Should You Start Your Business in Austin? Best and Worst Cities Ranked

When dreaming of starting your own business, there are numerous things you must consider. What product or service am I selling? How will I market my product? Who is my target client? The list goes on. Entrepreneurs are constantly looking for new opportunities and the number of people working for themselves is steadily growing. Currently, almost 10 percent of the U.S. labor force are entrepreneurs. In order to maximize the chance of success, business owners must find the right location. Luckily, a recent study ranked the best large cities to start a business considering three categories: business environment, access to resources and business costs. Austin ranked #1 in the “Business Environment” category and as the #4 “Overall” best city to start a business.

1. Orlando, FL

2. Oklahoma city, OK

3. Miami, FL

4. Austin, TX

5. Tampa, FL

Full List

Source: WalletHub

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