Michigan’s history is a tapestry of industry and innovation. From its nineteenth-century logging boom to its twentieth-century automotive heyday to today’s technology upswing, Michigan has always been at the forefront of new ideas and blossoming business.
This scenic state brings in tourism dollars, too. It has the longest freshwater coastline of any US state and beautiful attractions such as the Sleeping Bear Dunes National Lakeshore. The state actively works to attract tourists, and their efforts have been paying off.
Michigan Businesses enjoy a low business tax burden (the ninth lowest among all US states) and the second-lowest commercial real estate costs in the US. The low cost of living means many residents have more discretionary income.
Overall, Michigan is an excellent place to open a business for its business costs, cost of living, and workforce.
FranNet’s experts are ready to help you take advantage of everything this amazing state has to offer. Let our local consultant help you find the business that will bring you success in Michigan.