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Is the government an important factor of a Business existence?
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[QUOTE="Kingsley, post: 206951, member: 30278"] In setting up a business venture there is a lot of things to put into consideration, we all know that having the technical know how of the business you intend to do, and also having adequate capital to start up and run the business effectively and efficiently. The government plays a lot of role in business formation and existence. In fact the government gives a business organization that legality that they require to operate and they also confine that power for a business to be seen as an entity that is distinct from their owners, hence making them have the power to sue and be sued aswel. Government also provide an enabling environment for businesses to survive by making provisions of good road and reliable transportation systems that can make goods and services to get to their desired destinations in good time. and they also provide stable electricity for business to have access to regular power supply and power up their businesses, hence they will not waste their hard earn resources on burning fossil fuel to power up generators causing both wastage and environmental pollution and noise pollution. They also provide start up capital for businesses and also provide support funds and training for businesses mostly in agriculture. [/QUOTE]
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Is the government an important factor of a Business existence?
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