Report: Rochester Hills, Southfield rank among best cities for small businesses

Posted at 4:42 PM, Sep 01, 2018
and last updated 2018-09-02 08:47:24-04

Three Michigan cities have been ranked among the best cities for small businesses, according to a report by Verizon Business.

Southfield topped the list at #4, Rochester Hills came in #8 and Novi at #36. 

Verizon used data from the U.S. Census and financial overviews from cities across the country to compile the list. 

Researchers based their rankings off these six metrics: 

  • Education levels of local workforce
  • In-city commute times
  • Income per capita
  • Broadband access
  • Availability of SBA loans
  • Tax friendliness

Read the full report here