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 provides some very interesting data on why it’s start-up time in America.[Click image for full size version]