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You can start a business just about anywhere; it’s true.
But over the past four weeks we’ve taken a particularly close look at some of the cities across the U.S. where entrepreneurs seem to be starting them the most.
What we’ve found is that not only are there cities that seem to serve as hotbeds for entrepreneurial activity in general, it goes a bit deeper than that.
There are also places where statistically certain kinds of entrepreneurs seem to start business with greater regularity than others.
Drawing on research from the U.S. Census Bureau’s Survey of Business Owners, we compiled lists of the 30 top cities for women entrepreneurs, the 30 top cities for minority entrepreneurs and the 30 top cities for small business entrepreneurs.
But that’s not all!
We also looked at the possible reasons certain communities seemed to be favored by some entrepreneurs over others.
Below, you’ll see a full infographic showing off that research. (We hope you’ll share it with others using the embed link provided.)
We also drew from another study by financial empowerment site NerdWallet to compile a list of the 10 best cities for young entrepreneurs, in case you’re interested. (Sorry, that data wasn’t included in our infographic below.)
What are we hoping readers will take away from this series and the information it imparts?
One thing might be that, while you certainly can start a business anywhere, it’s a good idea to look around at the community where you’re thinking about getting started.
Does it have the right labor pool, customer base, income level, even education level to make your business a success?
Businesses thrive in ecosystems that provide just the right mix of factors critical for their success. Enjoy the information below and start thinking about whether your community has the right balance of resources, available customers and more to make your company a success.
Best Cities to Start a Business
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More in: Best Places, Small Business Statistics
Where are Troy, Ohio, and Manchester, New Hampshire? 😉
Which is your favorite city for starting a business?
Seems to match pretty closely with 10 largest populations. What cities have the highest numbers of entrepreneurs per capita?
I think that I have seen this article as text before. It looks a bit more interesting as an infographic.
We friends have started a small business in the USA. In this new start, PSD Global helps us a lot. PSD Global is an international consulting firm which focused on helping growing firms accelerate their international sales and business development objectives.