Do you have a great idea for a new business but don't know where to launch it? Whether you're selling in person or need to make connections, location matters. Check out these cities where the conditions are just right for a successful launch.
1. New York, New York
If you can make it here, you can make it anywhere. New York City remains one of the biggest economic leaders on the planet. The city has office and warehouse space to meet every need, potential business partners in all industries, and a nightlife that will make your future employees want to move to you.
2. San Jose, California
San Jose is the center of Silicon Valley. Even if you're not making a direct tech play, there's probably some sort of tech startup that can help you launch your growth. In addition, being surrounded by other high-performing businesses gives you the chance to poach top talent not just in tech roles but in any function your business needs.
3. Miami-Fort Lauderdale, Florida
The Miami area has a booming economy in its own right. It also acts as a gateway to South America, where lower-cost manufacturing and developing markets can provide a steady source of both supply and demand.
4. Washington, D.C.
It's an obvious choice if you want to do something related to politics, but Washington is ideal for any new business. You get the benefits of being in a major metropolitan area, three major international airports when you need to travel for deals, and being surrounded by media and public relations experts.
5. Chicago, Illinois
Chicago is another internationally renowned city and is the capital of the Midwest. The city is filled with businesses from all industries, close to many manufacturing plants, and has ample shipping options by rail, sea, and air.
6. Denver, Colorado
Perhaps best known to outsiders for its creepy airport, Denver is more than just a place to pass through. Its central location in the Mountain time zone makes it ideal for cross-country travel in both directions, and there's still a huge local market for you to take advantage of.
7. Los Angeles, California
As the biggest city on the west coast, LA is the place to be if NYC isn't your thing. Beyond being a bustling city, LA is one of the primary gateways to Asian markets with its huge seaport and frequent international flights.
8. Austin, Texas
Austin has become a top destination for former Californians seeking to get away from the traffic and high state taxes. If you're looking for a fast-growing city that's filling up with top talent and has no state income tax, this is where you want to be.
9. Phoenix, Arizona
Long seen as a destination for retirees, Phoenix is another southwestern city with a rising economy. A combination of dry weather, relatively low cost of living and economically diverse population makes it a perfect place to go when you're just getting started.
10. Atlanta, Georgia
If you want to go southeast but don't want to be in Miami, Atlanta is where you want to be. It acts as the business capital of the south, has one of the busiest airports in the world, and is much cheaper than New York or Los Angeles.
This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.