Charlotte Ranked As One Of 2018’s Best Cities To Start A Small Business

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Great news for small businesses and entrepreneurs in Charlotte looking to connect – our city was just ranked as one of America’s top cities for small business growth.

WalletHub recently released a study which ranks ‘2018’s Best Large Cities to Start a Business‘. The study analyzed 182 of the biggest cities in America and compared them across 19 key metrics; ranging from five-year business-survival rate, to office-space affordability, to overall business environment.

Overall, Charlotte ranked as the 9th best city to start a business, beating out Raleigh at number 10, Denver at 12, Atlanta at 19, and Houston at 21;

Source: WalletHub

 

The Queen City ranked extremely high on the number and variety of businesses and fairly good in several other categories (1=Best; 91=Avg.);

  • 72nd – Cost of Living
  • 22nd – Length of Average Workweek (in Hours)
  • 30th – Share of College-Educated Population
  • 8th – Industry Variety
  • 1st – Average Growth in Number of Small Businesses

If you’d like to support one of our many small businesses in Charlotte, check out our list of the Top 10 Online Small Businesses in Charlotte.

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