New Report Ranks Atlanta Among Best For Small Businesses

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You already know Atlanta is a haven for businesswomen, but the news gets even better. According to a new report from loan site LendingTree, Atlanta is among the top cities for small businesses.

The site commissioned an online survey of 1,281 Americans from Jan. 2-10, 2020 to come up with the findings, which show that Atlanta ranks #6 among top cities for small businesses.

Top 10 Places for New Small Businesses

Here are the top 10 cities, according to LendingTree.

Rank

Metro

% of Businesses 5
Yrs Old or
Younger

% of
Businesses
Profitable

% of Businesses
with Revenue Less
than $1M

% of Firms with
Less than 250
Employees

Index

1

Seattle

34.4%

70.9%

70.3%

95.6%

100

2

Denver

35.7%

69.4%

70.8%

94.9%

97.46

3

Tampa, Fla.

35.4%

64.9%

74.1%

95.8%

95.76

4

Miami

39.2%

61.0%

76.7%

97.9%

92.37

5

Portland, Ore.

33.1%

69.8%

69.2%

95.5%

88.98

6

Atlanta

35.5%

66.6%

70.2%

95.2%

88.14

7

Orlando, Fla.

38.6%

64.7%

74.0%

94.6%

86.44

8

Los Angeles

36.3%

62.9%

69.6%

98.0%

83.9

9

New York

35.7%

57.4%

72.1%

98.6%

81.36

10

Minneapolis

27.9%

69.1%

69.6%

95.9%

79.66

 See the full report HERE.

Is Atlanta A Good Place To Start A Business?

With a diverse economy, strong population growth and higher than average cost of living, Atlanta is a very good place to start a business.
 
When it comes to doing business, Atlanta has one of the lowest costs of doing business in the country, considering its size.

The state of Georgia also provides a bevy of incentives to high-profile sectors such as the film industry and more.

Interested in other ways to save or make money? Check out our Money Section:

Tee Johnson: Tee Johnson is the Founder and Editor-in-Chief of AtlantaFi.com, Atlanta’s independent hyper-local publication focused on news, restaurants, events, jobs, neighborhoods, and lifestyle. A 15+ year Atlanta resident and longtime journalist and content creator, she covers Travel News, Events, Business, Hair Care, and Money with a practical, Atlanta-first lens. Before launching the site, Johnson worked as a substitute teacher in Atlanta Public Schools and later in corporate roles at Home Depot’s Vinings offices. A marketer by training with a degree in business management, she grew frustrated with the fragmented, hard-to-find information about what was actually happening in the city. That gap led her to create AtlantaFi as a curated, one-stop resource for the pulse of Atlanta—#ATLHAPS—without the national noise. Editorial decisions remain independent; the publication does not accept products, meals, or services in exchange for coverage. As Editor-in-Chief, she oversees original local reporting and curated practical guides that help residents, visitors, and businesses discover and engage with the city. Readers turn to her work for timely event roundups, dining and neighborhood insights, business and travel updates, and straightforward money and lifestyle coverage grounded in firsthand observation of Atlanta. A devoted lover of all things Atlanta, Tee enjoys pickleball, a good margarita or bourbon, and walking the Atlanta Beltline. She can be reached for editorial inquiries at tjohnson@atlantafi.com (serious inquiries only).

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