Riverside is the number one small business city, in a study analyzing small businesses across America. Of the 25 cities considered in the weighted average, the top 10 were:
- Riverside, CA
- New York Metro
- Charlotte, North Carolina
- Las Vegas
- San Francisco
- Miami – Fort Lauderdale, Florida
- Los Angeles
- Dallas- Fort Worth, Texas
This study was done by Biz2Credit that analyzed over 12,000 business with fewer than 250 employees. Each one being in operation for more than a year and less than 10 million in annual revenues.
Small Business Success
An article by CNBC talked about the benefits and small businesses.
…area is a hub for IT, advanced manufacturing, food processing, health and medicine and professional services. The ecosystem for growth companies is strong, since it has such resources as incubators, accelerators and co-working spaces, as well as a Shop Riverside campaign to promote local businesses.
Industry leading experts say the inland Empire counties are becoming more and more attractive to Southern California residents. Therefore, residents can’t afford the rising cost of the coast/beach cities, and this would only make it more attractive to settle in the Inland Empire. Furthermore, it can be discouraging just checking home prices in nearby Orange County.
Riverside Real Estate Market
Finally, if you are in the process of buying a home, now is a great time to make that choice. The Inland Empire is a fast growing region just East of Los Angeles. You don’t have to “settle” anymore to live in a city like Riverside. With affordable housing, events, and growing population. You will find the IE an attractive place to raise or family or grow your career.
In conclusion, if you would like to find out even more about Riverside, you can check out our community guide page. It offers lots of information about Riverside. Including neighborhoods, crime rates, schools, media, and lots of resources for local events!