The process of starting a business is challenging due to the need to put all the right things in place for the business to operate. The place where a person is starting a business also contributes to how easy it is to start a business. For example, it is easier to start a business in the USA than in Europe. The reasons why it is easier to create a business in the USA than in Europe are discussed subsequently.
Easier to raise funds in the USA
It is easier to raise funds for your business in the USA than in Europe. Considering that it is easier to start a business when you have the capital than when you don’t have the capital. For those who don’t have access to capital, they can easily access funds in the USA than in Europe. For example, in 2014, The USA firms raised $52 billion in venture capital while firms in Europe raised $8.8 billion in venture capital. This implies the USA raised about 6 times what was raised in Europe. The fact it is easier to access capital in the USA makes it easier to start a business in the USA.
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