Going Beyond Efficiency

Closing the Gap

Over the past 10 years economies with the most cumbersome business regulations have been gradually catching up by adopting some of the practices seen among the best performers.

Africa the region with the most burdensome business regulations, is actively reforming. In 2013/14 Sub-Saharan Africa accounted for the largest number of business regulatory reforms:

• 75 of 230 regulatory reforms worldwide.

Entrepreneurs Benefit

Reforms in business regulation help entrepreneurs use their time and resources efficiently. Number of economies where it's possible to start business in less than 20 days:

• In 2005 - 41
• In 2014 - 127

10 years ago, importing key inputs from overseas took 48 days for a Colombian entrepreneur, now it takes only 13 days.
10 years ago, starting a business took 57 days for an entrepreneur in Senegal, now it takes only 6 days, just one more day than in Norway.
9 years ago, dealing with construction permits to build a warehouse took 143 days for a businessman in Nepal, today in takes 86 days.

Doing Business is Getting Easier Around the World

Globally, a great majority of the 189 economies covered by Doing Business had an improvement in their distance to frontier score over the past year, more than 80%.

About LaraNet: We are a web design firm focused to help you to grow your business and communicate with your customers and prospects using two simple but powerful tools: 1) Interactive Website and 2) Internet Marketing Strategy on social networks like Facebook, YouTube, Twitter, LinkedIn, etc …
Whether you want to work with just a web page, or launch or improve your presence on Facebook, Google+, LinkedIn or communicate with your customers through newsletters, or improve the location of your business in the search engines through Search Engine Optimization, or start marketing your products or services online, in LaraNet we can help you.

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Enrique Lara