You Won’t Believe Deerfield Beach’s Rank out of 1261 Business Friendly Cities
DEERFIELD BEACH ECONOMIC DEVELOPMENT: WalletHub, a personal finance website, found that Deerfield Beach ranks as the 15th best city to open up a business. The study ranked 1,261 small cities in the United States.
To determine the best small cities to start a business, WalletHub compared the business-friendliness of more than 1,200 small-sized cities. The data included 18 key category metrics ranges from average growth in number of small businesses to investor access to labor costs. The cities ranged in size from 25,000 to 100,ooo residents.
The city of Deerfield Beach and the Deerfield Beach Economic Development Council (EDC) have made consistent efforts over the past several years to attract a variety of businesses to the area. One of their selling points has been to position the city as a less expensive alternative to Fort Lauderdale and Boca Raton. Dave Mirantz, executive director of the EDC has said, ” “We are a diverse and unpretentious community,” he says. “There is no other place like Deerfield Beach in Florida.”
Bob Birdsong, EDC Chairman, added, Deerfield Beach is “a perfect blend of accessibility, recreation and economic potential. Deerfield Beach is a paradise and an ideal location for any size business considering relocating. We have the most undeveloped commercial/industrial land of any city in Broward County, and we also have the beach and every major highway in South Florida directly intersecting with DFB. It is a city dedicated to economic development.” The statements from Birdsong and Mirantz come from the EDC website.
The Wallethub study was based on three primary factors: Business Environment (including quality of life issues), Access to Resources (including availability of investor’s with money and quality of talent) and Business Costs.
So, who topped the list? Those honors belong to Holland, Michigan and St. George, Utah. Fort Myers was third on the list. leading all Florida small cities. Way down on the bottom of the list were Westfield, NJ and Suisun City, CA. The map below is interactive and shows all 1,261 cities that were studied.
This story was prepared by our Deerfield Beach news desk with additional information from various public sources and other websites.
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