Aberdeen eighth among best small cities to start a business

WASHINGTON, D.C. (Wallethub) – With National Small Business Week approaching and over 50% of the U.S. population working for a small business, the personal-finance website WalletHub today released its report on 2019’s Best Small Cities to Start a Business as well as accompanying videos, along with its 2019 Small Business Owner Survey.

To determine the most business-friendly small markets in the U.S., WalletHub compared more than 1,200 cities with fewer than 100,000 residents across 18 key metrics. The data set ranges from small business growth rates and accessibility of financing to investor access and labor costs.

Starting a Business in Aberdeen (1=Best; 631=Avg.):

  • 556th – Human-Resource Availability
  • 117th – Office-Space Affordability
  • 390th – Labor Costs
  • 251st – Avg. Length of Work Week
  • 378th – Avg. Revenue per Business
  • 534th – Industry Variety

For the full report, please visit:
https://wallethub.com/edu/best-small-cities-to-start-a-business/20180/