With its friendly economic and meteorological climate, Florida can be a great place for you to own, operate, and grow a small business.
But a new national study of the best and worst small cities start a business underscores that fact. It also shines a light on a few Florida cities where it may be tough going.
Florida is home to seven of the top 100 best small cities to start a business according to a new survey from WalletHub.The website’s “2017’s Best & Worst Small Cities to Start a Business” survey looked at 1,261 cities around the country with a population between 25,000 and 100,000. Each city was then ranked on three major levels: business environment, access to resources, and business costs.
According to the study, Deerfield Beach ranked as the state’s best small city for small business at No. 22. And Miami boasted the nation’s 5th most startups per capita. Here’s how other Florida cities ranked:
Dania Beach (No. 44)
Riviera Beach (No. 47)
Wesley Chapel (No. 57)
Riverview (No. 58)
Fort Myers (No. 62)
Hallandale Beach (No. 87)
But the state also boasted some trouble spots, too. Fort Myers, for example, had one of the nation’s lowest human-resource availability (No. 1,129). Meanwhile, two Florida cities had the lowest average revenue per business: Lake Worth (1,197) and Valrico (1,198).
To read the full study, click here.