San Francisco, New York City, Los Angeles – the busy, bustling places where discerning businesspeople may look to base themselves as they embark on new careers or launch exciting ventures.
But away from those big-name candidates, there are countless other locations with plenty to offer in the way of opportunity.
Here, Business Chief looks at six of the best cities for entrepreneurs in the US.
Austin is easily one of the most exciting cities in the US when it comes to doing business, especially for those operating in technology circles.
The computer science programme at the University of Texas is consistently ranked as one of the best in the US, which goes a long way towards explaining why so many entrepreneurs are starting businesses in Austin.
Seattle has fast become another hotspot for the finest tech talent from the US and beyond.
A major factor standing in Seattle’s favour is the wide availability of venture capital funding, making it an attractive place for startups. Hundreds of exciting new enterprises seem to pop up every year, and they’re benefitting from local government programmes aimed at boosting small businesses.
It’s worth noting that prices for just about everything in Seattle are higher than in the majority of US cities, especially real estate, but many would argue this is balanced out by the opportunities on offer and well-paid job market.
Las Vegas, Nevada
More affordable real estate and lower cost of living make Las Vegas a far more appealing prospect for the budding entrepreneur than New York City or Washington, D.C.
Vegas can obviously be pricey for tourists, especially for those visiting the casinos, but Nevada as a whole is also famed for its tax breaks. The state does not impose a personal income or business income tax, making it an attractive location for young businesspeople looking to make their way.
What’s more, because so many like-minded people are flocking to Sin City, Vegas is now home to a bustling business community offering plenty of potential for partnerships.
Nashville is more than deserving of a place among the US’ best cities for entrepreneurship.
This southeastern city, which has become known as the nation’s healthcare capital, is home to many of the original for-profit hospital chains and backed up by hundreds of industry startups.
Nashville’s rising popularity is no surprise when one considers the great weather, friendly neighbourhoods and diversifying business community. There’s also ample office space and a growing abundance of co-working spots.
Salt Lake City, Utah
Once known primarily for its agriculture and mining industries, the state of Utah has diversified dramatically over the past 100 or so years.
Today, the region surrounding Salt Lake City – stretching from Ogden to Provo – has earned the nickname ‘Silicon Slopes’ thanks to its glut of tech startups and software companies. That’s without mentioning the plethora of aerospace firms with headquarters or office spaces in the area.
Living costs are relatively low here and it’s safe to say you’ll be doing business in beautiful surroundings.
Numerous cities in Florida are known for being business friendly and having low startup costs, but Tampa can also boast a reasonable cost of living compared to its Sunshine State neighbours.
The University of South Florida and University of Tampa are ideal places for budding businesspeople to learn, and they’ll be doing so in a stunning location. Furthermore, a 0% state personal income tax and access to services provided by organisations like Tampa Bay Wave make it even more attractive.
Tampa is consistently ranked as one of the best places in the US to start a business and it’s easy to see why.
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