Austin is Among the Top Cities to Start a Business

Austin Luxury Group|June 11, 2024
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Americans are born with an entrepreneurial streak. It’s in our DNA. From the Gold Rush to the Industrial Revolution to the Internet Age, intense periods of innovation have molded our economy and sparked important societal advancements. That said, recent years have been some of the toughest ever for business owners in the U.S. due to the COVID-19 pandemic, the Great Resignation and high inflation.

In order to help aspiring entrepreneurs — from restaurant owners to high-tech movers and shakers — maximize their chances for long-term prosperity, WalletHub compared the relative startup opportunities that exist in 100 U.S. cities. We did so using 19 key metrics, ranging from the five-year business-survival rate to labor costs to office-space affordability.

For a breakdown of smaller markets, check out WalletHub’s Best Small Cities to Start a Business ranking HERE <<<<<




Original Article by: John Kiernan, Wallet Hub