Register or log in to explore all our content and services for free on Admin Junkies.
In some countries government policies on business plays a positive role in the growth of those businesses while some has really taken a negative toe on bysiness. I urge government from sectors to looking into this policies.
[automerge]1613337505[/automerge]
In some countries government policies on business plays a positive role in the growth of those businesses while some has really taken a negative toe on bysiness. I urge government from sectors to looking into this policies.
Yes you are right and I totally agree with yoy,the government policy is a rule or principal that hopefully better guides decision, they save as the body that guides most of the affairs of business.A government policy is a rule or principle that hopefully better guides decisions, resulting in positive outcomes that enhance the community or unit. Government policies contain the reasons things are to be done in a certain way and why. ... Policies are not laws, but they can lead to laws.
Apart from the increase in taxes and import duties, there are other unfavorable policies that do not help promote the economy of a country. The high lending/interest rates is one of them.There are some kinds of policies that might be introduced by the government that does not favour businesses. Is sudden increase in the amount of tax or licensing fees is not going to do any good.
Most of the policies set up by my government over here in our country doesn't really feel for small business especially because of the number of taxes that they are forced to pay.We all know that business can be affected in so many ways and directions. One of the major things that always change the trend of business is Government policy. Most of the time Government policy don't usually favour business owner but few might be lucky to change the fortune of their life.
What is your experience about the policy set up by Government?
Everything depends on the kind of policies that the government are making that are affecting businesses that are operating in the country because if the policies are off positive impact on businesses it will definitely favour them.In some countries government policies on business plays a positive role in the growth of those businesses while some has really taken a negative toe on bysiness. I urge government from sectors to looking into this policies.
[automerge]1613337505[/automerge]
In some countries government policies on business plays a positive role in the growth of those businesses while some has really taken a negative toe on bysiness. I urge government from sectors to looking into this policies.
Your assessment is quite frank and true. Government plays a huge role in businesses both directly and indirectly. They can assist business by providing grants and financial assistance to entrepreneurs, reducing taxes and provide stable electricity.Government directly impact businesses. They create conducive environment for business to thrive by creating good policies and also try to build the value of it's currency.
And also security. Businesses doesn't thrive in an insecure environment. Government is one of the important agent that could decide the success of businesses in the countryYour assessment is quite frank and true. Government plays a huge role in businesses both directly and indirectly. They can assist business by providing grants and financial assistance to entrepreneurs, reducing taxes and provide stable electricity.
You have made a very good point. Unfortunately most aspiring entrepreneurs always overlook the role the government can play in establishment and sustainment of business in a country.And also security. Businesses doesn't thrive in an insecure environment. Government is one of the important agent that could decide the success of businesses in the country
Government policies are meant to aid the growth of any business by providing an adequate environment and favorable laws that business owners could use with ease. However, government polices have not been friendly of late. They tend to make harsh laws that negatively affect business. And example of such is heavy taxes that are required to be paid occasionally by these companies.
Sometimes small businesses are usually taxed heavily by the government agencies. The issue of multiple taxation must be addressed in order to ensure that many businesses do not suffer as a result.Government should make policies where they tend to exempt taxes on small businesses. This is because a high rates of taxes affects middle class in a much harsh way. Government should at least try to minimize taxes.
Log in or register to unlock full forum benefits!
As a webmaster community we provide fresh content on a daily basis. We aim to be the best admin and webmaster community around. Discuss various aspects, promote your project, and learn to be better by fellow webmasters. Browse through our Articles for helpful tips and tricks.
By registering with us, you'll be able to discuss, share and private message with other members of our community.