There is a new and interesting list that has come out for persons looking to open a small business in the United States, and the logic behind the rankings of cities on the list is unique. The list – which puts San Diego, California on top - was reported on by Forbes on Thursday.
According to the report, the business climate in the United States for opening up a small business is promising to the entrepreneurship-minded throughout the country. Of course, like many things in life, success can definitely depend on location.
Data used to come up with the list came from Radius’ founder Darian Shirazi. Radius is a technology company that collects a great deal of data on small businesses. According to the report, Radius’ database analyzes billions of data daily regarding businesses throughout the nation.
Uniquely, the list reveals the places where future entrepreneurs will go due to the cities’ potential for access to resources as well as community engagement. The locations have little to do with income levels of the populous or the job market in the cities.
Therefore, as a form of reference, Forbes took a look at the 50 most populous cities in the nation in regards to its available resources for small businesses and the cities’ community engagement. Data included analysis of high-growth industries, the percentage of businesses that accept credit cards, as well as online engagement via Facebook pages, business websites, and interactively found on online reviews of businesses.
The 10 Best United States Cities to Start a Business in 2014
- San Diego, California
- Denver, Colorado
- Austin, Texas
- Seattle, Washington
- Portland, Oregon
- San Francisco, California
- Dallas, Texas
- Boston, Massachusetts
- New York City, New York
- Chicago, Illinois
San Diego, California, is already one of the top-rated business communities in the nation. The report claims that there is a heavy concentration in projected high industries in San Diego, specifically in technology. Many of the top ten cities are big on computer-technology businesses and most have a great amount of social media engagement via Facebook and business websites.