Utah prides itself on being a great place to live and work. Large corporations and small businesses often choose Utah for its skilled workforce. The state’s reliable employment growth has continued for years. At the same time, the overall population and number of households are on the rise.
Also, the economy is growing. In the first quarter of 2018, Utah boasted the second-highest GDP growth rate in the US.
Forbes ranks Utah in the top three states in the categories of labor supply and regulatory environment, giving it an overall first-place ranking six times since 2010. 24/7 Wall St. named Utah “the best state for business” in 2017. These prestigious rankings are thanks to Utah’s booming population and business-friendly regulations. Business owners in Utah are also delighted by the state’s real-estate costs and educated population.
Now’s the best time to take advantage of the incredible growth, low costs, and powerful workforce in this beautiful state. FranNet’s local experts will help you find a business that makes the most of Utah’s outstanding business climate.