Austin Ranked #3 in the Best U.S. Metros to Start a Business Based on Cost and Opportunity
Starting a business involves planning, structure, proper funding, and location. Putting up a business-friendly or beginning in a small office with a precise analysis of your plan can be a chance for business success. Austin ranked #3 on the recent study of 42 Floors on the business ecosystem and ample networking opportunities with an overall score of 61.23 points.
42Floors ranked all metro areas in the U.S. based on indicators (Start-up percentage, established exit rate, coworking space per 100K residents, start-up oriented companies, regional price parity, labor cost, office space cost, corporate income tax, combined state and average local sales tax rate), the potential for prospective entrepreneurs and highlighted the best-scoring metros.