ORLANDO, Fla. — April 28th kicks off National Small Business Week and the finance company, WalletHub, is out with a new report on 2024′s Best Large Cities to Start a Business.
WalletHub’s report has the City Beautiful at number one on their list.
READ: Florida tops the list for best state to retire in, per WalletHub
WalletHub compared 100 U.S. cities using 19 different categories that ranged from business survival rate, labor costs and office-space affordability.
Orlando ranked number one when it came to growth in number of small businesses.
WalletHub said Orlando is one of the top cities on the Kauffman Early-Stage Entrepreneurship Index, which means Orlando’s large number of business startups have a high survival rate.
READ: Orlando tops list as Florida’s healthiest city, per WalletHub
Starting a Business in #1 overall Orlando:
- 1st – Growth in Number of Small Businesses
- 42nd – Labor Costs
- 45th – Cost of Living
- 20th – Length of Average Workweek (in Hours)
- 31st – Share of College-Educated Population
- 24th – Industry Variety
The second best large city to start a business is Tampa, Fla, followed by third on the list, Charlotte, NC.
READ: Florida among best states to start a business, per WalletHub
See interactive map of cities below:
© 2024 Cox Media Group
Sign Up
