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The World of Start Ups

WORLD START UPS Between 2010 and 2011, 53 economies made it easier to start a business, 44 streamlined the process of getting credit, 29 made reforms to resolve insolvency, and 18 improved regulations for trading across borders. Notably, 78% of the economies in Sub-Saharan Africa made regulatory improvements that would make it easier for local entrepreneurs to start businesses. BUSINESS START-UP RATES DIVERGING ACROSS OECD ECONOMIES Start-up rates remain below pre-crisis levels in most Eurozone economies and the United States. For those Eurozone AUSTRALIA 250 200 UNITED STATES 150 GERMANY 100 countries France is the exception, with start-up rates boosted significantly in 2009 and 2010. FRANCE 50 SPAIN Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 2006 2007 2008 2009 2010 2011 2012 THE BEST COUNTRIES FOR STARTING A BUSINESS NOW THE 25 MOST ACTIVE STARTUP ECOSYSTEMS AROUND THE WORLD SILICON VALLEY HONG KONG E Days to start a business: Access 2$ to credit 2 NEW YORK CITY ranking: 4 Over-all ease of doing business rank: BELORUS 3 LONDON 00000.0000000 Days to start a business: 4 TORONTO Access to credit ranking: 98 Over-all ease of doing business rank: GEORGIA 0000000000000 5 TEL AVIV Days to start a business: 69 Access to credit 8. 6 LOS ANGELES $4 ranking: SINGAPORE Over-all ease of doing business CANADA 16 8 SAO PAULO rank: Days to start a business: 9 BANGALORE Access to credit ranking: 24 IRELAND 000000e000... 10 MOSCOW A Days to start a Over-all ease of doing business rank: business: T0 PARIS 13 Access 2$ to credit ranking: 12 Over-all ease of SANTIAGO doing business rank: 3 SEATTLE 15 14 MADRID RWANDA A Days to start a 3 CHICAGO business: 6 VANCOUVER Access to credit ranking: Over-all ease of BERLIN doing business MACEDONIA rank: 45 18 BOSTON A Days to start a business: 19 AUSTIN Access to credit NEW ZEALAND 00000000000.0.e ranking: 24 20 MUMBAI Days to start a business: Over-all ease of doing business 22 Access to credit 4 21 SYDNEY rank: ranking: 22 MELBOURNE Over-all ease of doing business rank: SINGAPORE 23 WARSAW Days to start a 3 24 WASHINGTON D.C. business: Access to credit AUSTRALIA king: 8. 25 MONTREAL A Days to start a business: d* Over-all ease of doing business rank: Access 24 to credit 8 HOT INDUSTRIES FOR STARTUPS IN 2013 ranking: O Over-all ease of doing business 15 Which industries are still highly fragmented, yet seeing fast growth and have a low barrier to entry? A recent IBISWorld report spotlights eight industries with great opportunity for startup entrepreneurs in 2013. SOCIAL NETWORK GAME DEVELOPMENT WHY IT'S НО: rank: 5 year VIRTUAL DATA ROOMS compound annual 184% Far-flung virtual teams and increasingly global deals make it harder for dealmakers to get in a room to view confidential documents, so more will rely on secure online data sharing. growth rate: 5 year compound annual growth rate: 2013 forecast growth: 16% 32% WHY IT'S НО: 2013 forecast growth: 16% Growth in the use of mobile devices means more people spending more hours on social media - and gaming is a favorite activity. ONLINE SHOE A SALES More mobile Internet 5 year connections mean DIGITAL FORENSIC SERVICES compound annual 16% more opportunity for data breaches. Revenue for the sector is nearing $1 billion, and the sector is growth rate: 2013 forecast growth: 5 year compound annual 12% 14,5% lightly regulated, making it relatively More and more shoppers are getting comfortable with buying shoes online - Zappos' owner Amazon.com and Footlocker, the two sector leaders, only have a 16 percent market share. growth rate: easy to start new firms. 2013 forecast 11% growth: INFORMATION- A TECHNOLOGY (IT) SECURITY CONSULTING 0000000e000000 The rise of the online agency is bringing new opportunity, especially for sellers of more complex vacation packages. Costs are low to open an online travel site, so many new competitors are expected. 5 year TRAVEL AGENCIES compound annual 10% Recent, high-profile data breaches at companies including Sony, Zappos, and Linkedin has more companies beefing up their security systems. As companies invest in more technology, the need for security expertise will only grow. 5 year growth rate: compound annual 2013 forecast growth: 4% growth rate: 9% 2013 forecast 6% growth: It's an increasingly global world, spurring demand for translation of materials for both business and pleasure (the graphic above advertises a Chinese translation of Finnegan's Wake). The Internet has made it easier for translators to connect with customers, and industry revenue now tops $3 billion. TV & HOME THEATER INSTALLATION SERVICES TRANSLATION SERVICES 5 year This service business requires little startup capital, and a rising umber of U.S. households are purchasing big-screen TVs or ful-blown home theater setups. compound annual 5 year 5% compound annual 2% growth rate: growth rate: 2013 forecast growth: 4% 2013 forecast growth: 3% SOURCES: Mc Graw Hill Answers www.blog.startupcompass.co | www.inc.com | www.gfmag.com| www.doingbusiness.org | www.oecd.org | www.ibisworld.com | www.blogs.wsj.com | www.telegraph.co.uk | www.entrepreneurs.about.com | www.business.mega.mu Education

The World of Start Ups

shared by itc518 on May 29
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A look at some of the best countries around the world where it is the easiest to start a new business.

Publisher

McGraw Hill

Category

Business
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