drngopal said:
Hi,
Good to know of your qualifications. From your answers I understood that you should have knowledge about countries on a macro level. Taking your opinion about Canada, which I myself also had formed based on people cribbing about jobs etc, how good is a. The support from the govt, b. Redtape, c. Banking sector's financing capabilities and regulations, d. Getting high value, skilled, innovative employees to startup a company? Your opinion is highly appreciated. I an planning to go and keep trying for a job passively for 6 months to a year without stressing myself by depending on it totally to support my family while understanding the lifestyle and local practice and laying the groundwork to start a new company. To the extent of starting something to employ immigrants whose qualifications are upto the mark. In that 6 months to a year I plan to take up some low paying menial job close to my place of residence to meet my family's ends meet as much as possible without chipping off from the cash I take from my present home country.
My belief is that before you land in a new country, learn as much about it as possible. This helps you adapt quicker and will help you overcome many weakness you may have as a new immigrant. For me Canada has immense business potential. I personally look forward to setup a business in Canada. The market is huge and if you get it right, the returns will be beyond estimates.
As a businessman I will choose Canada over other developed countries to start a business.
Benefits of starting Business in Canada according to me:
1) Corruption free environment. Coming from a country like India I know how important it is to a businessman.
2) Canada needs more home grown companies to generate employment, hence government is supportive. If you manufacture products locally then the benefits will be extended.
3) Vast pool of talented immigrants. Majority of them are hard working and will give there best to have a better life and succeed.
4) Banks will look for credit history. But if you have a business plan that is worth investing in and has potential, they will waive of the credit history requirement.
5) Canadians have to import many products from US and that involves lot of messing around with border and customs. Any business that reduces this with its products have huge market on its hand.
6) The country is connected with high-speed internet throughout. E-commerce sector has huge potential.
These are few of the key benefits. I will advice that you look for a job initially. On the sidelines keep networking and meet people of similar interests. I will call it a team building exercise as per the nature of the business. Try getting people on board who are ready to invest in your business.
Also as a business you are giving back to the community by creating employment. Canada will provide you transparency to conduct business activities.