you started, as stated by the world bank. This country is known for its high-income community which gives exceptional attention to their minority investors. They are praised for their English level skills, their infrastructure, their public transport and also their hospitality.
If you are starting a new business in this country it would take you almost 23 days to get you started as stated by the world bank. As its settling into its democracy, Southeast Asia’s economy held in an equilibrium state to help boost the entrepreneurs. The government got into partnership with International Finance Corporation, in order for it to be able to sponsor the program of the Eastern Indonesian Small and Medium Enterprise Assistance (PENSA), which is helping to promote the local businesses and also helps in educating the new ones.
If you want to start a new business in Mexico, it takes around 8 days as stated by the world bank. They are praised for their registration forms on business which has led to the increase of the business been registered overall. It’s also very easy for a musician to collect the credit, though registering of a property can be a bit challenging. The only challenge in this country it’s their high rate of crimes, which the business can get affected by robbery or by theft which is stated by the financial times.
If you want to start a business in this country it can take you almost 19 days as stated by the world bank. The paperwork which has the majority process of the registration for the new business can be done online through the website of the country. About 50,000 new liability entrepreneurship took this advantage and they got created in 2014.
If you want to start a new business in Thailand it takes about 5 days as stated by the world bank. It gives a lot of room for new business and hopeful entrepreneurs due to its low density of new business in the country. Though they are ranked as part of the best affordable places for new business makers, companies which are not majorly owned by the Thai are underneath the Foreign Business Act.
This country is a federal European country and it has been regarded as long as a very attractive country where you can live and also work. The country has a transparent government, a good tax environment and also their corruption level is low.
Denmark is a northern Nordic country. It has very low corruption, their transparency level is high, they have a skilled workforce, and their capital Copenhagen serves as an industrial and financial hub.