Fox Business: Best and Worst Small Cities to Launch a New Business

Fox Business notes that small cities across the country are ideal for businesses, with a focus on location and access to resources.

Read the original at 1851 Franchise
Fox Business: Best and Worst Small Cities to Launch a New Business

TL;DR

Fox Business notes that small cities across the country are ideal for businesses, with a focus on location and access to resources. WalletHub identified the top best and worst small cities to launch a business, with Holland, Michigan taking the top spot and Suisun City, California being the worst.

When it comes to opening up a new business, the most important thing is having a solid plan and idea. Once those are set, Fox Business notes that the next thing to secure is a great location. That doesn’t necessarily mean a big city—there are a ton of small cities across the country that are ideal for businesses. To identify those cities, WalletHub rounded up the top best and worst small cities in which to launch a business. The lists were comprised after WalletHub analyzed data of more than 1,200 small-sized cities using 18 different metrics including investor access and labor costs.

Holland, Michigan took the top spot on WalletHub’s list of 2018’s top small cities in which to start a business, followed by St. George, Utah; Aberdeen, South Dakota; Wilson, North Carolina and Cheyenne, Wyoming. On the other side of the spectrum, Suisun City, California was named the worst small city in which to start a business. California claimed seven of those spots in the top 10, with Eastvale, Saratoga, Belmont and Crofton rounding out the top five.

In this story

This story was originally published in 1851 Franchise on April 17, 2018. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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