7 Analyse how governments can support business start-ups. (other than subsidies). [6]
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- Wealth Wizard
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
(Kn) Education and training (an) The government can help provide education and training to labor, which will reduce the burden of firms and cost of production as they don’t have to stress over skilled labor (an+) hence it encourages firms and eases starting up for them.
(Kn) Easy access to loans (an) The government could provide loans for all at a affordable rate (an+) this will help reduce their financial stress and the business can have enough capital to start their business and invest in it.
(Kn) Easy access to loans (an) The government could provide loans for all at a affordable rate (an+) this will help reduce their financial stress and the business can have enough capital to start their business and invest in it.
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- Trade Titan
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
(KN) By giving capital and financial access
(AN) governments can establish loan programs with new businesses as well as provide them with access to capital,
(AN+) from which business will find it more easier to startup in the market and hence receive support from the government.
(KN) Regulation and simplification of registering
(AN) as if the government can make it easier for businesses to register as well as simplify the process of licensing for them, it would be easier for them to hence come forth in the market,
(AN+) Hence, this could allow more potential businesses to startup and hence make businesses to establish much easier.
(AN) governments can establish loan programs with new businesses as well as provide them with access to capital,
(AN+) from which business will find it more easier to startup in the market and hence receive support from the government.
(KN) Regulation and simplification of registering
(AN) as if the government can make it easier for businesses to register as well as simplify the process of licensing for them, it would be easier for them to hence come forth in the market,
(AN+) Hence, this could allow more potential businesses to startup and hence make businesses to establish much easier.
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- Grand Commerce Guru
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
"Exempted from paying from paying taxes" should be corrected to "Exempted from paying taxes."Ibrahim Aamir wrote: ↑Sun Oct 29, 2023 1:30 pm [KN] Tax holidays
[AN] exempted from paying from paying taxes for a period of time
[AN+]this would encourage firms to produce more as their cost of production would have decreased
[KN] make it easier to enter the market
[AN] by reducing the amount of steps taken to start a business
[AN+] this would encourage more people to start their own business
this would encourage firms to produce more as their cost of production would have decreased" could be improves for clarity. For example, it could be rewritten as "This would encourage firms to increase production due to the reduced cost of production."
Overall aside from this good answer
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- Grand Commerce Guru
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
tax freedoms like tax holidays" could be revised for clarity. For example, it could be rephrased as "tax incentives such as tax holidays."Talha Asim wrote: ↑Mon Oct 30, 2023 12:11 am [KN]Tax reduction[AN] the government can offer tax freedoms like tax holidays or lower income tax which can positively influence investment especially for start ups.[AN]this will allow them to gain more revenue and hence more profits due to less over all costs
[KN]easier access to loans[AN] Governments can implement measures to like less security required so the start up can easily get required funds[AN+] this would help the businesses to walk on stable grounds by financing their basic activities
Governments can implement measures to reduce the security requirements for start-ups, facilitating easier access to necessary funds. This can help businesses operate more securely by financing their essential activities." The second point would also be improved and lead to a perfect answer.
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
ABBAS by changing the wordings a bit you cant hide that you copied the answer from SALMANAbbas17 wrote: ↑Mon Nov 06, 2023 8:09 pm (KN) By giving capital and financial access
(AN) governments can establish loan programs with new businesses as well as provide them with access to capital,
(AN+) from which business will find it more easier to startup in the market and hence receive support from the government.
(KN) Regulation and simplification of registering
(AN) as if the government can make it easier for businesses to register as well as simplify the process of licensing for them, it would be easier for them to hence come forth in the market,
(AN+) Hence, this could allow more potential businesses to startup and hence make businesses to establish much easier.
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- Corporate Commander
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
[KN] Education and training
[AN] Creating an efficient workforce in a larger quantity, increasing the pool of labor available
[AN+] Lowering the cost of hiring employees for businesses
[KN] providing loans with lower interest rates and providing microfinance loans
[AN] motivating businesses to increase production
[AN+] Thus their supply will rise and hence revenue
[AN] Creating an efficient workforce in a larger quantity, increasing the pool of labor available
[AN+] Lowering the cost of hiring employees for businesses
[KN] providing loans with lower interest rates and providing microfinance loans
[AN] motivating businesses to increase production
[AN+] Thus their supply will rise and hence revenue
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- Wealth Wizard
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
Q7 Analyse how governments can support business start-ups. (other than subsidies). [6]
[KN]reductions in taxes
[AN]by giving tax incentives, like R&D tax, and investment tax deductions, that could reduce the burden of finance on start-ups.
[AN]this allows them to earn higher profits, possibly leading towards expansion/growth.
[KN]through training and education
[AN]providing awareness, edu, and training can help foster unique and innovative ideas in the minds of young entrepreneurs.
[AN+]thus with this knowledge, young entrepreneurs can run a successful yet diverse business.
[KN]reductions in taxes
[AN]by giving tax incentives, like R&D tax, and investment tax deductions, that could reduce the burden of finance on start-ups.
[AN]this allows them to earn higher profits, possibly leading towards expansion/growth.
[KN]through training and education
[AN]providing awareness, edu, and training can help foster unique and innovative ideas in the minds of young entrepreneurs.
[AN+]thus with this knowledge, young entrepreneurs can run a successful yet diverse business.
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- Corporate Commander
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Re: 7 Analyse how governments can support business start-ups. (other than subsidies). [6]
[KN]tax holidays
[AN] reducing a businesses cost of production
[AN+] giving them a competitive advantage
[KN]Regulatory Simplification
[AN]reduce the administrative burden on startups
[AN+] hence less time and effort is wasted on this hence motivating the workers and also increasing efficiency
[AN] reducing a businesses cost of production
[AN+] giving them a competitive advantage
[KN]Regulatory Simplification
[AN]reduce the administrative burden on startups
[AN+] hence less time and effort is wasted on this hence motivating the workers and also increasing efficiency