Buffalo’s economic claim to fame is its affordable real estate. The city has low costs for both businesses and residents, making it a good investment for business owners.
US News & World Report ranks Buffalo tenth on its list of 25 Best Affordable Places to Live in the US. The city boasts low household expenses and is a top location for millennial homebuyers. That gives it a strong, young, workforce and a stable consumer base with spending power.
To support the city’s continued growth, Buffalo provides support to its business owners in the form of tax exemptions. The Buffalo State Small Business Development Center is available to help with training and networking.
To get started in Buffalo’s growing business scene, speak with a FranNet consultant. FranNet’s local experts know the city of Buffalo and the state of New York well, and they’re ready to help you choose a business that will help you reach your goals.