Looking for a quality city to start your business? Raleigh has been topping many lists in 2017, from the fastest growing cities, to one of the best cities for jobs and to raise a family.
Earlier this year, the capital city of North Carolina also came in as the #1 city to start a business as well as the top places to base your startup. An educated city with the Research Triangle Park (RTP) as its strong backbone, the Raleigh/Durham area is such a desirable place for a long and wide list of industries. It’s one of many reasons to move to the Tar Heel state!
Looking across the entire state with a corporate tax rate of just 3%, it’s no wonder businesses choose to either move an existing business, expand or create a startup right here! North Carolina ranks 1st among states for “Best States to Start a Business” according to a study done by Fit Small Business.
Back in 2016 Forbes picked North Carolina as the 2nd best state for business. There are many things that stand out in the breakdown but what makes things comes together is large percentage of college graduates but the labor costs are surprisingly low to boot. So, from a business standpoint if you can have access to a highly educated workforce while keep costs down you have essentially hit hit the sweet spot for the labor market.