This Michigan City Has Been Named One Of The Best In America To Start Your Own Business
The American dream is to be able to own your own business and to follow your dreams to be your own boss.
Many Americans take the leap to try to guide their own future by opening their own business every year. But, there are several factors you want to consider when it comes to where and what kind of business you're looking to open, and there are several cities in the United States that offer ideal conditions for small business owners.
The personal finance website Wallethub just released their report on the best cities in 2022 to start a business, and one of the top cities in the country can be found in Michigan. In order to find the business-friendly small markets in the U.S., WalletHub compared more than 1,300 cities with fewer than 100,000 residents across 18 key metrics.
The top cities to live in if you want to start a small business are:
1. Washington, UT
2. St. George, UT
3. Bozeman, MT
But what about cities in Michigan? Good news, there are dozens of great cities to live in if you're looking to start a small business. Michigan has lots of opportunities to chase your dreams, and some of the best small cities to make it happen.
These Michigan cities made the list of best to start a small business:
44. Holland, MI
169. Kalamazoo, MI
251. Portage, MI
279. Southfield, MI
305. Flint, MI
309. Kentwood, MI
335. Wyoming, MI
370. Dearborn, MI
373. Allen Park, MI
381. Mount Pleasant, MI
450. Troy, MI
485. Muskegon, MI
491. Jackson, MI
519. Livonia, MI
555. Taylor, MI
560. Madison Heights, MI
561. Farmington Hills, MI
563. Pontiac, MI
576. Holt, MI
591. East Lansing, MI
611. Battle Creek, MI
624. Westland, MI
628. Oak Park, MI
637. Dearborn Heights, MI
647. Novi, MI
703. Saginaw, MI
704. Midland, MI
748. St. Clair Shores, MI
765. Roseville, MI
767. Southgate, MI
793. Wyandotte, MI
825. Royal Oak, MI
848. Rochester Hills, MI
862. Garden City, MI
913. Lincoln Park, MI
917. Eastpointe, MI
969. Bay City, MI
974. Burton, MI
And Michigan also has the best city to live in when it comes to cost of office space
According to Wallethub, Kentwood, Michigan, has the most affordable office spaces, at an annual rate of $9.06 per square foot, which is 6.8 times lower than in Mountain View, California, the city with the least affordable at an annual rate of $61.85 per square foot.
So if you're looking to follow the American dream and start your own business, Michigan is one of the top states in the country. Good luck, and let us know when your opening day is.