Fort Myers has been ranked the third best small city in the U.S. to launch your business, according to a recent report by WalletHub.
This prestigious ranking places Fort Myers among a competitive pool of over 1,300 small cities with populations under 100,000. WalletHub evaluated these cities across 18 key factors that influence business success. These factors include:
- Small business growth rates
- Access to financing
- Investor availability
- Labor costs
So, what makes Fort Myers stand out? Here are some highlights from the report:
- Thriving Startup Ecosystem: Fort Myers boasts a high number of investors per capita, making it easier for startups to secure funding and get their businesses off the ground.
- Business Growth on the Rise: The number of small businesses in Fort Myers has grown by over 21% between 2015 and 2021, showcasing a thriving entrepreneurial environment.
- Affordable Office Space: Fort Myers offers competitive office space rental rates, making it an attractive location for businesses to set up shop without breaking the bank.
While Fort Myers secured the number three spot, two Utah cities (Cedar City and St. George) took the top rankings. However, Fort Myers remains in excellent company, rounding out the top five alongside Washington, Utah, and Post Falls, Idaho.
