Penalties Disguised as Fees

Penalties Disguised as Fees
By: Nicholas A. Dunlap, CPM

Good to know we’re not alone. Today’s HBR Daily Stat pointed out that in Zimbabwe, a start-up company faces penalties (disguised as fees) of up to 500% of the country’s annual per capita income. For those comparing at home, the US figure is closer to 0.7%. One can only hope that those fees somehow help expedite things and eliminate the lengthy waiting periods associated with getting anything started or approved in the US.