WalletHub ranks best small cities for starting a business
Fourteen Tennessee cities ranked with highest rated was Spring Hill at #98.
Three of the top five best small cities in which to start a business are located in Utah, according to a recent report from personal financial website WalletHub. They are St. George (#1), Cedar Hill (#3), and Washington (#4). Fort Meyers, FL, placed #4, and Bozeman, MT, was ranked #5. Greenville, SC cracked the top 10 at #9.
The highest ranked Tennessee city was Spring Hill at #98 followed by Jackson (#135), Gallatin (#329), La Vergne (#330), Cookeville (#492), Lebanon (#496), Johnson City (#562), Oak Ridge (#607), Morristown(#684), Hendersonville (#710), Kingsport (#815), Cleveland (#838), Germantown (#1037), and Bartlett (#1152).
In order to determine the best small cities in which to start a business, WalletHub compared 1,334 cities across three key dimensions:
- Business Environment;
- Access to Resources; and
- Business Costs.
For the sample, we chose cities with a population of between 25,000 and 100,000 residents. “City” refers to the city proper and excludes the surrounding metro area.
The full rankings can be found here.
Like what you've read?
Forward to a friend!