The top cities for small business span the U.S. This isn’t surprising. As is widely known across the States, starting your own small business is a great way of increasing your income and gaining control over your finances.
One of the most important aspects entrepreneurs have to take into account when starting a business is the location. The location proves itself to be an important matter especially when small businesses are concerned for several reasons. Small businesses are often unable to sustain high overhead costs and they typically lack the support and resources larger businesses can rely on. Because of this, one thing any entrepreneur has to ensure before opening his or her small business is that the location of the venture is the right one.
To help you with this choice, we would like to present you with a list we have compiled of the top top cities for small business. In ranking the following cities, we have used several indicators, such as city growth rate (taken from Milken Institute’s survey on Best Performing City), the local income and city property taxes, as well as the ease of receiving a license (taken from Thumbtack’s Small Business Friendliness Survey).
Four of our top cities for small business are located in Texas. The Lone Star State is renowned for its friendly tax regimen, making it a perfect location for those who are just starting in the world of entrepreneurship.
Continue reading to see what other states have made the cut.