Best Cities to Open a Business ? 1851 Franchise Magazine

By JORDY PATANO

Ever dreamed of becoming a small business owner and wondered what?s the best environment for a start-up? We?re here to help you figure out if a move is the right choice to spark your entrepreneurial spirit. Below is a list of the top cities that are the friendliest to new businesses. We took into consideration the growth of each city, impact that franchising has overall, tax-benefits and the overall acceptance of newly launched businesses.

1.?? Austin, TX

Austin has been one of the fastest-growing cities for the past three years and it doesn?t seem to be slowing down. Austin is seeing an influx of new residents who are demanding new businesses to keep up with such tremendous growth. Opportunity abounds here.

46.88- The highest business vitality in the country

91%- Rate at which population is rising

136,900- Jobs created through franchising

9,000 current franchises

4,436 workplaces provided through franchising

2.?? Raleigh, NC

Similar to Austin, the? economic climate and continued population growth are the perfect combination to foster small business growth and corporate relocation. Raleigh has seen an upward? population change that is expected to continue, and the city also maintains a strong and thriving economic market.

40.89- Small business vitality score

86.5%- Rate at which the population is rising

55,000-Jobs created through franchising

3,700-Workplaces provided through franchising

3.?? Houston, TX

Texas and its major cities have continued booming, and Houston is no different, with tax benefits for business owners and a positive environment for hiring.

37.48-Business vitality score

50%-Rate at which population is rising.

211,800-Jobs created through franchising

5,300-Current franchises

4.?? Salt Lake City, UT

With highly-favorable business conditions and room for growth, the Salt Lake City-Provo area is experiencing an influx of residents as well as new business headquarters, where residents can experience both the benefits of the West in an urban environment.

33.10-Business vitality score

66.9%-Rate at which population is rising

90,000- Jobs created through franchising

2,956-Workplaces provided through franchising

5.?? Atlanta, GA

Atlanta is a hub for both Fortune 500 companies and some of the biggest franchisors in the industry. Not to mention the state government is creating a welcoming environment to corporations looking to expand their presence.

33.10-Business vitality score

67.8%-Rate at which population is rising

362,900-Jobs created through franchising

10,370-Current franchises

Source: http://www.1851project.com/bestplacestoopenabusiness/

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