BEST CITIES TO START A BUSINESS IN ALABAMA
Alabama’s economy is much more diverse and dynamic than you might think. Automotive companies like Honda, Mercedes-Benz, Toyota and Hyundai all have major presences in the state. A number of major technology and communications companies also have bases in Huntsville or Birmingham, including AT&T, telecommunications provider Deltacom and computer graphics company Intergraph.
These major companies maintain tens of thousands of positions in the state for college educated workers in a variety of fields, challenging the common notion that Alabama has a staid economy centering on agricultural production.
A shift towards toward advanced industry in the state, along with a very low cost of living have contributed to Birmingham’s fertile and lively startup scene. Startups based in the city experienced a dramatic increase in funding in 2016, with Shipt, an online grocery service leading with pack by receiving over $40 million in Series A funding.
The central locale for Birmingham’s bustling startup sector is the Innovation Depot, the largest of its kind in the Southeast with 140,000 square feet of office space, labs and recreational facilities for young tech companies.
The time has never been better for entrepreneurs to relocate to Alabama and start a business.
Only cities with over 50,000 inhabitants are reported in the results. Some data had to be interpolated to the county level and extrapolated to all the cities in the county. We concentrated on the following metrics to obtain our ranking: Cost of living, Best state for business, Unemployment, Kauffman index, and Universities.
ABOUT HOW TO START AN LLC
I'm an entrepreneur myself. When talking to others who want to start their own business, they often get wrapped up in the nitty gritty of paperwork and forming the company. They forget that what really matters is customers, sales, and profit. That's why I created How to Start an LLC.org: a simple resource and guide so you can spend less time on forming your company, and more time on building it.
My lawyers want me to remind you that I'm not a lawyer and that I'm completely unqualified to offer legal advice. This site is meant to serve as a reference for you on your journey. If you have questions or concerns, please contact a qualified lawyer (or accountant) to help you. Also, as a general rule, never take random legal advice on the internet.