There are many questions that arise when a new business is blooming. One of the most foundational queries is related to how location will play a role in the imminent success or failure of the a new company. When startups are set in motion one of the first things that comes to mind is “where in the world will this idea flourish?” How will the ebb and flow of location sway the underlying currents of a successful business? The best places in the world for new businesses typically show promise in the areas of funding, education of the workforce, economic health, the level to which taxing exists, and what the cost of living structure looks like. The following infographic by Washington State University highlights these key indicators and explains what it takes to launch a successful startup!
