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Latest news & top stories about Business Model, The Haitian Internet Newsletter. Read the following articles about Business Model
Haitians Import Everything, Haiti imports reached an all time high back in October
Besides some of the fresh fruits and vegetables that comes from the countryside, the Republic of Haiti imports everything. On average, Haiti imports $266,000,000 US dollars of goods and commodities from other countries each and every month.
In October of last year, 2017, Haiti imports reached an all time high 0f 408.16 million US dollars according to TradingEconomic.com
Wow... How is that helping the Haitian economy and job creation?
Make me wonder... What if all that money, or most of it, was being reinvested in the in the country?
Haiti's ranking in Forbes Best And Worst Countries For Business 2018
Forbes released its best and worst countries for business 2018 and Haiti is not exactly where we would like it to be in that list. Haiti is not quite opened for business according to the Forbes list.
Forbes determined the Best Countries for Business by rating 153 nations on 15 different factors including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape and investor protection.
Haiti ranks 151 in the list 153 countries as one of the worst countries for business, third from the bottom, out ranking only Gambia and Chad.
Doing Business in Haiti - Do you Trust Family, Friends or Strangers to Run your Business?
I speak to many businessmen in Haiti and they tell me NEVER leave a family member to run your business... others say they dont trust anyone but family. What do you say?
KREYOL: Haiti - Kilès ou fè plis konfyans ak biznis ou? Fanmi? Zanmi? oswa Etranje?
When doing business in Haiti, do you trust family, friends, or strangers?
I heard stories from haitians in the diaspora who had terrible experiences leaving business partners in Haiti to run thing only to discover when they arrive that there is nothing left.
Haiti - TOUT Sekte ap Plenyen, Problem Economique, Lajan Pa Sikile, ti pep raze, Granneg raze
Mezanmi, Bagay yo DI en Haiti, ni moun anwo, ni moun anba, TOUT ap plenyen, problem economique, lajan pa sikile nan peyi a... Si ti pèp la paka achte, sa vle di grosis paka vann... Se yon katastwòf...
Gen yon gro dirijan ki vizite m lakay mwen, li se yon notab nan ville la. l'ap plenyen paske tout kliyan li yo ap plenyen yo razè.
Si kliyan razè, yo paka peye misye pou sèvis li ofri nan sosyete a... Si ou ta wè dirijan m'ap pale a, ou ta panse bagay yo bon nan men li. Men okontrè, tepi ou tande malere l ap bay sevis yo pa genyen kòb nan men yo, sevis li offri a rete nen men li.
In Haiti, It Takes MORE than 3 Months to Start a Business Compared to a few hours in New Zealand
According to The World Bank's "Doing Business' report, it takes MORE than 3 months, 97 days, to start a business (register a company) in Haiti, Compare that to a few hours online to start a business in New Zealand...
Out of 45 economies, out of 33 Development economies, Haiti ranks #182 out of 189 in ease of doing business... #1 meaning easiest, #189 meaning HARD as hell...
Read the article from TheEconomist.com published Oct 31st 2015
Question: Why does it take so long to register a company in Haiti?
Do you think of Haitian STREET Vendors as Entrepreneurs?
In Haiti, jobs are rare and many Haitian men and women resort hustling in the streets for a living. Do you think of them as entrepreneurs or something else?
We call them "Ti Machann" and most of us do not respect them for what they do for a living.
We have a tendency to respect the Haitian doctors, lawyers, even the "NOTAIRE", yes... a notary public, a service that is available at every post office and every UPS store in America, but is a really BIG deal in Haiti, but we have no respect for the "Machann Fresco" and the young man in the street corner selling phone cards for a living.
What is a Business Model?
"If you don't have a business model for your website, then all you have is a flee market"
Hello My Friend,
Today's article is very special... The reason it is so special is because I myself have leaned a great lesson in the past couple of weeks that I want to share with you.
You know that I had to shut down my website McDollars.com. Actually, I changed the name to MakeDollarZ.com
Optimal Business Models - What is a Business Model?
1. What is a Business Model?
A Business Model is a blueprint of how a business is structured and operates. It is usually documented as an Organization Chart, Job Descriptions, Standard Operating Procedures and Work Instructions.
The purpose is to create and maintain well-defined business systems, enabling the company to produce consistent results in a system-dependent rather than people-dependent fashion.
2. How does a company operate a Business Model optimally?