When thinking about starting a business, you may also consider where . Big cities, home to a range of fast-growing industries and a diverse, talented workforce, would seem ideal for launching a business. But business owners scouting out potential cities should look beyond just New York City and Los Angeles.
While lacking the flashiness of big cities, small towns can be great environments for up-and-coming businesses.
Why start a business in a small town? Here are five reasons:
1. Lower costs
It’s no surprise that it takes money to thrive in a large city. Besides the cost of renting a workspace, even the most mundane goods and services tend to be more expensive in big cities. Throw high city and state taxes into the mix, and emerging business owners face an uphill battle.
If you’re operating on a modest budget, smaller markets tend to be much more financially accessible to … Read more