How is the government getting involved on the small businesses in your vicinity?

[Stardom22]

It's the role for the ruling governments to ensure that people run businesses legally and that entrepreneurs do comply to the set rules and regulations as per the business operation act in different nations of the world. So apart from provision of business licences and permits how else do government being involved in businesses?

 

[kit_hung]

The role of government extends beyond just issuing licenses and permits. It also ensures a favorable business environment by enacting laws to protect consumers and businesses. It regulates taxes and fees to ensure that corporate revenues are channeled to the development of the country. The government supports small entrepreneurs by providing loans and financing. It ensures the provision of necessary infrastructure, such as roads and electricity, to ensure the smooth operation of businesses. It also provides business training and certification to those interested in entering the market. The government often acts as a mediator to prevent exploitation and protect the rights of all parties.

 

[Springtime]

In my city, government offers low interest loan to SMEs and mentor support to the owners when necessary.

 

[Kross]

Government really doesn't interfere in small businesses. They give grants and loans once in a while to small businesses.

 

[Augusta]

Government is laying the groundwork for SMEs to grow and succeed with an array of supportive policies, incentives, and funding options.

 

[eLdavis]

They normally have grants and the likes they give out to small businesses, but the problem is that most of the corrupt leaders don't allow it reach the hands of the masses.

 

[Trush Jodie]

The government of my country always regulates small businesses through local authorities. They supervise and make sure that small businesses are operating in the best possible standards.

 

[neku]

Some shops complain that they are being fined if they do not comply to the packaging rules, especially plastic bags. They also say that they more fines compared to vendors.