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Writer's pictureMaida Barrientos

The Best Places to Start a Venture in

Updated: May 6

The Best Places to Start a Venture in

Starting a new company is a risky venture no matter where you do it, but the place you choose can have a big influence on your success. We've previously discussed which American businesses generate the most startup creators, but where in the world is the best location to start a new business?

To determine which nations offer the best chances of success for startups in 2023, Business Name Generator analyzed 50 of them based on company tax rates, economic GDP growth, and starting process costs, and ordered them in the graphic below. They also took into consideration each country's happiness score, cost of living, and quality of life — all of which have an effect on employee satisfaction and, by extension, a company's efficiency and profitability.

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