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Monday, May 6, 2019
Honolulu 5th-lowest Small Business Growth
By Selected News Articles @ 1:48 PM :: 3798 Views :: Hawaii Statistics, Small Business

2019’s Best Large Cities to Start a Business

Wallet Hub, May 6, 2019 

Americans are born with an entrepreneurial streak. It’s in our DNA. From the Gold Rush to the Industrial Revolution to the Internet Age, intense periods of innovation have molded our economy and sparked important societal advancements.

Today, more than 15.3 million people in the U.S., or nearly 10 percent of the labor force, work for themselves. And there is always room in the market for new ideas, products, services and multi-million-dollar success stories — if one knows where to look.

In order to help aspiring entrepreneurs — from restaurant owners to high-tech movers and shakers — maximize their chances for long-term prosperity, WalletHub compared the relative startup opportunities that exist in 100 U.S. cities. They did so using 19 key metrics, ranging from five-year business-survival rate to office-space affordability….

For a breakdown of smaller markets, check out WalletHub’s Best Small Cities to Start a Business ranking.

read … Full Report

Honolulu, HI

  • 82 -- Overall Rank (1=Best)
  • 45.79 -- Total Score
  • 81 -- ‘Business Environment’ Rank
  • 12 -- ‘Access to Resources’ Rank
  • 73 -- ‘Business Costs’ Rank
  • 96 –- Growth in Number of Small Businesses (5th-lowest)
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