With our unsuccessful start up track record in the back of my mind - I guess Im wondering if the qualities and skills that make successful business people (and their businesses), are considered when people line up to start up...AND...if the right support is provided to help businesses gain/maintain those knowledge and skills.
Just my thoughts but to use your example - a 'sound' business model (if thats the criteria) - shouldnt be enough. Business models should be bloody awesome!! If we're talking about service - then models should show a stronger connection between product and service to deliver value to both the stakeholders and customer to maintain profit streams. As a customer I dont see any value coming my way.
Agree with you - No thanks to the red tape. But I dont think it should be dead easy for people to start up a business. Maybe its about the process being a little sharper at the lending stage.
However after reading Ursaka's experience - if Banks cant get retail right, I doubt their commercial acumen to be able to assess business ventures, let alone their ability and loyalty to support them.
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