Infographic: Why Now is a Good Time to Start a Startup

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Jan 4, 2013

Tough economic times have often been the best times for starting a new business – just ask the creators of General Electric, Walt Disney, Burger King and Microsoft.

The slow recovery -- rather than discouraging enterprise -- may actually be the ideal time to make major moves towards the free enterprise dream. With more funding options than ever, cheaper office space, and increases in technology, the time to start a business is now.

In fact, 2013 could be a big year for startups, according to Small Business Trends.

Many are predicting more businesses will be started in 2013.  Part of it led by Millennials who have wholeheartedly embraced entrepreneurship, and part of it from the explosive growth of the freelance economy. In the latest Elance Global Business Survey, 40 percent of respondents were doing online freelancing work on the side while working full-time jobs. Elance predicts with the advent of Obamacare, many of these part-time freelancers will ditch their jobs for full-time freelance entrepreneurship.

This infographic presented by ProfitBricks further makes the case for why it’s startup time in America.

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