All nations should eliminate paid-in minimum capital for business start-ups

Since the inception of Doing Business in 2003, 55 economies eliminated the requirement for paid-in minimum capital at the time of business start-up.⠀⠀These reforms significantly reduce financial barriers to entry for aspiring entrepreneurs seeking to formalize, allowing their start-up capital to be invested in productive activities.

Porter’s Five Model: An Analytical tool for Small Business

In a challenging or difficult business environment or market, Michael Porter’s 5 model is a popular marketing tool that helps business owners and managers to remain competitive. The Porter’s 5 Model Porter’s 5 Model is a framework for analyzing a business competitive environment. It looks at the attractiveness and potential profitability of a business industry