NEWS RELEASE
St. Petersburg Ranks in the Top 15 Best Large Cities to Start a Business
With May 5 kicking off National Small Business Week and half of Americans working for small businesses, the personal-finance website WalletHub today released its report on 2019’s Best Large Cities to Start a Business as well as accompanying videos.
In order to help aspiring entrepreneurs maximize their chances for long-term prosperity, WalletHub compared 100 U.S. cities across 19 key indicators of startup viability. The data set ranges from five-year business-survival rate to office-space affordability.
Starting a Business in St. Petersburg (1=Best; 50=Avg.)
- 42nd – Financing Accessibility
- 42nd – Office-Space Affordability
- 43rd – Labor Costs
- 10th – Cost of Living
- 39th – Length of Average Workweek (in Hours)
- 48th – Share of College-Educated Population