Atlanta #3 for Starting a Small Business in 2024
Tuesday, October 1st, 2024
Opening a small business can be a challenge, and choosing the right city can make the difference between success and failure for even the most promising of ventures.
To ensure that entrepreneurs identify the best cities for their future business endeavors, CoworkingCafe ranked the top 20 best places for small businesses, by analyzing 136 cities across 11 key metrics such as GDP growth, number of business applications, labor costs and more.
Ranked third in the nation for starting a small business, Atlanta offers a wealth of opportunities for entrepreneurs. Here are some key reasons why:
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Leading in Coworking Spaces: With 23.8 coworking spaces per 100,000 residents, Atlanta ranks first in the nation for its availability of flexible workspaces.
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Strong Business Application Landscape: The 4,782 business applications per 100K residents place the city second nationally for this metric, while the 11.1% share of self-employed business owners put Atlanta in the 14th spot nationally.
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Highly Educated Workforce: 39.8% of the city’s workforce holds a bachelor’s degree, ranking 12th for this metric among the 136 cities in our analysis.
You can read the full study and the methodology here: www.coworkingcafe.com