Ranking It
The best cities to start a business? San Antonio is one of them.
The entrepreneurial spirit is alive and well in San Antonio, says WalletHub's report on the best cities to start a business. Alamo City ranks No. 22 on this year's list — a jump from the No. 29 spot in 2016.
The financial website's analysts compared startup opportunities in the 150 most populated U.S. cities by analyzing 18 key metrics, ranging from business survival rate to office affordability.
San Antonio shines with the second best business environment ranking, which factors in things like average work week, startups per capita, and industry variety. Regarding access to resources, however, we rank among the worst, at No. 133. Our costs are pretty steep too, ranking No. 96.
As a whole, Texas seems to be the land of opportunity. Austin (No. 8) and Amarillo (No. 9) land in the top 10. They're followed by Lubbock (No. 13), Laredo (No. 15), Houston (No. 18), Fort Worth (No. 20), San Antonio (No. 22), and Corpus Christi (No. 25). Amarillo, Lubbock, and Laredo also tie for the most accessible financing in the U.S.
Those looking to start a biz outside of the Lone Star State need not go far. Oklahoma City claims the No. 1 spot on the report.