As the economy continues to drag along, one might think that starting a business right now is not the best of ideas. However, the opposite is true! One scenario that exists which makes now a great time to start a new business is the fact that there is less competition because many people are simply focused on surviving, not thriving. There is also a head start on gains once the economy turns around as well as lower office space prices and wages.

The following infographic by ProfitBricks ^[1] provides some very interesting data on why it’s start-up time in America.

[Click image for full size version]

^[2]