The fifth best city to start a business, according to WalletHub

Miami, Florida, remains in the top 5 ideal US cities to start a business, according to WalletHub. The city in the southeast of the country stands out as an ideal center for setting up your company now. The American website specialized in financial analysis reflected in its report that the city of Miami added its total score to 61.92. There is no doubt that the data shows a very favorable environment for new business ventures.

The five best cities to start a business

According to a WalletHub study, these are the best cities in the US to start a business.

1-Orlando, Florida

2-Tampa, Florida

3-Charlotte, North Carolina

4-Jacksonville, Florida

5-Miami, Florida

The specialized site analyzed 100 cities in North America based on 19 indicators of business success. Miami has excellent conditions in several key categories.

For example, Sun City ranked first in terms of growth in average corporate income. Likewise, they stand out in investment risk and labor costs.

WalletHub states in its report that Miami has an excellent business environment and great access to resources. As if that wasn't enough, the city ranks very highly for business costs.

Meanwhile, Orlando tops the list with 68.22. This location is linked to its rapid growth in the number of small businesses, as well as the high survival rate of new businesses.

In addition, it has a wide availability of investors who facilitate access to the necessary financing for business development in every sense of the word.

Other Florida cities like Tampa and Jacksonville were also placed in prominent positions. They offer significant advantages such as lower corporate taxes and abundant financial resources.

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WalletHub's evaluation demonstrates Florida's strength as a leader in supporting business emergence and development.

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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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