Pennsylvania has an important place in US history, and it continues to be a major contributor to the US economy today. The state has the sixth-largest economy of all the US states.
The state is a bastion of higher education; many of the top universities and colleges in the US are located there and contribute top talent to Pennsylvania’s labor force.
Pennsylvania is a great place to do business for many reasons. Forbes ranks the state #15 in business costs, putting it ahead of 35 US states. It’s also ranked highly in the Quality of Life category. CNBC gives the state high scores for education, access to capital, technology and innovation, the cost of doing business, and workforce.
With high rankings in the areas of business costs and education, this economic powerhouse is an outstanding place to open a business. FranNet’s experts know Pennsylvania, and they’re ready to help you choose a business that will give you all the advantages of the Keystone State.