Toledo, Ohio, is among the Top 100 cities for starting a business in the US, according to WalletHub, where the city ranks well for its affordable business expenses and living expenses. Toledo and Ohio both rank highly for affordability. The state has below-average housing, healthcare, grocery, and transportation expenses.
But it’s not just about expenses. The city’s strategic location places it within an eight-hour drive of 60% of the US population, making it a popular destination for visitors. As home to the University of Toledo, the city boasts an educated population and a healthy stream of student and visitor spending.
The city is putting major efforts towards growth, too. Over 3800 new jobs have been added to Toledo in the last three years, a result of over $3 billion in investments.
To get started with your business in Toledo, speak with a FranNet consultant. FranNet’s experts will tell you what you need to know about Toledo and Ohio, and they’re ready to help you start down your path to success.