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The Best Cities for New Small Businesses

February 26, 2020

Starting a business is an inherently risky endeavor, especially when headlines and statistics tout findings that around 20 percent of small businesses fail within the first year and 50 percent within five years. But those prospects can change dramatically based on where you headquarter your business. A recent study from online business loan site LendingTree found that certain cities in the U.S. are better places to start new small businesses than others. To determine the rankings, LendingTree looked at the data it has from companies applying for loans and studied the percentages of businesses that were profitable, the percentage less than six years old, the percentage with less than $1 million in revenue and the percentage with fewer than 250 employees across U.S. metro areas.

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S2CX Consulting

Startup that offers online strategic consulting services, specializing in improving the Customer Experience (CX), with a focus on SMEs and Startups. We help entrepreneurs to take a turn by focusing their company on the client. This allows them to reach the next level both as an organization and as sales. We do it through 7 simple steps that we have detailed in an online program, which we support if necessary, with remote consulting hours at the key points. This business strategy is used by practically all the exceptional brands, such as Amazon or Starbucks and we have synthesized and simplified it in our S2CX Program. To know more www.s2cx.net

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The Best Cities for New Small Businesses