France Business Environment
According to Doing Business Report 2012, the most notable indicator of ease of doing business in France is Enforcing Contract which ranks 6th out of 189 countries (The World Bank 2012). This high rank is driven by the data enforcing a contract average takes 29 procedures, 331 days and costs 17.4% of the value of legal claim when a contract breach happens(The World Bank 2012). It is generally appreciated that contract is significant important for doing business such as resolving commercial dispute, borrowing contract, sales contract and employment contract, etc.. Efficient and effective contract enforcement will help business expand their network and markets. In our case, investing iron in France will involve large amount of legal issues, the healthy legal system and efficient contract enforcement will significant promote our investment and reduce cost
The World Bank, 2012, Doing Business 2012, [Online], Available: http://www.doingbusiness.org/~/media/GIAWB/Doing%20Business/Documents/Annual-Reports/English/DB12-FullReport.pdf Another outstanding opportunity to invest in France is ease of trading across borders. With reference to Doing Business Report 2012, France places at 24th in the ranking of 183 countries for ease of trading across borders. It is expected to require 2 documents, spend 9 days and cost $1078 for exporting a standard container of goods (The World Bank 2012). These data indicate that it is faster and easier to trade across borders in France which will enhance company’s international competiveness in the long term development. With the expanding of our investment in France in the future, exporting to other European countries is one of the significant operating expenses. Therefore, the efficient and low cost exporting procedure will increase our business
The World Bank, 2012, Doing Business 2012, [Online], Available: http://www.doingbusiness.org/~/media/GIAWB/Doing%20Business/Documents/Annual-Reports/English/DB12-FullReport.pdf Another outstanding opportunity to invest in France is ease of trading across borders. With reference to Doing Business Report 2012, France places at 24th in the ranking of 183 countries for ease of trading across borders. It is expected to require 2 documents, spend 9 days and cost $1078 for exporting a standard container of goods (The World Bank 2012). These data indicate that it is faster and easier to trade across borders in France which will enhance company’s international competiveness in the long term development. With the expanding of our investment in France in the future, exporting to other European countries is one of the significant operating expenses. Therefore, the efficient and low cost exporting procedure will increase our business