Looking to grow your business domestically?

While some companies are focused on growing globally and trying to determine the best international banking solutions for their enterprises, others may find it simpler and more beneficial to their business models to grow within the U.S. However, determining where in the country to expand operations can be a daunting task.

If you're looking to reach new domestic markets, you're probably already considering a city in which there are plenty of qualified workers, the market outlook is stable and the local government is doing its job. 24/7 Wall Street recently released its list of the best-run cities in the U.S. that business owners may want to consider when looking to expand within the country, as these markets offer stability, low crime rates and positive outlooks for companies.

Investing in well-managed areas can be a huge benefit
​Plano, Texas, which sits in the Dallas-Fort Worth metro area, was named the best-run city in America by 24/7 Wall Street. The community is not only home to plenty of corporate headquarters - including those of Dr. Pepper Snapple Group and J.C. Penney - but has a strong housing market and low unemployment rate.

Coming in second was Madison, Wisconsin, as a huge percentage (54 percent) of its adult population has a four-year college degree, and the city is home to many large employers. Third on the list was Irvine, California. Like Madison, Irvine has a high level of college-educated adults (67 percent of whom have a bachelor's degree or higher) who can help companies expand their operations. 24/7 Wall Street named Lincoln, Nebraska, the fourth best-run city, as it has been largely spared from the devastating recession and offers business owners a stable outlook for the future. Fifth was Fremont, California, near the center of Silicon Valley. With its strong manufacturing industry and easy access to California ports, it could offer many enterprises attractive expansion potential.

If you're looking to grow your business, it can be extremely beneficial to consider the outlook of the area in which you're considering growing company operations. Failing to consider important factors such as unemployment, taxes and the local labor force can put your company in a bind and make it more difficult for you to remain profitable in the long run and harder for your firm to obtain more business financing in the future. Consider your options for growth thoughtfully and don't neglect to speak with your financial institution, as expert advice may help you during an expansion project.

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Featured Insights

Boudin Bakery is one of the oldest businesses in San Francisco, having started in 1849 as the originator of San...

Early indicators show entrepreneurship is growing in the U.S., according to USA Today. Banks are easing credit...

Employment - Men still lag behind women. Overall, men have 699,000 fewer jobs now than they did in December 2007,...

Companies that only do three or four international sales a month are often not aware of the various payment...

In the Thumbtack.com Small Business Friendliness Survey, conducted with the Kauffman Foundation,...

The barriers to global expansion many small and growing businesses encountered in the past have decreased...

Beginning to do business abroad brings with it a host of important considerations for founders and company ...

Many startup founders stay with their business for as long as possible - but plenty of others choose to do otherwise...

Companies are worth whatever buyers are...

Highest prices since recession began.  Fraud continues to prosper. ARM’s accounted for 47% of Bay Area...

Recent News

BusinessWire
07/28/14
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (“KBRA”) has assigned senior...
07/24/14
San Jose, CA – July 24, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
07/22/14
Conference Call and Webcast Scheduled for Tuesday, July 22, 2014 at 5:00 p.m....
San Jose Mercury News
06/26/14
The award is a donation from Bridge Bank and Heritage Bank. Mr. Science makes a...
06/09/14
San Jose, CA – June 9, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
06/05/14
San Jose, CA – June 5, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
06/03/14
San Jose, CA – June 3, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
Orange County Business Journal, Jane Yu
05/28/14
San Jose-based Bridge Capital Holdings has pegged Costa Mesa as a key location for...
05/28/14
San Jose, CA – May 28, 2014– Bridge Capital Holdings (NASDAQ:BBNK), whose subsidiary...

Twitter

  • Be sure to check us out on #LinkedIn for more great conversation! http://t.co/PEZ2P22Ioc 1 day 7 hours ago
  • What makes a great #business plan? http://t.co/8I01yjgI0y 1 day 8 hours ago
  • BeyondCore's CEO: Change happens when we get large sections of the world more empowered and more effective. #alwayson 1 day 8 hours ago
  • RT @Kfaragon: @alwayson Tony Perkins apologies for lack of #female speakers @ #svis14, encourages folks to connect him w/successful women #… 1 day 9 hours ago
  • RT @EntMagazine 6 Secrets for Creating Fierce Employee and Customer Loyalty http://t.co/a7JOmmb6xT by @petercohan 1 day 9 hours ago
  • David Barrett of Expensify's take on the valuation of a company. #SVIS14 http://t.co/KAz8PUAjEo 1 day 10 hours ago
  • Can too much funding for a #startup be a bad thing? http://t.co/k8cRgUDqHR 1 day 10 hours ago
  • #SVIS14 panel on how growth companies can leverage the evolution of the cloud. Hosted by Sean Anderson of Rackspace. http://t.co/A4KtcHuUHW 1 day 10 hours ago
  • Bill Cleary on Samsung's attack on Apple: The best form of advertising for #1 is when #2 is attacking their heels. #SVIS14 1 day 10 hours ago
  • Bill Cleary on innovation: If Amazon tried to deliver a package to my house by drone, I'd take it out. #SVIS14 1 day 11 hours ago

Featured Insights

Featured Insight

Boudin Bakery is one of the oldest businesses in San Francisco, having started in 1849 as the originator of San...

Featured Insight

Employment - Men still lag behind women. Overall, men have 699,000 fewer jobs now than they did in December 2007,...

Featured Insight

Companies that only do three or four international sales a month are often not aware of the various payment...

Recent News

Early indicators show entrepreneurship is growing in the U.S., according to USA Today. Banks are easing credit...

In the Thumbtack.com Small Business Friendliness Survey, conducted with the Kauffman Foundation,...

The barriers to global expansion many small and growing businesses encountered in the past have decreased...

Twitter