If you are looking to start a business, finding the perfect place to build your company can often be one of the most integral aspects of your success. According to Kiplinger, here are some of the best cities for young entrepreneurs to thrive.
While it’s true that Columbus, Ohio is home to many different Fortune 500 companies, it’s also true that some of the best small businesses with anywhere from just 1 to 4 employees. Additionally, Columbus, OH has a relatively low cost of living, so it means you can save on your living expenses while you are building your business.
Denver’s claim to fame in the business world is that they have the greatest number of small businesses per 10,000 people. Additionally, business costs are far lower in Denver than in other top cities to start a business in the US, making it a great place to set up camp.
One of the most fun cities in the mid-west, it’s also one of the greatest places to start a business. The cost of living is low, and the capital business costs are approximately 3.8% lower than the national average. This means you’ll save on business costs.
Des Moines, Iowa
Another popular place in the Mid-west, Des Moines is a great place to start a business. The cost of living and the costs of housing in Des Moines is cheap, and the market for growing a business is thriving.
Salt Lake City, Utah
Salt Lake City may be a great place to stop by in the winter to ski, but it’s also a great place to start a businesses. The cost of living is low, and business costs are also about 3.4% lower than the national average. Additionally, taxes for businesses and property are generally affordable. Another important thing to note about Salt Lake City is it’s only 45 minutes away from Provo, which is one of Google’s chosen cities for the popular Google Fiber network, and another great place to start a business. It seems there are many options for entrepreneurs in the ski country of Utah.
If you’re not going to move to Austin for the music scene, you may want to consider moving there to start your new business. There are more than 23,500 small businesses in the area, and venture capitalists are crawling the area looking for businesses to support.
Tulsa is one of the best places for small business job creation. If you’re looking to solve unemployment issues and get help from great employees, consider Tulsa.
Nashville isn’t just for artists these days; it’s also for entrepreneurs. Nashville is one of the most affordable places to start a new business, and it’s also a great place to get start-up capital.
Oklahoma City has over 18,600 small businesses, and is a great place to find a job. Additionally, cost of living is low, and business costs are 4.9% lower than the national average. Kiplinger ranks this as the number one spot to start a business.