Tags: Minneapolis | top | small | business

WalletHub: Minneapolis is Top City to Work for Small Business

By    |   Wednesday, 14 May 2014 02:10 PM

Minneapolis ranks as the best city in which to work for a small business, according to a survey of the 100 biggest cities in the country by WalletHub, a personal finance web site.

It rated cities by 10 measures, including number of small businesses, small business job growth, number of hours worked at small businesses and small business vitality.

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Salt Lake City placed second, followed by Miami, Madison, Wisconsin, and Oklahoma City.

Stockton, California, came in last, followed by Modesto, California, Augusta, Georgia, Jackson, Mississippi, and Scranton, Pennsylvania.

As for the number of small businesses per 1,000 residents, Miami topped the list at 30.2, followed by Bridgeport, Connecticut, at 28.7, Denver at 28.1, New York at 27.9 and Portland at 27.3.

Bakersfield, California, headed the bottom of the list at 14.02, followed by McAllen, Texas, at 14.03, Riverside, California, at 15, Stockton at 15.3 and Modesto at 15.9.

WalletHub offers six tips for finding a job at a small business: tailor your search, but avoid limiting yourself; move proactively, if necessary; focus on the future; customize your approach; mind your online footprint; and have a positive attitude.

The National Federation of Independent Business' small business optimism index rose to a 6 ½-year high in April

The number of small business owners who said they couldn't find qualified workers to fill vacant jobs is rising, sparking higher wages.

"Inflation will begin to pick up because reports of higher compensation are growing in frequency, and these costs will be recovered in higher prices," the NFIB said in a statement, Reuters reports.

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Minneapolis ranks as the best city in which to work for a small business, according to a survey of the 100 biggest cities in the country by WalletHub, a personal finance web site.
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2014-10-14
Wednesday, 14 May 2014 02:10 PM
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