Availability of infrastructure, political stability, economic growth, opportunities and challenges altogether set up business environment of a country.
Hundreds of top research firms around the world conduct researches to forecast growth and make predictions. One such research by Forbes has listed best countries to do business. This list is based on various factors, including the economic map of the country, infrastructure, ease of business and growth opportunities.
According to the list, top 10 countries to do business are; Denmark, Hong Kong, New Zealand, Ireland, Sweden, Canada, Norway, Singapore, Switzerland and Finland.
Well, that’s not just the end. If you do not live in any of the above countries, it doesn’t mean you cannot do good business. The next best countries with the good business environment are Netherlands, Belgium, United Kingdom, Slovenia, Iceland, Australia, Taiwan, United States, Luxembourg, Germany, Portugal, Estonia, Spain, Lithuania, Austria, Japan, France and United Arab Emirates.
Americas and Europe have always been encouraging business environment, however, it’s pleasing to see some of the emerging countries from Africa, Asia and around the third world. With healthy business environment, countries that are making faster progress include Chile, Malaysia, Poland, Romania, Bulgaria, South Africa, Turkey, Jordan, Oman, Botswana, Zambia, Namibia, Barbados, Indonesia, Ghana, Philippines, Sri Lanka, India, Brazil, Mozambique and Lebanon.
If your country is nowhere to be found above, still it doesn’t mean you do not have good business opportunities around. Developing countries bring more business opportunities than those of developed countries because, where there is a problem, there you can offer a solution. Learn how to come up with a business idea.
We have developed various lists of successful business ideas that work equally good in developing countries as well as in those where there’s a good business environment with developed infrastructure.
=> 51 general low cost or no cost business ideas.
=> 24 home based business ideas.
=> 35 online business ideas.
=> 17 pet business ideas.
=> 22 real estate business ideas.
=> 20 travel & adventure business ideas.
=> 64 food & dining business ideas.
=> 55 writing & editing business ideas.
=> 51 beauty & personal care business ideas.
=> 52 clothing & fashion business ideas.
=> 94 interior design & decoration business ideas.
=> 18 consulting business ideas.
=> 52 low cost business ideas for UK.
So we have business ideas for poor countries, big countries with huge population as well as business ideas for small countries with limited population/area. So, follow the categorized lists and select what suits you best.
In case, if you are already in a business, the lists may bring some additional services in your notice that can add value to your business. Do check the 7 essentials of startup growth in 2015.