The following 10 major metropolitan areas have population growth and economic strength that attract the development of many small businesses. They are also the 10 ideal cities for immigrants. Some of these areas have no corporate income tax and have a lower cost of living.
Tenth place: New York, New York
Metropolitan population: 19,069,796
Number of small businesses: 526,063
Corporate income tax : 7.1%
This is high. The ratio of small businesses per 1,000 residents in the New York City metropolitan area is 27.73, surpassing other large cities. Martin of the Prosperity Institute pointed out: "High population density has an effect that is conducive to the operation and development of small businesses." In addition, New York City has many business resource centers, the New York Public Library and Citigroup Fund to sponsor entrepreneurs. , offering bonuses totaling more than $30,000.
Ninth place: Washington, D.C.
Metropolitan population: 5,476,241
Number of small businesses: 137,564
Corporate income tax: 9.975%
Population growth and public sector support encouraged new business in Washington's capital city, adding nearly 30,000 private sector jobs between 2013 and 2014, well above national trends. The city is also a magnet for highly educated workers, with one of the highest proportions of graduate degrees and double majors in the country. Provide free start-up and employee training assistance to high-tech enterprises, supermarkets and non-profit organizations.
Eighth: Denver, Colorado
Metropolitan population: 2,552,195
Number of small businesses: 73,406
Corporate income tax : 4.63%
In 2014, Denver's population grew by as much as 46,000 people, and the local business atmosphere is young and dynamic. Since 2008, Colorado has simplified its corporate income tax structure, and a large number of start-up companies have emerged in the city. Even during the economic crisis, they have not been much affected.
Seventh place: Raleigh, North Carolina
Metropolitan population: 1,125,827
Number of small businesses: 28,524
Businesses Income tax: 6.9%
Raleigh is the 45th largest city in the United States. Its industries include banking and financial services, electrical appliances and electronics, communication equipment, medical care, clothing, food processing, paper products, pharmaceuticals, etc. North Carolina State University is located in the city. Raleigh has been named the best city in the United States for employment by Forbes magazine. Raleigh's business and technology center is a haven for entrepreneurs, and the area provides incentives for new businesses, offering grants, incentives and loan programs.
Sixth place: Tulsa, Oklahoma
Metropolitan population: 929,015
Number of small businesses: 24,087
< p>Corporate income tax: 6%Tulsa has 26.29 small businesses per 1,000 residents, nearly 10% higher than the national average. The main reason is its business-friendly environment and low cost, which attract many entrepreneurs to invest. Tulsa is currently home to many Oklahoma industries, including aerospace, telecommunications, manufacturing, construction, high technology, health care, education and transportation.
Fifth place: Austin, Texas
Metropolitan population: 1,705,075
Number of small businesses: 39,180
Corporate income tax: 0%
For the second year in a row, Austin has been named the best place to start a business by Business Journal. There are three main advantages, including population growth (20% growth from 2009 to 2014), employment (9.5% employment growth between 2013 and 2014), and small business growth (1.5% growth from 2013 to 2014). The cost of living in Austin is lower than the national average, and the University of Texas and high-tech industries provide the area with innovation and a large, highly educated workforce. Creativity is also a factor in Austin's success. Additionally, Texas has no personal or corporate income taxes. The business franchise tax is 0.5% to 1.0%, with exemptions on income up to $300,000. Sales taxes in other countries and localities are lower than the national average.
Fourth place: Charlotte, North Carolina
Metropolitan population: 1,745,524
Number of small businesses: 44,658
< p>Corporate income tax: 6.9%Charlotte’s population has grown by 18.6% over the past five years, largely due to the small business environment. Non-profit business councils create an environment that attracts high-impact, high-growth entrepreneurs to develop. In addition, a matching fund grant program provides consulting and publicity assistance to entrepreneurs. North Carolina offers tax breaks, entrepreneurial funds and grants, and has one of the lowest business taxes in the country.
Third place: Charleston, South Carolina
Metropolitan population: 659,191
Number of small businesses: 16,806
Corporate Income Tax: 5%
Charleston has a long history of encouraging entrepreneurship and helping businesses grow and obtain capital. The Charleston City Council has launched an Entrepreneurship Center that offers business development classes, mentoring, networking events, and access to retired or semi-retired top executives willing to serve as consultants to small businesses. The city also offers employee recruitment and training programs, as well as sales tax exemptions, reducing annual operating costs for businesses.
Second place: Oklahoma City, Oklahoma
Metropolitan population: 1,252,987
Number of small businesses: 32,251
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Corporate income tax: 6%
Generally speaking, the capital city of each state in the United States is often not the largest city, but Oklahoma City is an exception. Oklahoma City's small business growth rate reached 0.4% in the past 12 months, ranking third in the United States for job growth. Furthermore, Oklahoma City’s low cost of living and numerous investors in the local oil and gas industry help drive economic development for small businesses. Oklahoma has 52 business-certified assistance services that provide leasing space and administrative services to new businesses. In addition, there are some tax exemptions for enterprise production, research and development, which have also brought many start-up companies to the local area.
No. 1: Seattle, Washington
Metropolitan population: 3,610,105
Number of small businesses: 97,473
Corporate income tax: 0%
The greater Seattle area has long been recognized for its quality of life and international competitiveness. These advantages are reflected in: strategic geographical location; advanced manufacturing capabilities and facilities; advanced technology groups; cooperation between technology industries; diversity of economic base (from agriculture, services to international trade); high-quality education and medical systems; High-quality staff; rich cultural and entertainment activities; overall quality and open-mindedness of residents. Seattle leads the metropolitan areas in terms of number of startups and innovation environment. Like Texas, Seattle does not have any personal or corporate income taxes and no state capital gains tax. The state provides business tax incentives for biofuels, provides research and development, manufacturing, food processing, and technology and aerospace industries, helping to establish Seattle's entrepreneurial environment, and also has local employee training programs.