Monday, 27 April 2015 15:31

Shreveport ranked 1, New Orleans 14th, best cities to start business says WalletHub

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new-orleans-tourism-compressed1WalletHub has ranked Shreveport as the top city in the United States to start a business while New Orleans is ranked 14th. 



The deepest employee pool and cheapest employees were New Orleans’ top reasons for its rank. 

Shreveport ranked high in “access to resources” and in “business environment.

With the number of self-employed Americans expected to rise to more than 60 million by 2020, the leading personal finance social network WalletHub conducted an in-depth analysis of 2015’s Best Cities to Start a Business.

In order to help aspiring entrepreneurs maximize their chances for long-term prosperity, WalletHub analyzed the relative start-up opportunities that exist in the 150 most populated U.S. cities. We did so using 13 key metrics, such as the number of small businesses per capita, financing accessibility and the educational attainment of the local workforce.

Starting a Business in New Orleans (1=Best; 75=Avg.)

$1·  58th – Financing Accessibility

$1·  67th – Office Space Affordability 

$1·  50th – Hardest Working Population

$1·  16th – Deepest Employee Pool

$1·  76th – Lowest Cost of Living

$1·  19th – Cheapest Employees

$1·  45th – Most Educated Workforce 

For the full report, please visit:

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Bayoubuzz Staff

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