political scenarios affecting home businesses
TRANSCRIPT
POLITICAL SCENARIOS AFFECTING HOME
BUSINESSES
1) STABILITY OF GOVERNMENT
A POLITICALLY UNSTABLE COUNTRY CAN MAKE IT VERY DIFFICULT FOR FOREIGN
INVESTORS TO DO BUSINESS- CHANGES IN FOREIGN POLICY OR POLITICAL REGIME CAN
MAKE ENTREPRENEURS FACE LOSSES
2) INTERNATIONAL RELATIONS
MAINTAINING GOOD RELATION WITH OTHER GOVERNMENTS IS ESSENTIAL FOR EASY
TRADING. A STABLE POLITICAL ENVIRONMENT ESTABLISH GOOD TRADE
RELATIONS AND ATTRACT INVESTORS
3) GOVERNMENT BUREAUCRACY
SOMETIMES POLITICAL ENVIRONMENT ARE SLOW TO
FACILITATE BUSINESS THAT CAN DISCOURAGE A LOT OF
ENTREPRENEURS
BEFORE STARTING A BUSINESS, HIRE A
POLITICAL CONSULTING FIRM TO MAKE YOU AWARE OF THE POLITICAL ENVIRONMENT