We recently shared with you how small business owners throughout Ohio were feeling more optimistic about the economy and, in turn, were getting ready to increase their hiring in the months ahead. Now, these local entrepreneurs have even more cause for celebration, with a new poll listing Columbus, Ohio as one of the 30 best cities in the country to work for a small business.
Small businesses [comprise] over 99 percent of all employer firms in the U.S., nearly half of the country's workforce and close to two-thirds of new job created in the last 20 years.
That survey, conducted by WalletHub, looked at "the small business environment within the 100 most populated U.S. metro areas to assess their friendliness toward employers and job seekers." Those companies were then ranked on nearly a dozen different criteria, including job growth, employee earnings and industry variety. With small businesses comprising over 99 percent of all employer firms in the U.S., nearly half of the country's workforce and close to two-thirds of new jobs created in the last 20 years, it's important for owners and employees alike to be able to point to where the most successful and worker-friendly of these companies are — which is exactly what WalletHub sought out to do.
Columbus ranked 29th on the list, sure to be a point of pride for local residents and business owners as well as a beacon for current job seekers looking for a worker-friendly company to set up shop. Not only did Columbus place among the 30 best small business-friendly cities in the nation, but Dayton tied for fourth in small business cities that yield the lowest average number of work hours.
If you're a local entrepreneur looking to take advantage of our state's good standing with small business employees and expand a company of your own to attract them, consult with Growth Capital Corp. Our experts can help you find affordable, long-term, fixed-rate small business loans that meet your budgetary concerns while giving your company the growth it needs to succeed.