Friday, June 14, 2024
CEOWORLD magazine - Latest - CEO Agenda - These Are The 20 Best Large U.S. Cities To Start A Business In 2018

CEO Agenda

These Are The 20 Best Large U.S. Cities To Start A Business In 2018

Oklahoma ranked No. 1 city in the United States for starting a business, that’s according to a new WalletHub study. After Oklahoma City, Austin (TX) ranked second best, followed by Sioux Falls, SD; Missoula, MT; and Durham, NC rounding out the top five.

The report looked at 180 large cities across the United States and ranked them according to 19 metrics, ranging from five-year business-survival rate to office-space affordability.

So where is the best large city in America to start a new business? Check out the 20 best large cities for starting a business in the U.S., based on rankings (the city’s rankings in each of the three categories are below, along with a total score on a 100-point scale):

These Are The 20 Best Large U.S. Cities To Start A Business In 2018

20. Fort Worth, TX
Total score: 56.92
Business environment ranking: 6
Access to resources ranking: 36
Business costs ranking: 136

19. Atlanta, GA
Total score: 57.15
Business environment ranking: 62
Access to resources ranking: 25
Business costs ranking: 55

18. Laredo, TX
Total score: 57.19
Business environment ranking: 73
Access to resources ranking: 10
Business costs ranking: 78

17. Casper, WY
Total score: 57.36
Business environment ranking: 32
Access to resources ranking: 79
Business costs ranking: 48

16. Springfield, MO
Total score: 57.83
Business environment ranking: 97
Access to resources ranking: 51
Business costs ranking: 1

15. Orlando, FL
Total score: 58.07
Business environment ranking: 19
Access to resources ranking: 100
Business costs ranking: 57

14. Miami, FL
Total score: 58.35
Business environment ranking: 18
Access to resources ranking: 56
Business costs ranking: 79

13. Grand Rapids, MI
Total score: 58.43
Business environment ranking: 82
Access to resources ranking: 24
Business costs ranking: 14

12. Denver, CO
Total score: 58.58
Business environment ranking: 15
Access to resources ranking: 22
Business costs ranking: 110

11. Salt Lake City, UT
Total score: 59.01
Business environment ranking: 102
Access to resources ranking: 3
Business costs ranking: 34

10. Raleigh, NC
Total score: 59.07
Business environment ranking: 58
Access to resources ranking: 8
Business costs ranking: 60

9. Charlotte, NC
Total score: 59.16
Business environment ranking: 23
Access to resources ranking: 43
Business costs ranking: 56

8. Billings, MT
Total score: 59.16
Business environment ranking: 39
Access to resources ranking: 30
Business costs ranking: 42

7. Cheyenne, WY
Total score: 59.22
Business environment ranking: 2
Access to resources ranking: 141
Business costs ranking: 40

6. Bismarck, ND
Total score: 59.60
Business environment ranking: 40
Access to resources ranking: 4
Business costs ranking: 102

5. Durham, NC
Total score: 59.72
Business environment ranking: 52
Access to resources ranking: 15
Business costs ranking: 28

4. Missoula, MT
Total score: 60.52
Business environment ranking: 37
Access to resources ranking: 26
Business costs ranking: 24

3. Sioux Falls, SD
Total score: 61.12
Business environment ranking: 51
Access to resources ranking: 11
Business costs ranking: 19

2. Austin, TX
Total score: 61.35
Business environment ranking: 1
Access to resources ranking: 9
Business costs ranking: 155

1. Oklahoma City, OK
Total score: 62.24
Business environment ranking: 8
Access to resources ranking: 46
Business costs ranking: 26

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CEOWORLD magazine - Latest - CEO Agenda - These Are The 20 Best Large U.S. Cities To Start A Business In 2018

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.