Detroit’s low costs are a major attraction for those looking to open a new business. The city, which ranks in the top half of WalletHub’s list of 2018’s Best Large Cities to Start a Business, places fourth in the “business costs” category. Those low costs also serve to bring in diverse, young talent and build the spending power of the city’s residents.
But it’s not just about low costs. Detroit is known for its entrepreneurial spirit, which helps the city’s businesses prosper. Numerous organizations support business owners, and the city government’s efforts to grow the economy have gotten the attention of Inc.com, which recognizes Detroit as one of the 50 Best Places in America to Start a Business.
To take advantage of Detroit’s low costs and outstanding climate for growth, talk to a FranNet consultant today. FranNet’s local experts know what works in the area, and they’ll help you choose a business that will thrive.