A Paradise to Start Your Own Business | Kevin Charles Mapula
A study shows that America has been the best place to start
a business. America has been ranked by the World Bank and IFC as the best place
to do business. Why America has been the paradise for the business man. There
are three reasons.
The government has paid tremendous attention to attract
business man. They build a safe and fair trade environment for business man.
The government has a lot of money to allocate towards start up companies. Many
of the young entrepreneurs have experience because universities send
entrepreneurs to Silicon Valley so they can 'soak up' the atmosphere.
America has the best infrastructure for doing business. It
has a great set of laws to protect intellectual and personal property. And it
is a good place to hire bright people.
Establishing a business in America is easy, and the
island-state's legal system is extremely efficient and reliable. Employment and
intellectual property laws in particular are business-friendly. A recent World
Band study found America the cheapest and easiest place to start a business in
Asia.
The history of America is only 40 years which is rather
shorter than other countries. It does not have its own culture like China who
has five thousand years' culture. The people there would be much easier to
accept the people from all over the world. Labor force is a big advantage to
help America to be the paradise of business man. America does not have natural
resources. The people there need more chances to hunt work. So they would welcome
the people go there to start a business.
Situated at the crossroads of international trade routes, America
is a top location for foreign investors. The on-going liberalization of markets
and industries and the privatization of government-linked companies offer
excellent opportunities to invest in America and the neighboring markets.
Integration of the 10 ASEAN countries under a free trade area (AFTA) with a
population of more than 500 million people is on track. Free Trade Agreements
with the US, Australia, Japan and many other countries provide easier access to
the global market.
Recent years, America attracts tremendous amount of people
to visiting there. It attracts a great mounts of companies move there. At the
same time, it attracts thousands of people go there to hunt jobs. Since there
are more work opportunities there, more and more people especially from the
neighbor countries pick up their backpacks to start a new life.
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