Last San Jose, CA was in the top spot on this list.
This year they have dropped down to the 18th spot this year.
The list is based on a weighted average that includes annual revenue, credit score, age of business (in months), and a proprietary BizAnalyzer score that takes into account cash flow, debt-to-income ratio, and business owners’ personal credit scores.
You can read more of the details from their post below and see what Bay Area cities were still in the “top 10″…
Riverside, California, Tops Biz2Credit’s 2015 Ranking of The Best Small Business Cities in America 2015
“The Riverside-San Bernardino area ranked in the top five in three different measurements: average credit score, average annual revenue, and BizAnalyzer score. It also finished in the top ten for youngest age of business, which means startups are thriving there.”
The Top 10 Best Cities for Small Business
- Riverside-San Bernardino, CA
- Chicago, IL
- New York Metro
- Charlotte, NC
- Las Vegas, NV
- San Francisco-Oakland, CA
- Miami-Fort Lauderdale, FL
- Los Angeles, CA
- Houston, TX
- Dallas-Fort Worth, TX
- Washington, DC Metro
- Atlanta, GA
(Source: Biz2Credit)
Read more of their report here.
Photo by melburnian