RED TAPE: Lenoir's business is expanding, despite regulatory hurdles
No one ever said running a small business was easy especially in europe. Regulatory headaches, difficult access to capital and a hodgepodge of privatization policies make the hard job of running a business even harder. Little wonder that more than half of small-business start-ups fail within five years. And yet Europe depends more and more on the bold entrepreneur. Across the region, over half the 120 million private-sector jobs are in small businesses (with fewer than 50 employees). As Europe's industrial giants move jobs to low-wage locales in developing countries, small and medium...
