Never miss a story

Get subscribed to our newsletter


×
Whether you plan to operate in a physical store, or virtually as an online business, there are certain areas in the US that are considered small-business hotspots which all emerging entrepreneurs need to know about.  Pixabay

The United States of America is well-known for being the land of opportunity. However, when it comes to establishing your own new business, it is key that you consider where it is best to set up shop. Whether you plan to operate in a physical store, or virtually as an online business, there are certain areas in the US that are considered small-business hotspots which all emerging entrepreneurs need to know about.

Follow us on Twitter to get more updates from us!!


While traditionally, potential business owners would flock to New York and San Francisco to start up, there are many other cities and states that are much smarter options for small business owners. So, we have put together the top 5 places we would recommend for starting a business in the US.

Virginia


Unemployment is low in Richmond, Virginia, and below the national average at just 3.7 percent, so it is no surprise that new business owners are flocking to this bustling haven of success. Flickr

The state of Virginia has recently become an up and coming place for new business owners, especially the city of Richmond. Richmond offers new entrepreneurs a business-friendly city, with low living costs, a six percent corporate tax rate, and transportation advantages thanks to the Port of Virginia, and Port of Richmond.

Unemployment is low in Richmond, Virginia, and below the national average at just 3.7 percent, so it is no surprise that new business owners are flocking to this bustling haven of success.

Washington D.C

While our nation’s capital is largely seen to be focused on politics, there are many up and coming small business owners that are thriving in Washington, D.C. It is home to a diverse and well-educated workforce and has the highest percentage of residents with a bachelor’s degree or above. The area is known for investing financially in the business sector, and $700 million was pumped into new tech companies in DC last year.

However, the general consumer tax rate is 5.75 percent, meaning that it is a little higher than some areas in the US. Yet the metro area of Washington D.C is a solid and strong business environment for starting your own business.

Texas

Texas is very business-friendly and is now brimming with new startups and businesses in various cities across the state. For example, El Paso is the largest metro area along the US/Mexican border with an 80.4 percent Hispanic population. It has a growing collection of potential entrepreneurs, largely because of the city’s low taxes, labor rates, and energy prices, compared to the rest of the US.

The city of San Antonio is also emerging as one of the best cities in Texas to start up your own venture, as it has recently become a major player in the Information Technology industry. The sector contributes around $10 billion a year in the region and employs more than 34,000 people. This is a place to watch if you are aiming to start a business in the IT sector.


The city of San Antonio is also emerging as one of the best cities in Texas to start up your own business, as it has recently become a major player in the Information Technology industry. Pixabay

Atlanta

Atlanta is home to more than 5.3 million people and a staggering 150,000 businesses. In Atlanta, you will find many Fortune 500 companies, which is why so many new businesses flock there to establish themselves.

Atlanta also encourages the local startup ecosystem by facilitating host events to bring local leaders and entrepreneurs together, so you won’t be short of networking opportunities!

Also Read: Due to Covid-19 Hiring in India Down 7%, Says Report

Florida

Sarasota, Florida, has become a hub for new businesses, especially online e-commerce companies. The city’s economy is made up of the arts, culture, and education sectors, but $2.6 billion was generated by tourism last year. This has made Sarasota a very appealing area for new business owners to set up and grab their piece of the pie.

Choosing the best area to start up your own business can be difficult, but by doing your research on your specific industry, you can find the perfect place for you and your company’s future.

[Disclaimer: The article published above promotes links of commercial interests.]


Popular

Photo by Pedro Durigan on Unsplash

The world's largest producer of ketchup announced the Packet Roller, a ketchup bottle-shaped gadget that allows users to squeeze the most out of a condiment packet, CNN reported.

Heinz has just rolled out a new product that the condiment company says is the "biggest innovation in sauce since the packet itself." Earlier this month, the world's largest producer of ketchup announced the Packet Roller, a ketchup bottle-shaped gadget that allows users to squeeze the most out of a condiment packet, CNN reported.

"Do not click 'purchase' unless you are prepared to change everything about the way you sauce," the Heinz Packet Roller website says. The roller goes for $5.70. The roller is pocket-sized, can be added to a keychain, and features a packet corner cutter.


Keep Reading Show less
Wikimedia Commons

Swiss tennis ace Roger Federer, is recovering from a right-knee surgery he underwent last month.

Swiss tennis ace Roger Federer, who is recovering from a right-knee surgery he underwent last month, said on Sunday that it was a difficult process to decide whether to undergo a third right-knee surgery after having two last year. But following Wimbledon, where he was "really unhappy" with his performance in reaching the quarterfinals, Federer opted to go through with it.

Federer, who made a late decision to attend this year's Laver Cup in Boston -- a tournament held between teams from Europe and the rest of the world -- said on the sidelines of the event that the recovery and rehabilitation are "going to take me a few more months and then we'll see how things are at some point next year". "The reception I've received, everybody is so upbeat that I'm here. They wish me all the best and they don't even see the crutches. They just want me to be good again and enjoy the weekend," Federer said in an interview for the event with former world No. 1 Jim Courier.

"I've seen some incredible tennis, some great matches and it's been wonderful. I'm really happy I made the trip," the winner of 20 majors was quoted as saying by atptour.com. On why he opted for a third surgery, the tennis ace said, "I was just nowhere near where I wanted to be to play at the top, top level. But I tried my best and at the end... too much is too much. Now I've just got to take it step by step," Federer said.

Roger Federer RG2012 volley Federer received thunderous ovations inside Boston's TD Garden, where he has often been sitting in the front row watching the action or behind the scenes visiting with the players. | Wikimedia Commons

Keep Reading Show less
Photo by Eiliv-Sonas Aceron on Unsplash

By Hitesh Rathi

Cleopatra, was regarded as a great beauty, to preserve her skin, she took her daily bath in donkey milk. Besides, Hippocrates, the father of medicine, prescribed donkey milk for various diseases including fever, wounds, etc. To add to these benefits, donkey milk has four times the amount of Vitamin C than cow's milk has. So, it's no secret that donkey milk is a powerhouse of nutrients for both the skin and body.

Used for Anti-Ageing and Healing
The milk contains essential fatty acids that work as powerful anti-ageing and healing properties. These fatty acids blur the wrinkles on the skin and help to regenerate damaged skin. Plus, donkey milk also contains anti-bacterial properties which are effective in healing skin irritation and redness.

Look younger as you get old The milk contains essential fatty acids that work as powerful anti-ageing and healing properties.| Flickr

Keep reading... Show less