Grand Rapids Ranked No. 2 Large City in U.S. to Start a Business
West Michigan is looking like a really great place to start a new business!
Last month Holland was named the No. 1 small city in the U.S. to start a business; Now out of 150 large cities, Wallethub has ranked Grand Rapids the No. 2 place to start a business in 2016, Fox 17 reports.
The personal finance website compared the cities across three key areas: Business environment, access to resources, and business costs.
Wallethub looked at 16 different metrics like office-space affordability, educational attainment of the local labor force, financing accessibility, and cost of living.
Grand Rapids came in at No. 2 in Wallethub’s 2016 Best Large Cities to Start a Business list!
The only other Michigan city to make the list was Detroit, coming in at No. 56.
Sioux Falls, South Dakota took the No. 1 spot overall.