NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Mukesh Ambani
    WhatsApp
    Reliance Jio
    OPPO
    Vivo
    Sensex
    Bitcoin
    NewsBytes
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout


    India Business World Politics Sports Technology Entertainment Auto Lifestyle Inspirational Career Bengaluru Delhi Mumbai Visual Stories Find Cricket Statistics Phones Reviews Fitness Bands Reviews Speakers Reviews

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
     
    Home / News / Business News / Budding entrepreneurs, these 5 countries are best for the start-ups
    Business

    Budding entrepreneurs, these 5 countries are best for the start-ups

    Budding entrepreneurs, these 5 countries are best for the start-ups
    Written by Shalini Ojha
    Apr 11, 2018, 12:45 am 3 min read
    Budding entrepreneurs, these 5 countries are best for the start-ups

    Building a company is always difficult, but in some countries, it is less challenging. Programmes in these countries give entrepreneurs the push they need to kick-start their dream projects. The US News and World Report has ranked the countries best for entrepreneurs on the basis of an educated workforce, infrastructure, ease of capital, legal framework, among other factors. Here are the five best countries.

    High standards of business take Germany to top of list

    Topping the list is Germany, where starting a business comes with least hurdles. Large business hubs like Berlin, Frankfurt, Munich and Hamburg, and a larger marker make it easy to test products. Another factor aiding start-ups is that English is widely spoken. Further, the government allows a lot of write-offs, and clients stay loyal as long as quality is delivered, motivating entrepreneurs.

    Japan, country on brink of cultural shift, comes second

    In the last couple of years, young Japanese have shown penchant towards smaller, entrepreneurial companies rather than multinational brands. With more funds, incubators and networking, Japan is the ideal place for entrepreneurs. A number of getaways and sense of community in the country make lives easier. Though English is spoken, it is advisable for them to learn Japanese to understand hidden layers of business.

    Nothing like the American dream; US takes third spot

    Home to most of the tech-giants, the USA is still the place where failure is not frowned upon. Apart from California's Silicon Valley, entrepreneurs can find a foothold in New York and other cities as well. Plenty of mentors and the zeal to bring about a change with even one idea makes the US the perfect place to 'start-up'.

    Despite Brexit, United Kingdom offers plenty to entrepreneurs

    The United Kingdom took the fourth position on the list proving Brexit hasn't deterred dedication of entrepreneurs to start their companies. It's breezy to find financing, mentors and right employees in the UK, winning half the battle. Getting government-backed start-up loans, free business templates and filing taxes can all be done online. The major roadblock is costly accommodation prices.

    Not only for holidays, Switzerland is excellent for start-ups

    Investing in research and development, years ago, really helped Switzerland build a robust financial sector, leading the country to the fifth spot. Lately, Switzerland has bred many cryptocurrency start-ups. It has business-friendly tax rates and its location in Europe makes trade easier for companies. The Swiss economy comes with its own set of benefits, often making up for extravagant living costs.

    Share this timeline
    Facebook
    Whatsapp
    Twitter
    Linkedin
    Japan
    Germany
    Switzerland
    Brexit

    Japan

    US Defense Secretary Lloyd Austin to visit India next week Lloyd Austin
    Papua New Guinea PM Marape welcomes Modi, touches his feet Narendra Modi
    Want to build constructive, stable relations with China: G7 G7 Summit
    Will be 'happy to host' Quad summit in 2024: Modi Narendra Modi

    Germany

    Germany enters recession after a second consecutive GDP contraction Business
    Disney+ greenlights German Original, 'Pauline': Details Disney+
    After US, Germany reacts to Rahul Gandhi's Lok Sabha disqualification Rahul Gandhi
    Indian couple fights for 3-year-old daughter's custody from German government India

    Switzerland

    Switzerland: Tourist plane crashes in Neuchatel Mountains, several dead Plane Crash
    How much money you need to be among wealthiest 1% Monaco
    Credit Suisse's fall: Tale of scandals and poor choices Banking Regulation Act
    Why UBS agreed to acquire its rival Credit Suisse Banking Regulation Act

    Brexit

    UK: Sunak to 'give everything' to reach new Brexit deal Rishi Sunak
    Liz Truss's cabinet first without white man in top jobs United Kingdom
    UK's new visa needs no job offer: Everything to know England
    UK-EU agree on Brexit deal week before transition period ends David Cameron

    Love Business News?

    Subscribe to stay updated.

    Business Thumbnail
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2023