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SUNDAY, NOVEMBER 22, 2009
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10 Best Cities for Small Business

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(Newser) – Despite tough economic times, an analysis of the country’s 100 largest metropolitan areas offers hope for those looking to launch a small business. Portfolio and BizJournals list the cities that are most conducive:

  1. Raleigh, NC: The only market to rank among the top 10 in many key categories—growth, population, employment—and offer almost 30,000 small businesses for a million residents.
  2. Charlotte, NC: A key banking hub, the city has some big problems, but its small business sector appears “remarkably resilient."

  1. Seattle: A strong concentration of small businesses is “a nice cushion against tough times.”
  2. Austin: Texas has taken less of a beating during this recession. Witness Austin’s creation of 10,000 jobs last year.
  3. Boise, Idaho: Despite being the second-smallest market in the top 10, “Boise boasts the nation’s best growth rate for small businesses,” 4½  times faster than the national average.
To see the full list, click the link below.

Austin is No. 4 on Portfolio's list of best cities for small business.
Austin is No. 4 on Portfolio's list of best cities for small business.   (©MeRyan)
Seattle is the third-best US city for small business, by Portfolio's rankings.
Seattle is the third-best US city for small business, by Portfolio's rankings.   (AP Photo)
Charlotte, NC, comes in second (overall and in the state) to Raleigh.
Charlotte, NC, comes in second (overall and in the state) to Raleigh.   (Shutterstock)
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