Columbus ranked as top spot in Ohio for starting a business, but falls short on national stage

Written on May 04, 2017

Columbus is the best city in Ohio to start a business, according to a new ranking, but that doesn't amount to much nationally.

The city ranked No. 1 in Ohio in WalletHub's Best Large Cities to Start a Business, but only No. 88 in the country, according to the stats.

WalletHub examined at 18 factors in three categories and Columbus got its worst score for business environment, which looked at things such as startups per capita, the growth in small businesses, the five-year business survival rate and the variety of industries. The city ranked No. 108 in that metric.

Columbus was No. 40 nationally for access to resources and No. 75 for business costs.

Cincinnati came in at No. 105 nationally and Cleveland was No. 134, despite having the country's second-lowest labor costs.

Toledo had the 140th best overall climate for starting a business but stood out for its cheapest office rates in the country.

Leave a comment

Upcoming Events