2 Oklahoma cities where it's best to start a business
Internet high-five coming your way, Tulsa, because you’re one of the best cities to start a business in!
Access to Resources - Total Weight: 5
- Financing Accessibility (Total Annual Value of Small Business Loans Divided by Total Number of Businesses): Full Weight
- Office Space Affordability (Cost per Square Foot): Full Weight
- Employee Availability (Number of Job Openings Minus Number of Unemployed Residents): Full Weight
- Median Annual Income (Labor Costs): Full Weight
Business Environment - Total Weight: 5
- Corporate Taxes: Full Weight
- Cost of Living: Full Weight
- Length of Average Workday: Full Weight
- Workforce Education Level (Percentage of Population with at Least a Bachelor's Degree): Full Weight
- Entrepreneurial Activity: Half* Weight
- Five-Year Establishment Survival Rate: Half* Weight
- Number of Small Businesses Per Capita: Half Weight
- Industry Variety: Half Weight
- Small Business Friendliness Index: Half* Weight
Based on that, Tulsa ranked No. 2, just behind Shreveport, La. Tulsa’s “Access to Resources” rank is 18 and “Business Environment” rank is 1.
Oklahoma City also made the list, coming in at No. 21. Its “Access to Resources” and “Business Environment” ranks are 43 and 14, respectively.
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