The American government wants small business entrepreneurs to lead the country to economic recovery. Small business entrepreneurs can now receive government contracts and low-interest loans through the American Recovery and Reinvestment Act (ARRA). With the government providing funds to small business entrepreneurs, the other things needed are the best business plan and the best place to put up businesses.
Location is another factor to be considered in putting up a business and making it successful. To guarantee that the funding reflects local priorities, the Federal government leaves the decision to local and state authorities. In order for you to grab funds from the government, you need to combine the location and business plan.
For small business entrepreneurs like you, here are the best cities where you can put up your business:
It is the largest and highly urbanized city in the United States. This city can give any young business entrepreneur a chance to be successful. The best businesses to put up in this city are bars because it is known for countless festivals, social activities and meet-ups.
New York is one of the leading business centers in the world. This is where you can find the NASDAQ and the New York Stock Exchange. In recent years, New York has become the ideal place for young and small business entrepreneurs.
San Francisco is located near Silicon Valley which makes it a haven for technology companies. Craigslist and Twitter call San Francisco as the home of many small companies aiming to make big profits.
This city is also a well-know tourist destination allowing many visitors to enjoy the beauty of the American west coast. Likewise, San Francisco also holds many technology community conferences, networking events, and meetings which give new companies a chance to network and be known.
This city is popularly known as the "live music capital of the world". Aside from staging live music performances, Austin is also known as a major technology hub and many major corporations and start-up businesses stay here for many years. The city also has abundant resources and great climate making it an ideal place for putting up a business. Likewise, it has a relatively low cost of living than San Francisco or New York.
Boston has a large college community that gives significant impact on the city. It houses MIT, Boston College, Harvard and other reputable educational institutions that contribute countless revenue and job to the city. These educational institutions have been attracting the high technology industry and many major companies as well. Boston is also a perfect home for many small business entrepreneurs because they can get enough manpower from many college students.
The high cost of living and cold winters in Boston are the factors that stop this city from landing at the top spot.
Denver is a city situated in the Rocky Mountains. It offers a lot of small entrepreneurs a chance to put up businesses near the country's best ski resorts. This city allows entrepreneurs to sell winter sport apparel and equipment to skiers and snowboarders.
