Best Cities for Opening a Business, According to WalletHub

Best Cities for Opening a Business, According to WalletHub

Posted by Steinway Moving & Storage on Sep 27, 2016 9:55:06 AM

If you’re considering moving to start a business, you might assume that a big metropolis like Manhattan, Boston or L.A. is the place to be – but according to a recent study by WalletHub, that’s not necessarily the case.

WalletHub looked at 1,268 small cities around the country and used 15 key data metrics including the average growth of business revenue, office-space affordability and the prevalence of investors to assess their relative merits.

Apparently, there are tons of benefits to moving to a small city to start a business:

  • Build stronger relationships with the community
  • Lower overhead costs
  • Potentially less competition

Scroll down to check out the top 10 urban winners.

For a full look at the study, make your way over to WalletHub.

Source: WalletHub
 

10. Deerfield Beach, Florida

9. Cheyenne, Wyoming

8. Dothan, Alabama

7. Clearfield, Utah

6. Inver Grove Heights, Minnesota

5. La Vergne, Tennessee

4. Jefferson City, Missouri

3. Brighton, New York

2. North Chicago, Illinois

1. Holland, Michigan

Topics: Commercial Moving

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