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8 Great Places To Start Your Small Business

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8 great places to start your small businesses
By Gabrielle Olya

Before your business can have any hope of becoming a legend (or even just profitable), you need to find a way to finance its birth. The SBA states that in 2009, the Ewing Marion Kauffmann Foundation estimated the average cost of starting a new small business in the U.S. To be about $30,000. Hot spots: the best places to start a business. If you're looking to open a restaurant or another business in the food industry, two cities rise above the pack. Philadelphia, Pennsylvania, reigns number one in the restaurant category — with 66 percent of restaurants selling with Square experiencing revenue growth there over the past year, the highest percentage of al. Start Your Small Business Adventure These aren't the only types of business ideas that you may be looking at. There are all sorts of opportunities available, and as an entrepreneur, the only restriction you have is the creative small business ideas that your mind can come up with. Plus, InCorp will manage your entire licensing portfolio for you. For $99/year, you won't have to think about this part of running your business. So yes, the costs can add up with InCorp, but they do offer some extra features you won't get other places.

of GOBankingRates |

If you're an aspiring entrepreneur, where you decide to launch your business can be a make or break decision. You might immediately think of moving to a major city like New York or San Francisco, but choosing a location with high living costs and steep competition could set you up for financial failure. The secret to success might be starting a business in a small town. So, where should you start a business?

8 Great Places To Start Your Small Business Loans

To help you decide, GOBankingRates looked at the rate of new entrepreneurs, the opportunity share of new entrepreneurs, startup density, rate of business owners, the survival rate of new businesses, the established small business density, the rate of startup growth, the cost of living, the projected job growth and the percentage change in employment year-over-year. Use this list to find the best place for your new business.

8 Great Places To Start Your Small Businesses

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