When choosing a city in which to launch a startup business, every small city offers unique advantages to new business owners. Some include lower overhead costs, stronger relationships with customers, and the potential to become a big fish in a little pond.
To determine the best small cities to start a business, WalletHub compared the business-friendliness of more than 1,300 small-sized cities. WalletHub set 18 key metrics ranges from average growth in number of small businesses to investor access to labor costs.
The number one, two and three cities are TDS communities. Check out other TDS communities that made the list:
Washington, Utah (1)
St. George, Utah (2)
Cedar City, Utah (3)
Redmond, Oregon (16)
Windsor, Colorado (17)
Bend, Oregon (23)
Carlsbad, New Mexico (137)
The study can be found at https://wallethub.com/edu/best-small-cities-to-start-a-business/20180.
In another study, Bend, Oregon was ranked the Number One Best Small City to Live in the USA.
1. Bend, OR
Bend is becoming the new, hip place to live in Oregon. Located east of the Cascade Mountains, this growing city in central Oregon has a population just over the small city limit at around 102,059. In 2020, that number was 99,126. So it may not remain a small city for long. But it’s easy to see why so many are flocking here.
Although tech, IT and healthcare are leading industries here, Bend’s reputation as a “Zoom town” has drawn remote workers in droves. With access to hiking, skiing and climbing in the mountains and desert nearby, Bend appeals to the outdoor set. With the Deschutes River running right through the center of town, you don’t even need to drive out of the city to spend time in nature. Locals can stand-up paddleboard, float and kayak through the heart of Bend. At Whitewater Park, there are even some manmade rapids where you can surf.
Plus, there’s plenty to do when you’re not outdoors. Shop and dine at the Old Mill District, a former industrial-area-turned-outdoor-retail-mall. Refresh yourself with a craft brew from local breweries like the Crux Fermentation Project, catch live music at the Hayden Homes Amphitheater and more.