The Bluegrass State is a highly desirable place to open a business. It all comes down to low costs and a business-friendly environment.
CNBC ranks Kentucky highly for its cost of living and for its cost of doing business. It also gets an “A” for infrastructure. Low electricity rates and low crime mean lower costs all around. And with housing costs that are 30% below the US average, Kentucky is an attractive place to move to.
But the state isn’t stopping there. They’re working to become even more business friendly with the Red Tape Reduction Initiative, which seeks to eliminate unnecessary regulation. That means less stress and more profit for Kentucky businesses.
FranNet’s local experts know how to find the right business for you—one that fits your needs and will do well in Kentucky.