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Canada: Top Three Best Places to Start a Business

Filed in archive Startup by Greg Balanko-Dickson on June 20, 2007

According to Fortune Small Business canada is third in the world as a "place relatively few hurdles in the path of business owners. In each nation it takes between two and five days to start a business and requires five or fewer steps to do so."

Lewis posits that the reason we have so many high-expectation entrepreneurs is that entrepreneurs are "culturally supported" here. Being an entrepreneur is a respected career choice, there are plenty of entrepreneurial role models and failure is not severely punished; a failed business is not considered a family disgrace or a 30 year struggle to pay off creditors here. Via Small Business Canada

Other points include "relatively low marginal tax rates, legal systems that protect intellectual property, enforce contracts, and provide relatively rapid adjudication of disputes."

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Rating: 6.33 out of 3 vote(s) cast.

Add your response to Canada: Top Three Best Places to Start a Business: Response from: healthsky (09/10/07 4:03am) What are the income tax rates in Canada?, I am very interested Response from: Charles (09/19/07 6:27pm) Interesting reasons. But I can´t believe that in other counties like the USA or Germany it is so more difficult to start a business. Response from: Charles (09/19/07 6:28pm) Interesting reasons. But I can´t believe that in other countries like the USA or Germany it is so more difficult to start a business. Response from: Jitendra (06/24/08 1:50pm) This is really winderful...I want to be in canada :-) Response from: kim1987 (02/26/09 2:12am) Hi, I like the above discussion very much.All these, above discussed helps a lot in immersing new thoughts and ideas,I am highly satisfied and oblige for this. kim Home Based Business Response from: EntrepreViews According to this blog: ( other than those below which touches on the entrepreneurial culture,...
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Canada: Top Three Best Places to Start a Business

Filed in archive Startup by Greg Balanko-Dickson on June 20, 2007

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