Top 7 Cities for Small Businesses

No. 7: Charlotte (North Carolina)

Even though North Carolina is planning on dropping its local income tax in the future, its current rate is quite high. However, lower city property taxes, as well as a relative ease of obtaining a license make it a good place to start a small business, and number seven on our list of top cities for small business.

Local income tax: 5.8%
City property tax: 1.28%
Growth rate rank: 8
License friendliness rank: 10