Top 20 Locations to Start a Small Business in North Carolina
By Kristen Adams | Daily Marketing Advice
North Carolina is a highly favorable state for business owners owing to its business-friendly policies and low cost of living. It has a diverse economy with thriving industries such as healthcare, manufacturing, hospitality, finance, and technology.
The state is home to several towns that offer numerous opportunities for business ventures.
Today we will explore the top 20 towns in North Carolina that offer the best environment for starting and growing a business.
Methodology
The data used in compiling this list was gathered from reputable sources, including the U.S Census Bureau, the North Carolina Department of Commerce, the North Carolina Secretary of State’s office, and other economic development entities. We assessed the towns based on factors such as business assistance programs, access to capital, workforce quality, infrastructure, and cost of living.
Top 20 towns to start a business in North Carolina
1. Charlotte
Charlotte is the largest city in North Carolina, and its economy is diverse with thriving industries such as banking, healthcare, and transportation. The city offers an excellent environment for businesses to thrive, thanks to its supportive business community, strong infrastructure, and access to a skilled workforce.
2. Raleigh
Raleigh is the capital city of North Carolina and is home to several prominent universities such as North Carolina State University and Duke University. It is famous for its technology and research industries and has a high quality of life, which attracts skilled workers from all over the country.
3. Cary
Cary is a suburb of Raleigh and offers an excellent environment for businesses, thanks to its strong economic growth, low crime rate, and robust infrastructure. The town has a highly skilled workforce and offers numerous business incentives and support programs.
4. Durham
Durham is a vibrant town and offers a mix of traditional industries such as manufacturing and healthcare and emerging ones such as technology and biotech. The town has a diverse community and offers excellent opportunities for businesses, thanks to its supportive business environment and low cost of living.
5. Winston-Salem
Winston-Salem is a city in North Carolina known for its technology and healthcare industries. The city offers several business resources, including low-cost office space, support services, and financial assistance options for startups.
6. Greensboro
Greensboro is a bustling city in North Carolina that offers a favorable business environment, thanks to its strong infrastructure, skilled workforce, and low cost of living. The town is home to several prominent universities, including the University of North Carolina at Greensboro and North Carolina Agricultural and Technical State University, which provides access to a skilled pool of professionals.
7. Asheville
Asheville is a city in North Carolina that attracts diverse businesses, thanks to its thriving arts and tourism industry. The town has a unique culture that attracts skilled workers from all over the world, and it has a supportive business community.
8. Wilmington
Wilmington is a city in North Carolina that is home to several thriving industries, including healthcare, finance, and telecommunications. The city has a vibrant culture and offers various incentives for startups, including funding, tax credits, and mentorship programs.
9. Fayetteville
Fayetteville is home to America’s largest military installation and offers several opportunities for business ventures. The town has a diverse economy and offers various programs to support small businesses.
10. High Point
High Point is a thriving business city in North Carolina that is known for its furniture industry. The town offers several resources for startups, including funding opportunities, mentorship programs, and access to a skilled workforce.
11. Mooresville
Mooresville is a town in North Carolina that has a thriving motorsport industry, and it attracts businesses in related fields. The town has a supportive business community, and it offers various resources for startups.
12. Apex
Apex is a small town in North Carolina that offers several opportunities for small businesses. The town has a supportive business community and offers various business incentives and support programs.
13. Chapel Hill
Chapel Hill is home to the University of North Carolina at Chapel Hill and attracts businesses in the technology and research industries. The town has a highly skilled workforce and offers various incentives, including funding, mentorship, and access to research facilities.
14. Kannapolis
Kannapolis is a city in North Carolina that offers several opportunities for small businesses, especially in the biotech and manufacturing industries. The town offers various resources for startups, including mentorship, funding, and access to research facilities.
15. Matthews
Matthews is a small town in North Carolina that offers an excellent environment for small businesses, thanks to its supportive business community, low cost of living, and strong infrastructure. The town offers various resources for startups, including mentorship, funding, and access to research facilities.
16. Huntersville
Huntersville is a town in North Carolina that offers an excellent environment for small businesses, thanks to its strong infrastructure, skilled workforce, and supportive business environment. The town offers various resources for startups, including mentorship, funding, and access to research facilities.
17. Cary
Cary is a small town in North Carolina that attracts businesses in the technology and healthcare industries. The town has a highly skilled workforce and offers various incentives, including funding, mentorship, and access to research facilities.
18. Garner
Garner is a small town in North Carolina that offers several opportunities for small businesses. The town has a supportive business community and offers various business incentives and support programs.
19. Morrisville
Morrisville is a small town in North Carolina that attracts businesses in the technology and research industries. The town has a highly skilled workforce and offers various incentives, including funding, mentorship, and access to research facilities.
20. Clayton
Clayton is a small town in North Carolina that offers several opportunities for small businesses. The town has a supportive business community and offers various business incentives and support programs.
Conclusion
In conclusion, North Carolina is home to several towns that offer a supportive business environment, low cost of living, and access to a skilled workforce. The towns highlighted in this article are just a few of the many towns in North Carolina that offer opportunities for startups and small businesses. If you are looking to start a business in North Carolina, these towns should be on top of your list.
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