Location, location, location. We’re sure you’ve heard this saying before. When it comes to pursuing or doing business, finding the right area matters. With this in mind, our Day Translations blog wants to take you along as we explore some of the biggest business areas in the US.
Let’s jump right in!
Choosing the Best Business Areas in the US
Making the decision and choosing the best area for business takes into consideration a lot of factors. The right location for you isn’t drawn from out of a hat. Instead, there needs to be research done to see whether or not a location is favorable to you and what you wish to accomplish. You also need to consider the logistical challenges you face if you are relocating to a particular area rather than starting from scratch and work with reliable interstate movers to overcome them.
With this in mind, here are some of the biggest business areas in the US if you’re thinking of taking the next step in business or wanting to relocate.
New York City
The Big Apple is what many people refer to New York City as. This is probably one of, if not the biggest business area in the United States. With a population of approximately 18,867,000 people, this area has the largest number of people in a metropolitan area within the US.
Home to many corporate giants, New York City is always buzzing. That’s why it’s also called the city that never sleeps. Additionally, the New York Stock Exchange is the largest trading hub in the world.
With all of these great things going for NYC, it is absolutely ripe with possibilities for entrepreneurs, job seekers, and employees seeking to make the most out of the opportunities that present themself in this major metropolitan city.
If you’re into fashion and fintech, then New York is the place for you as it is considered to be the world’s financial and fashion capital.
San Francisco
San Francisco falls at number 15, being the most populous area in the United States. This major city is home to the famous Silicon Valley along with some of the largest tech companies within the US including Facebook and Oracle.
San Francisco is a great place to go if you’re seeking to kick-start your entrepreneurial journey because there are countless venture capital opportunities. Of course, the possibilities are endless when it comes to doing business because of the innovative landscape and the city’s openness to research and development.
Apart from San Francisco, California is home to several other lucrative business areas. The likes of Los Angeles and San Diego also have thriving business scenes where your venture can flourish and prosper. With a business structure such as an LLC in California, entrepreneurs can take advantage of tax credits and many other business incentives unique to the Golden State.
Seattle
The city of Seattle is one of the fastest-growing areas in the United States today. Seattle is a great place to begin if you’re a female business owner or a woman seeking to break into the entrepreneurial world.
The city’s 2020 stats declare that approximately 43% of self-employed business owners are women. The popular areas for growth within this city include Artificial Intelligence, the Life sciences, and analytics.
Seattle is also home to Microsoft, Amazon, and Starbucks. What makes Seattle such a great area to do and start a business has a lot to do with the young and upcoming population within the area. The younger the population, the more vibrant the people, making it possible to have an efficient workforce.
Portland
Forbes continues to rank Portland in the top five areas for business. This area has great potential for growth, especially because it has such a highly educated and young (millennials) population.
Businesses in Portland, Oregon, have a deliberate focus on sustainability, and the population puts these practices into play on a daily basis. So, if you’re looking for a great area to start a business, then Portland should not be left off your list.
Austin
Austin is the capital of Texas state. It currently ranks as the number one area for new businesses in the United States. Austin has a unique advantage, given its geographical location.
Austin is your place if you’re looking for a multilingual setting. Because of its close proximity to Mexico, it is easy to find businesses, employers, and employees alike speaking both English and Spanish.
The demographic in Austin is popular for its creativity and innovation, which absolutely sweetens the deals and brings up its rankings as a business area. Apart from Washington D.C., Austin, Texas, is the place for major growth when it comes to start-ups.
Let’s Wrap Up
As time goes by and as knowledge and technology continue to increase, the biggest areas for doing business in the United States are bound to increase. Of course, different areas are going to attract different types of businesses. Especially as the areas of specialty expand, and more people find their niche within the market.
That said, don’t forget that Day Translations is here to help with your translation and interpreting needs and your business needs. Our team of experts is available 24/7 to offer localization services, BPO services, Marketing services, and so much more.