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2014's Best Small Business Cities for Women in America

Biz2Credit MAY 2014 2014'S BEST SMALL BUSINESS CITIES FOR WOMEN IN AMERICA Analysis Examined Markets with the Highest Annual Revenue, Credit Scores and Other Factors Denver Baltimore State of Colorado Maryland Average Annual Revenue: Average Credit Score: Average of Age in Months: Average BizAnalyzer Score: 51.1 $1,88,713 596 Average Annual Revenue: Average Credit Score: Average of Age in Months: Average BizAnalyzer Score: $10,11,458 638 62.0 55.5 54.6 Biz2Credit.com has identified Denver as the Best Small Business City in America for Women, based on a weighted average that includes annual revenue, credit score, age of business (in months), cash flow, debt-to-income ratio, incorporation (C-Corp or LLC vs. sole propri- etorship), and business owners' personal credit scores. "Denver scored very well because of organic food, and tourism, Baltimore ranked surprisingly high. This is because there are many companies in the Baltimore-Washington corridor have gotten Woman-Owned Business certification, which helps with federal contracts. For this reason, Baltimore ranks much higher for women-owned businesses than it does in the overall national analysis conducted by Biz2Credit." - Biz2Credit CEO Rohit Arora, BIZ2CREDIT DEFINED "SMALL BUSINESSES" AS COMPANIES HAVING FEWER THAN 250 EMPLOYEES OR LESS THAN $10 MILLION IN ANNUAL REVENUES. THE TOP 25 CITIES FOR SMALL BUSINESS IN 2014 ARE: EIE Denver, CO Riverside-San Bernardino, CA Los Angeles-Long Beach-Anaheim, CA Las Vegas, NV Charlotte, NC Chicago, IL Seattle, WA Tampa-St. Petersburg, FL Philadelphia, PA Phoenix, AZ 1. 14. 2. 15. 3. 16. 4. 17. 5. 18. Washington, DC metro area Baltimore, MD New York metro area 6. 19. Pittsburgh, PA Houston, TX Milwaukee, WI Charleston, SC Orlando, FL 7. 20. 8. 21. San Francisco-Oakland, CA Portland, OR Atlanta, GA 9. 22. 10 23. 11. 24. Dallas-Fort Worth, TX 12. Miami-Fort Lauderdale-West Palm Beach, FL Indianapolis, IN 25. Jacksonville, FL 13. THE TOP 10 METRO AREAS BY ANNUAL REVENUE: 10 Jacksonville, FL Chicago, IL Pittsburgh, PA Los Angeles- Anaheim, CA Las Vegas, NV Charlotte, Denver, co Atlanta, Dallas-Fort San Francisco- NC GA Worth, TX Oakland, CA "Centers of technological innovation are booming. Cities like Jacksonville are taking advantage of their slower pace, Ilower costs and good standard of living offered to residents," - Biz2Credit CEO Rohit Arora, THE TOP 10 METRO AREAS BY AGE OF BUSINESS (IN MONTHS): Portland, OR Milwaukee, WI Seattle, WA Charleston, sC Orlando, FL Dallas-Fort Worth, TX New York metro area Houston Jacksonville, FL Las Vegas, NV metro area "Portland is a low-cost, friendly place to live. There is also a thriving organic food revolution going on there, which has resulted in many women that have opened new businesses in the food industry, Midwestern cities like Milwaukee are growing in the high-tech and medical technology industries. High end IT startup companies are beginning to emerge in this area. Further, traditional manufacturing hubs are evolving and supporting IT companies, and many of them are women-owned." Biz2Credit CEO Rohit Arora, THE TOP 10 METRO AREAS BY CREDIT SCORE: 10 Los Angeles Long Beach Anaheim, CA Pittsburgh, San Francisco Oakland, CA Portland. New York Denver, CO Las Vegas, Chicago IL-IN-WI Indianapolis, Seattle, OR NV metro PA IN WA "Indianapolis is growing because it has become a transportation hub, and certified women-owned businesses are taking advantage of opportunities there, In Pittsburgh, companies are benefitting in the transformation from a steel and manufacturing industry to a medical and financial services hub. There are more than twice as many women - Biz2Credit CEO Rohit Arora, About the Biz2Credit Best Small Business Cities in America Study Biz2Credit analyzed 12,000 businesses with less than 250 employees and less than $10 million in annual revenues from across the country that have been in operation for more than 1 year. About Biz2Credit Founded in 2007, Biz2Credit Business Loans is a leading credit marketplace connecting small- and medium-sized businesses with lenders, service providers, and complementary business tools. The company matches borrowers to financial institutions based on each business's unique profile -- completed in less than four minutes -- in a safe, efficient, price-transparent environment. Biz2Credit's network consists of 1.6 million users, 1,300+ lenders, credit rating agencies such as D&B and Equifax, and small business service providers including CPAS and lawyers.

2014's Best Small Business Cities for Women in America

shared by Biz2credit on May 15
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Denver is the Best Small Business City in America for Women Entrepreneurs, based on a weighted average that includes annual revenue, credit score, age of business (in months), cash flow, debt-to-incom...

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