Ways government can help businesses survive economic crisis.

CALVINDOL

VIP Contributor
Without government support in the existence of business is majority of businesses that we see today may not actually come into existence , almost 56% of a business existence is affected by the government and if the government seems to give no interest to the existence of businesses in the country they are been elected or assigned to governed then the business welfare of such country is at stake . There are so many ways that the government can show their awareness and interest towards the existence of businesses and one of the best way to do so is by providing social amenities and infrastructural projects such as roads and even other good necessary transportation systems . The government can also help in areas of cutting down cost of production of some industries which possibly buys raw material for the production of goods and consumer goods to satisfy the needs and wants of many . Applying subsidy can totally cut down the cost in which a particular business owner would have bought a raw material for production .

Another possible way government can show their awareness and interest to the existence of businesses is totally by issuing business loans and grants to business owners and entrepreneurs who possibly need these loans and grant to establish a business of your own or possibly need these loans and grants to facilitate the financial welfare of their businesses thereby reinstating or re-establishing it into a more better and comfortable stage .
 

TOZZIBLINKZ

VIP Contributor
You are definitely right by pointing out the fact that the existence of businesses totally matters and that is why with the help of government businesses can totally be molded in a good way in which they would not have to suffer any negative repercussions of consequences . There are so many ways that government can totally caring for the welfare and for the interest of business organisations and one of the most paramount and measured way is by providing social amenities for the easy free flow and for the easy allowance of business activities such as transportation and production .

In terms of transportation good transportation system should be provided by the government , the transportation system should also be conducive and free and note stipulated taxes and fees should be placed on it but rather it must be free and ready for the members of the public who possibly own and established businesses to use to their fullest that's having to face any hindrance or consequences .
 

King bell

VIP Contributor
The government has a responsibility to ensure that their nation thrives economically. One of the ways they do this is in times of crisis. In the case of our current economic crisis, we should look for ways to help businesses survive and thrive.

Here are some things the government could do, among other possibilities:
-Give tax breaks to small businesses who hire new workers or offer more hours or benefits
-Increase incentives for investors and entrepreneurs in key industries
-Provide emergency loans and disaster relief funds
-Offer incentives for corporations on exports and imports We must take swift action if we want our economy to succeed again. The longer we take to find a solution to our economic problems, the worse things will get.

Special interest groups have taken advantage of the current situation, and we need to make certain that our government does not become a tool for special interests.
In the end we hope for a more stable economy, one that does not rely on the government's handouts but one that is able to thrive on its own.
 
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