Unlike New York, San Francisco, or Vancouver, these three cities are perfectly affordable when it comes to launching your business.
1. Oklahoma City, OK
Oklahoma City pairs small-business lending opportunities with affordable living, making it a wonderful startup nest.
If you’re looking for great talent too then you’re in luck! This fast-growing city is perfect as it also plays home to several bright-eyed new grads. But the perks don’t stop there.
To top it all off, the necessary paperwork to launch your business can be completed in just one day. With so many great reasons to live in OKC, the only question we have is, why would anyone leave? We’ll have to ask Kevin Durant . . .
2. Boulder, CO
Silicon Valley is “So 2001.”
Boulder is the new hub for tech startups which isn’t too shocking given that the University of Colorado and other reputable institutions are located in the area.
What was shocking was the report published by The American Electronics Association. In it, the report states that Boulder has the highest concentration of software engineers per capita in the nation.
So if you’re an IT wiz looking to launch your business in an affordable area with oodles of tech talent at your disposal – then Boulder is the place to be. The best part is the year-round sunshine is included for free!
3. Minneapolis, MN
If you don’t mind cold weather then Minneapolis is the spot for your startup.
Why? Aside from the low cost of living it has the fourth highest concentration of successful small-businesses in the nation and offers a variety of financing programs specifically designed to help Minneapolis-based businesses.
Minnesota also boasts the 15th lowest business-tax rate in the U.S. With a highly-educated work force of 1.6 million people it truly is a sound choice for any entrepreneur. Well, an entrepreneur that doesn’t mind shoveling snow anyways.
