So you’re ready to jump in and start a business, making your entrepreneurial aspirations come to life; that’s great! Where should you set up shop? Well, Kipplinger’s recently published a list of the top ten best cities for entrepreneurs based on several factors.
The criteria they used to assess cities across the US were four-fold and included: 1) high concentrations of small businesses and good track records of incubating start-ups; 2) patents issued above the national average of 1.8 per 10,000 residents; 3) a healthy amount of private venture capital investments in start-ups; and 4) a cost-of-living score calculated for the self-employed.
The top ten cities after completing the evaluation are:
- Houston, TX
- Indianapolis, IN
- Raleigh-Cary, NC
- St. Louis, MO
- Seattle, WA
- Minneapolis, MN
- Oklahoma City, OK
- San Francisco, CA
- Washington, DC
- Tampa, FL
No matter whether you select one of these cities or another, it’s extremely important to conduct a complete and detailed site analysis of your exact location. GeoMetrx has the tools and the expertise to help. Give us a call today at 1.888.848.4436 or request a demo any time.