Subscribe

* indicates required

It's Start-Up Season

Idaho Falls ranks in top 3 small cities for new businesses

Published online: Feb 15, 2017 Articles, East Idaho Business
Viewed 6040 time(s)

Got an itch to start a business in Idaho Falls this year? According to international small-business blog HeroPay, this might just be the time and place for you to take the plunge.

Idaho Falls recently ranked  No. 3 out of 358 cities that the website analyzed in a study of Best Cities to Start a Business in 2017.

Researchers examined data from 358 cities and conducted a survey of 150 small business owners countrywide as part of the study.

Items of interest:

  • The best statistical category for Idaho Falls was, # of firms per 100 employable people [3.0], falling in the 96th percentile vs. an average amongst cities of 2.2
  • Survey insight: 40 percent of small business owners look to hire this year vs. 5 percent stating they would decrease employees
  • Millennial business owners aged 18-24 were the most financially confident in their business this year at 84.6 percent vs. the average of 70.7 percent (confident vs. not)

For more specific details, click here.

Share

Send to your friends!

  • Like what you read?

    Get Idaho Falls Magazine straight to your door!

  • Subscribe Today!

    Sign Up