News Summary
The Greater Phoenix area shines in WalletHub’s recent ranking of the best large cities for starting a business, with six cities making the top 25. Scottsdale leads at 14th, followed by Chandler, Glendale, Mesa, Phoenix, and Gilbert. Tucson also makes the list at 50th. This ranking highlights the region’s entrepreneurial opportunities and supportive business environment, making it an ideal location for startups and established businesses alike.
Greater Phoenix Shines in WalletHub’s Business Rankings!
In a heartwarming turn of events for entrepreneurs and business enthusiasts alike, the Greater Phoenix area has made quite the splash in WalletHub’s latest ranking of the best large cities in the U.S. for starting a business. With six cities in the top 25, this region is clearly proving it’s a hotbed for budding enterprises!
Scottsdale Takes the Lead!
Leading the charge is none other than Scottsdale, which has proudly secured the 14th spot on this prestigious list. It’s a well-deserved recognition for a city that knows how to create a thriving atmosphere for businesses. With an excellent ranking of 5th for access to resources and a solid 12th in terms of business environment, it’s clear that Scottsdale has all the right ingredients for success. However, it ranked a little lower at 78th in business costs, which could be something for future entrepreneurs to consider!
Chandler, Glendale, and More!
But Scottsdale isn’t flying solo! Right behind it, we have Chandler at 17th place and Glendale not far behind at 18th. Mesa follows closely at 20th place, adding to the vibe of this bustling area. And let’s not forget the vibrant city of Phoenix, which secured the 21st spot in this exciting ranking. Rounding out Greater Phoenix’s amazing performance, Gilbert made it into 24th place. Talk about a remarkable showing!
Tucson Rounds Out Arizona Cities
While the Greater Phoenix cities dominated, Tucson managed to get a spot on the list as well, coming in at 50th place. Even though it may not have the same high rankings as its counterparts, Tucson can still hold its head high, especially since it ranked a commendable 10th in business costs.
Florida’s Warm Welcome for Business!
Stealing the spotlight nationally, Florida cities dominated the top five rankings. Orlando snagged the first place, followed closely by Tampa at second. The cities of Jacksonville and Miami also made their presence felt, ranking at 4th and 5th places, respectively. The only pie outside the Sunshine State that made it into this elite club is Austin, Texas, which came in third. And just for the sake of contrast, Washington, D.C. unfortunately landed at the bottom of the list.
What This Means for Greater Phoenix
The shining rankings of Scottsdale, Chandler, Glendale, Mesa, Phoenix, and Gilbert are not just figures on a list—they reflect the exciting opportunities for current and future entrepreneurs living in the area. With so many resources readily available and an encouraging business environment, it’s clear that starting a business here could be a recipe for success!
Additionally, it’s worth mentioning that Scottsdale has a knack for performing well in WalletHub rankings. Earlier this year, it was celebrated as the 8th happiest city in the U.S. and even snagged the 3rd spot for best cities for credit scores. Talk about an all around fantastic place to live and work!
The Bottom Line
The results from WalletHub shine a bright light on the possibilities that await aspiring business owners in the Greater Phoenix area. From the vibrant city of Scottsdale to the promising landscapes of Phoenix and beyond, it’s a great time to consider diving into the entrepreneurial waters here in Arizona. With so many supportive factors at play, the business landscape is looking vibrant and inviting!
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Additional Resources
- KTAR: Start a Business – Best Places
- AZ Big Media: Top 10 Employment Law Firms in Arizona
- AZ Big Media: Top 10 General Contractors in Arizona
- Wikipedia: Business Environment
- Google Search: Business Opportunities in Arizona
