A new infographic by Intuit looks at the cost of starting a new business in the United States as compared to other countries around the world. It notes that inflation and currency exchange rates play a large role in the costs of doing businesses in various countries.
The graphic gives information about start-up costs, time to launch, and success rates in different countries. New Zealand and Singapore are ranked numbers 1 and 2 in terms of the easy of doing business.
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Some of the figures at the bottom are apples-to-oranges sorts of comparisons (success rates in the U.S. over the course of three years versus failure rates in France in a business’s first year, for example) but the information draws an interesting picture of some of the places in the world where small businesses are thriving.
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