Tuesday, August 30, 2016

US Media Studios Highlights the Top Five Cities for Start-Ups

We really don’t like to brag. US Media Studios is located in the south Florida area which came in second place on the Kauffman Index: Start-Up Activity creation report. We can attest that the Miami-Fort Lauderdale-Pompano Beach, Florida area is a great place to start a new business. As are the other four.

Report Background

The Kauffman Index: Start-Up Activity (PDF) report is one which compiles and crunches data to determine the rate of entrepreneurs opening businesses in any month. It also runs the data to find out if the businesses started because the market was good or because its owner had no other options for work. The report also measures the number of newly created businesses that employ at least one other person per 1,000 companies.



Top Five U.S. Cities for Start-Up Creation

Austin, Texas came in first and understandably so. It is a growing vibrant city with a continual growing entrepreneurial community. It is a supportive city for start-ups, no matter which industry the business is in.

Miami-Ft. Lauderdale-Pompano Beach, FL came in second. Other than its low tax rate and low cost of living, the area is rich with immigrants from the Caribbean, Cuba and South America. These enterprising residents open the smaller mom and pop shops, eateries, craft houses, etc.

Following these two are: Los Angeles, San Francisco, and Las Vegas. Los Angeles has always has a strong creative spirit that invites business creation. San Francisco is California city in which high tech start-ups thrive. Las Vegas has year-round pleasant weather and plenty of space in which to open a business.

US Media Studios believes in start-up creation, supporting those new businesses, and cities providing support for the entrepreneur. If not, we would not be here ourselves.