Business in india

Want to Start a Business in India? You Will Have to Wait Well Over a Year

Business in India guide

Patience is often said to be a virtue, and yet, for the entrepreneur it certain isn't. If they see an opportunity they have to jump on it. In most parts of the world this is how they do it, but what if you live in a highly restrictive country, one that has so many barriers to entry or bureaucracy to get through that it takes a year or more just to start a business to take advantage of a new opportunity?

In India it takes over 425 to 550 days to get all the permits to start a business there. So much for Economic Development in India, and this is causing a huge issue for job growth, expansion of free-enterprise, as the barriers to entry prove to be too much. How about China instead? Try 250 days.

And if you need power to run your business, well then, you better get your own in most places, as service is completely splotchy, inconsistent, and for the most part, in most parts of the country completely unreliable. Why does this matter?

Well, as a franchisor, it always struck me as odd that many nations wanted me to provide jobs and teach their entrepreneurs how to run a business, and yet, with all the regulations and delays, it hardly made any sense for me to partake in such endeavors, so we passed. But, it is something I would like our entrepreneurs to think about, and consider how luckily they are here in the US.

No wonder there are so many underground businesses in these countries, it sure is the amazing how the rest of the world operates sometimes. Please consider all this.

Ref. "A Bull in China," by Jim Rogers, Random House, New York, NY; 2006 (Chapter II).

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes if you want to run a business you'll need a business phone; Phone Service. Note: All of Lance Winslow's articles are written by him, not by Automated Software, any Computer Program, or Artificially Intelligent Software. None of his articles are outsourced, PLR Content or written by ghost writers. Lance Winslow believes those who use these strategies lack integrity and mislead the reader. Indeed, those who use such cheating tools, crutches, and tricks of the trade may even be breaking the law by misleading the consumer and misrepresenting themselves in online marketing, which he finds completely unacceptable.