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BarryBlog: This week, USA Today had a graphic about how many days it takes to complete all the requirements necessary to start a business in various country. According to the World Bank in the US, they listed it as 5 days. The shortest amount of time? Australia at 2 days. The longest? Haiti at 203 days. After all that time, would the pain your business is trying to solve still be there. This is quite a barrier to entry!
Aussie Aussie Aussie, Oi Oi Oi!
Seems we’re best at another thing in this world. Or does it mean it’s way too easy to start a business down under so there are a lot of poorly thought-out and quickly registered businesses?