CNBC Report: Top 20 Metro Areas to Start a Business – SBE Council Data & Research Utilized in Report

By at 17 August, 2016, 5:45 pm

The following question drove CNBC researchers to find an answer: “Imagine having a business plan, the secured funding to start your own business and the option to choose anywhere in the country to set up shop. Where would you go?”

Using private and government data, including SBE Council’s underlying data for the Small Business Policy Index and Small Business Tax Index rankings, the first-ever CNBC Metro 20: America’s Best Places to Start a Business was created. CNBC looked at the 20 key criteria business owners should evaluate before choosing a business location, including tax and regulatory climate, workforce strength, access to capital and the cost of living.  The final list and methodology can be found here.

CNBC’s “Metro 20: America’s Best Places to Start a Business”
1.  Austin, Texas
2.  Provo, Utah
3.  Washington, D.C.
4.  Denver
5.  Charlotte, North Carolina
6.  Houston
7.  Ogden, Utah
8.  Dallas
9.  Des Moines, Iowa
10. San Antonio
11. Richmond, Virginia
12. McAllen, Texas
13. Colorado Springs, Colorado
14. Raleigh, North Carolina
15. Sarasota
16. El Paso, Texas
17. Atlanta
18. Salt Lake City
19. Las Vegas
20. Seattle


More Small Business News from the States

Which States Are Growing Strongly? In the latest SBE Council Cybercolumn,chief economist Raymond J. Keating looks at the latest data of real GDP growth in the states, focusing on the states doing the best and worst, and noting the impact of state-level policies, including references to SBE Council’s “Small Business Policy Index” and “Small Business Tax Index.”

State of the Week: Nevada and Big Income Growth.  The SBE Council State of the Week is Nevada, which ranks best on the Small Business Policy Index, and second best on the Small Business Tax Index.  A recent government report noted that Nevada led the nation in real personal income growth. Each week SBE Council is highlighting a state and how proposed policies may impact a state’s small business competitiveness and ranking on the SBE Council state Indexes.

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